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ongels
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September 19, 2017, 10:35:42 AM |
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I don't know what to do with my bitcoins, because i don't have assurance if bitcoin goes up or down , I am affected with many threats around , somebody say lets go for it and someone are concluding it will banned soon because it is a scam. Perhaps i have to read and observed more to avoid the tendency of losing. Looks like i'm in the midst of casino searching for luck.
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chelle5
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September 19, 2017, 12:41:15 PM |
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I will go for 70-30.Which is i will saving 70% and will definitely be spending 30%for my family.The remaining 70% i will invest some until it starts to get higher again.
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Charisse1229
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September 19, 2017, 01:03:34 PM |
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For me save it. because it has the potential to rise high, then i invest some of my bitcoin while waiting to rise her value in the highest price. I cannot wait for that. Wish im the one of users have a bitcoin.
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Sled
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September 19, 2017, 01:22:01 PM |
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For me save it. because it has the potential to rise high, then i invest some of my bitcoin while waiting to rise her value in the highest price. I cannot wait for that. Wish im the one of users have a bitcoin.
If you will save bitcoin and then keep finding a way to grow your money in bitcoin like investing in trading because that is one of the best way to earn money easily and having good sources of income of bitcoin will help us to earn more bitcoin and if the price of bitcoin will go up then it is already a great income if we are going to see it on a fiat value. |
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Kyotric
Newbie
 Offline
Activity: 17
Merit: 0
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September 19, 2017, 01:22:13 PM |
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Spending it promotes the currency, but holding it will be more beneficial to you. I see this as a problem for BTC, most people are currently holding it. How do we expect the mainstream public to accept it when we don't even use it ourselves?
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lazaruseffect11
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September 19, 2017, 01:25:50 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!
For me, i will invest it so that in the future, i can have more of it. In saving a bitcoin, you should also know how to make it grow not just by investing it alone. You need to find a job that can earn you bitcoin and invest those earnings. In that way, you can earn bitcoin fast and easy until you have many of it. Having many bitcoin can help you reach your dreams and sustain your daily needs. |
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FrueGreads
Legendary
Offline
Activity: 1582
Merit: 1059
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September 19, 2017, 01:38:56 PM |
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I recently start changing my mind a bit about this topic. I think we need to hold lets say, 80% to 90% of our coins, and spend the rest. When I say spent I'm not saying sell it for fiat, I'm actually saying try to buy something on a merchant that accepts bitcoins. The price is volatile, so holding is the best option of course, but I've recently realized that the price is so high, because we actually expect that BTC in a later future will be used as a currency as well, and we will be able to buy things with it. That is the only thing that is giving BTC a value, because if we all plan on just selling it in the future, when it's price is real high, then it means that we don't believe in bitcoin and we are just using it as a bubble. If we all stat selling it once the price is really high, the market will crash.
So I think we need to hold most of the coins, but slowing start buying real goods with it, and not just sell it for fiat.
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fullypak
Legendary
Offline
Activity: 1456
Merit: 1005
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September 19, 2017, 01:53:16 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!
For me, i will invest it so that in the future, i can have more of it. In saving a bitcoin, you should also know how to make it grow not just by investing it alone. You need to find a job that can earn you bitcoin and invest those earnings. In that way, you can earn bitcoin fast and easy until you have many of it. Having many bitcoin can help you reach your dreams and sustain your daily needs. Present situation how many bitcoins you will save it will definitely help you a lot in future. And in future, it will make your dream success. i use bitcoins to save and spend both. It depends on my situation suppose if i need any urgent money and i don't have money in the bank will sell my bitcoins. If i don't need money, then i will save my bitcoins. |
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appleffi
Member
Offline
Activity: 126
Merit: 11
One of a kind
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September 19, 2017, 01:58:04 PM |
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I suggest you save it if you do not depend your daily living on bitcoin, simply because if you save it, there is a bigger chance for it to grow unlike spend it now. But just like what I have said, you can do that if you have other source of income.
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empoy
Member
Offline
Activity: 77
Merit: 33
Look ARROUND!
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This question is being asked many times on this forum. You can check the answers and most of them will suggest you to save/hold/reinvest your bitcoins for longer times. Now as you stated that you kept 13 cents and it became 50 cents after 7 months or so. Well that change you may find very little but with bigger investments you get bigger returns. Also, you must invest with right time, such as bitcoin price at lower side, this means you will get more bitcoins in less amount spent. Also, when the price increases the same amount of bitcoin will have more dollar value. Thats very easy calculation but basis of how you invest. Household really hold it.
This is mostly seen in this section and i know many people answered it but i will answer it for the sake of the mankind. The 1/3 of my bitcoin is i will spend it and use it for many purposes like travels,buy some goods and many more and the rest i will keep it or save it in my wallet so that if something happen, i have left for it. |
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Fatanut
Legendary
Offline
Activity: 1008
Merit: 1059
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September 19, 2017, 02:32:31 PM |
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I recently start changing my mind a bit about this topic. I think we need to hold lets say, 80% to 90% of our coins, and spend the rest. When I say spent I'm not saying sell it for fiat, I'm actually saying try to buy something on a merchant that accepts bitcoins. The price is volatile, so holding is the best option of course, but I've recently realized that the price is so high, because we actually expect that BTC in a later future will be used as a currency as well, and we will be able to buy things with it. That is the only thing that is giving BTC a value, because if we all plan on just selling it in the future, when it's price is real high, then it means that we don't believe in bitcoin and we are just using it as a bubble. If we all stat selling it once the price is really high, the market will crash.
So I think we need to hold most of the coins, but slowing start buying real goods with it, and not just sell it for fiat.
If you are rather forced by the high price of bitcoin to buy something, then you will end up being forced constantly by it in the future. In the future, the price will continue to rise and you will continue to think about spending your coins because of the high price. I don't know why are you saying that people using bitcoin as a bubble don't really believe in bitcoin. How about the people that believe in bitcoin and understands that the whole thing is just a bubble? Hmmm, to some buying from a merchant that accepts bitcoins isn't really an option. You might come across a few online sellers accepting bitcoin but do they sell the thing that you are looking for? I usually just convert my bitcoins into fiat and buy the things that I need. I don't see the point of going through so much trouble just to use bitcoin as payment when you can simply convert it. |
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saiha
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September 19, 2017, 02:33:54 PM |
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I'll sell 30% and will do whatever I want with that amount.
And the rest will be stored and keep it as my investment because I'm still a bitcoin believer and I want bigger profit.
Regardless on how many I have still I want to save it.
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Vires in Numeris
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hangar18
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September 19, 2017, 04:25:46 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 spend bitcoin for my bussines, or my need, and having fun sometimes with my friend. but not all my bit, just a little. and the other bit save on bank, for my future. 20% for having fun, 80% for my future. How to save your Bitcoin in bank? If I am not wrong, currently we still do not have any banking accept Bitcoin as an asset like Gold to saving, because Bitcoin very unstable and it is illegal! (Have not any rules for it) |
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Abiky
Legendary
Offline
Activity: 3192
Merit: 1359
www.Crypto.Games: Multiple coins, multiple games
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September 19, 2017, 09:24:21 PM |
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I'm still sure bitcoin prices will skyrocket this year, even though I have a lot of bitcoin I'll hold, I'll set a target if the price has reached $ 8000 I'll sell about 50% bitcoin I have.
Nice. It is good to save Bitcoins in the meantime due to a potential price increase in the future. Thus, if you save more Bitcoin than what you spend, you'll be able to have complete control over your finances, reducing the possibility of becoming bankrupt. Since we cannot know for sure what Bitcoin's price will be in a couple of years from now, it will be just a matter of buying and holding Bitcoin for the time being. Then, after we have gained a lot of profit, we could spend our Bitcoins in things we need. Just my opinion  |
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man1996
Member
Offline
Activity: 84
Merit: 10
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September 20, 2017, 06:47:48 AM |
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In my point of view we should save as well as spend the bitcoins.If we have a lot of bitcoins we should save some of them for future or emergency uses.The remaining of them we can spend on our needs and wants or spend it on our girlfriends etc.If we save we will have more money
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tyronecoinbit
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September 20, 2017, 07:46:46 AM |
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In my point of view we should save as well as spend the bitcoins.If we have a lot of bitcoins we should save some of them for future or emergency uses.The remaining of them we can spend on our needs and wants or spend it on our girlfriends etc.If we save we will have more money
You have a point. We should also save for the future and emergency uses. As for me,I would spend 10% of my bitcoin and save 90% of it and hold it for years. Surely, I’m going to have triple times as its present value if I’ll wait for longer years. |
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sariz12
Member
Offline
Activity: 98
Merit: 10
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September 20, 2017, 08:22:45 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!
Like what the other says that It depends on your fiancial needs .And also an individual preference.But fot me I would save It,because It has the potential to rise high, then I invest some of my bitcoin while waiting to rise her value in the highest price. |
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Latviand
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September 20, 2017, 08:34:54 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!
I an really confused on why this is an issue, if you have a lot of bitcoin there really should be mo problem on if you spend some of it. I think it should be shluld you save it all or spend it all? It is surprising that if ylu have a lot of bitcoin then the ending would be that you saved most of it then spend a little that you are willing to splirge on. |
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ROB18
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September 20, 2017, 09:17:39 AM |
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If i have a lot of bitcoin right now. 30% of it, i'll concert it to cash to spend or put on other investment and 70% i'll keep it as bitcoin.
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nkarm1
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September 21, 2017, 03:08:31 AM |
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If you have 2 bitcoins, bitcoin is your source of income and your life really depends on it, of course you would spend it. Why wouldn't you spend it right? It always depends on your necessities. Or somehow if your bitcoin is only an investment and you have other income from your job so be it, let it be an investment as you save your salary from your job.
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