Mr.john
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Activity: 102
Merit: 10
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September 27, 2017, 05:55:19 AM |
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Yeah as all here is saying, it depends on your fiancial needs. Also an individual preference.
Not to go some technical, if I have that amount of btc I think it's not enough for me to spend a lot of them. I'll save the 2btc and withdraw the remaining for my financial needs. Buy the things that I wanted, travel a little ( to spoil myself ) and a treat for my family. I think that's well spent.
Hold your btc as long as you don't need them as a fiat.
Yeah, i was agree with your explanation it will depends to us of how we are going to use our own bitcoin specially in our financial needs. But for me, if i have a lots of bitcoin first i will plan with my self of how can i use my bitcoin in a very useful way. I don't spend my all bitcoin to buy a things that i want and i will trying to save some bitcoin because in case of emergency even i want some money i was get my money in a short period of time because i will save it. In addition, about it if i want to spend my money i want to set the limit into myself i buy the things that i can use into my daily life like, foods, and other psychological needs and personal needs and i will not to buy a luxury things if my money are not enough to buy this things. Further more i was save my money for my future purpose because i want to have a lot of money when i am turned to become old, because if i am old i can't to take job and im sute that i am so weak when im old, so for now i want to save some money for my future. So for, for now this i want to do if i have a lots of bitcoin. |
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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kevpantof
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September 27, 2017, 06:58:31 AM |
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i think you should spend some and save some for emergencies and that is why you can do that but you need to think over the fact that you can put some money in an other investment and have some money when that goes wrong.
That is the point. Actually you are trying to explain dividing rule. That will be so better if you divide your bitcoins, half for your savings for emergencies and other household needs, other half for investments. Second half is much better in all respect to enhance your bitcoins more and more. |
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Chienna
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September 27, 2017, 07:01:39 AM |
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If I have a lot of bitcoin some of it, I will save for my future and some of them I'll spend it. I will those that I need in my life. Ie will also help my family for the bills that they pay in house. Some of them is my allowance in school. It helps also to save it for the time that emergency comes do you have money to get.
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1BTC EQUALS 1CAR
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September 27, 2017, 07:44:39 AM |
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I'll spend a portion of it and save all on what's left. I should be wise and wait for the bitcoin price to be tripled or more.
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1059
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September 27, 2017, 11:05:37 AM |
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If there is abundant btc available with me then for some of the btc I will sell it and lead a luxury lifestyle and fulfill some of those dreams. Few of them will convert to some altcoins and invest in good and upcoming ICO . Few will hold it as btc price is increasing and hold it till the crash starts.
Rest will sell as and when required to meet daily expenses and pay the monthly bills .
I think what you should do is make a business first before stepping up your lifestyle. Like you said, you are going to be selling some of the coins to support your daily expense and pay monthly bills. That means, you're going to get money solely from your bitcoins. Eventually, the abundant amount of btc you have will deplete and it will deplete at the rate depending on the "luxurious" lifestyle that you have made. I think you should start by making a business first so you know that tomorrow, there's going to be food on your table without you having to sell your bitcoins. Remember that bitcoin is an investment but it's better to have a business that will support your lifestyle and leave only large expenses for your bitcoins. |
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resty
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September 27, 2017, 11:37:29 AM |
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Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
In my opinion base on my situation obcourse i choose savings for the future, and spend a little bit more for a basic needs. That's the best solution on how to manage the bitcoin because after a few years the Value of Bitcoin it's probably overwhelming |
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cryptoknightt
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September 27, 2017, 12:00:51 PM |
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Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
In my opinion base on my situation obcourse i choose savings for the future, and spend a little bit more for a basic needs. That's the best solution on how to manage the bitcoin because after a few years the Value of Bitcoin it's probably overwhelming We should spend it because we must also feel the result of bitcoin, and most of that certainly should be in store because we know bitcoin has a very good future. anyone going to hold for the highest price. |
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real eyes realize
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September 27, 2017, 12:01:35 PM |
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For now, I think it is better to save it. Actually, my main advice is always that, everybody should do their works just by following their own minds, not by following the other people's acts.
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Lm2e4
Full Member
Offline
Activity: 248
Merit: 100
https://exclusiveplatform.com/
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September 27, 2017, 12:16:04 PM |
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I'll just save it and wait for it's higher price, because for me 2.1 bitcoin is not that just big enough to spend. But it is still depend, if you are in urgent need of money then spend it but make sure it worth. But if you aren't then save it, it is the right thing to do.
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HappyCaptain
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September 27, 2017, 12:21:56 PM |
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I would spend some to buy promising alternative coins so I could increase what I have because I believe on the coins I hold that will help me to get richer in the future.
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Portia12
Full Member
Offline
Activity: 434
Merit: 105
ADAB ICO
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September 27, 2017, 01:26:51 PM |
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If i have lot of bitcoin i will not spend it i will invest or go trading to have profits. We cant predict the price of bitcoin but my prediction bitcoin will pump so high next month
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kucritt
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September 27, 2017, 01:38:38 PM |
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if i have that bitcoin maybe i saved it, because right now i dont want to buy something or need something so i will saved bitcoin ntil the price is rise higher than now. until bitcoin reacher the higher rate i will sell my bitcoin and do it again, buy when its low and sell it when high
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kie
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September 27, 2017, 02:09:13 PM |
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i rather save them if time comes i have something to withdraw. i can used it if time needed comes.
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Xester
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September 27, 2017, 02:25:14 PM |
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If I have a lot of bitcoin some of it, I will save for my future and some of them I'll spend it. I will those that I need in my life. Ie will also help my family for the bills that they pay in house. Some of them is my allowance in school. It helps also to save it for the time that emergency comes do you have money to get.
Yes that is quite logical. We are here because we need money. We need money because we want to secure our future. We need money to buy things we need. So basically we have to spend some of our bitcoins if we already have lots of them. And keep what will be left after spending some of them. |
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Cacingkemi
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September 27, 2017, 03:09:09 PM |
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If i have lot of bitcoin i will not spend it i will invest or go trading to have profits. We cant predict the price of bitcoin but my prediction bitcoin will pump so high next month
the bitcoin prediction is always unexpected as it always rises or stabilizes. if I am private, I'd better melt the bitcoin into money after that I tube maybe with the intention of opening a business, so the business goes bitcoin runs, all for better economic progress and realize the dream. |
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CARrency
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September 27, 2017, 03:16:41 PM |
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i rather save them if time comes i have something to withdraw. i can used it if time needed comes.
I will also be saving them rather than use them abruptly not only because I will be needing them in the future but because I know that in the future it will be having a good price to trade and earn or maybe buy some new ICOs or tokens or altcoins that can also give you a good profit. |
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Vikingr
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September 27, 2017, 09:29:00 PM |
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I will surely save them all.
The price of bitcoin is going up so I know that its worth it to save
If a person has to clear some debts or is in great need of shelter but he has bitcoins in his wallet, then the right decision would be to spend some of bitcoins. Also, if someone is planning to start a business of his own and needs money, bitcoins can be used. Other than this, I think it will be more beneficial to hold on the coins for as long a duration as possible. Within months, it is going to touch 5k dollars. |
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Ngewex Yuk
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September 27, 2017, 11:29:38 PM |
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Today I am very happy because the price in 2 days is skyrocketing, now the price is over $ 4200 and I'm sure the price $ 5000 is immediately reached (maybe in the early october), with that prediction I'll keep my bitcoin so I'll get more profit.
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TIME
TO
SLEEP
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alfs75
Full Member
Offline
Activity: 392
Merit: 100
platform for everyday business
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September 27, 2017, 11:46:19 PM |
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Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
I i have a lot of bitcoin all i can do is to invest and and save the interest for future plan in education of my child.bitcoin is great currency if someday i earned in bitcoin in campaign or trading investment ,i dont wanna spend all of this things in vices, especially gadgets and social life,all i can do is to save and earn,bitcoin is an opputunity given by God to people and we used it in purpose. |
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winterland
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September 28, 2017, 02:45:22 AM |
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I will stop working first, then i will cashout 70% and open a real business. 30% more will i use for a next 5 year investment. Because, i haven't known more about bitcoin, and this is too risky for me.
Why would you cash out your bitcoin to open a business when you could leave your money in bitcoin and make a lot more money by doing nothing, at worst I will withdraw a small amount of money to buy properties, if I had enough bitcoin for that, that way if things went wrong you will have gotten huge benefits thanks to bitcoin. |
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