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BitcoinCommodor
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September 26, 2017, 04:13:49 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!
Well the principles of trading is buy when low then sell when high, So probably if you want to earn more profit then save it, Maybe there will only be a small percentage of profit that you will earn but it was still a profit and it will increase and increase periodically. i think people put too much expectation in trading , they are also did not think clearly about how realistically they could make profit , and mostly so dreamy talking and expecting good things only without considering the worst possibility could happened. you put $10 and want to make it $30 , that was not easy. sometimes you should through the storm , dropped so low and be patient are a must. i think expecting to make a profit from trading is not a problem, because hope is an important thing to have but what needs to be needed is skill, knowledge, strategy and patience. you can not just rely on patience to invest or trade, you need more than that, so when bad things happen you can handle it well, like the current situation You are right that we should do both saving bitcoins for future uses and spending it now for daily life luxuries. I will save my bitcoins in form of large investments for long term benefits and I will spend my bitcoins for buying various products online, selling my ideas or project plans for bitcoins and some on trading to get short term profits. |
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man1996
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Activity: 84
Merit: 10
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September 26, 2017, 04:21:17 PM |
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If I have a lot of bitcoins I will save some of it for future purposes and spend some of it.
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marukochanx3
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September 26, 2017, 04:50:33 PM |
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be ur self , if i have a lot bitcoin , but on urgent time , maybe ill spend it a little. but bitcoin its never predicted , everyday bitcoin price is increase , and maybe can decrease , save its good idea , but be ur self , do as you want.  |
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tyronecoinbit
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September 26, 2017, 05:20:37 PM |
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If I have a lot of bitcoins I will save some of it for future purposes and spend some of it.
Spending your Bitcoin even if at once is never a wise decision because you'll never know what value it will hold in the future. If you can still manage to hold it, you should do it. Holding it for another years will save you from losing your money. Try holding it because for sure, bitcoin's price will increase in the next few years. |
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Kuchiyosenojutsu
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September 26, 2017, 05:28:16 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!
if I have a lot of bitcoin I will use some of my bitcoin for my life and I will save some of it as a fund reserve that I can use for trading in bitcoin market and generate additional revenue. |
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Qastessa
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September 26, 2017, 06:24:40 PM |
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of course, I will do both, I want to feel the results of the advantages of bitcoin for spending like a holiday or buy anything of it, then save it for the long term.
Well you are doing well and all you’re thinking about bitcoin is good because being patience is the chance for the good profit. Bitcoin is increasing the price and in the coming future the price of the bitcoin will increase more. So if I will have a lot of money I will definitely invest in bitcoin to assure my future and it will not make me disappointed because the bitcoin has the potential to increase your income. |
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FJNuñez
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🌟ATLANT ICO: 7/09/17🌟
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September 27, 2017, 03:08:01 AM |
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If you have a lot of bitcoins you should save them because they will become worth a lot more in the not so distant future. Some people have a hard time saving though, they want to consume.
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frowsiter
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September 27, 2017, 03:35:29 AM |
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It's depend of my situation, but for now if i have a lot of bitcoin,(example 10btc) i think the 50% of my bitcoin should i spend it for start my own business and some if my money i'll give it to my family to buy what they want or pay a bill. And the half i think i save it until the price of bitcoin get higher or maybe i'll invest it to increase my income and also trading.
Currently I'd save it since it has started increasing in value and the it stands a chance of gaining more fiat equivalent value and soi will wait until after this hike before I will sell and invest into a business. That's completely right way to work with bitcoin and from today onwards we might just see the hikes in the price of bitcoin. The china ban is about to end on 30th September and there is possibly people will start investing into bitcoin as they will be having assurance there is no more harm from the china side. The Panick ness will go away and every investor who had pulled their investment from the bitcoin will get the investment back in. This is going to boost the bitcoin very high. Talking about opening the business we should consider a year more or so because it's expected that price will jump more than this and it could go off the chart. Better wait for little more and then you can open up the doors for your business soon. |
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jcmelana1991
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September 27, 2017, 03:41:11 AM |
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for me, if i have a lot of bitcoin, will save it into my bank account, and the other thing, i will build my own business. so that i can see my savings that make growing longer.
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Ljanesanti
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September 27, 2017, 04:16:27 AM |
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I always save it. That is because i have other income to use for spending. But in a long run on my end its better to just save it and hold it in your wallet. Spend only or if youre going to spend minimal. Keep the money in the wallet , and make it grow more.
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Doomzoom
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September 27, 2017, 04:28:51 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 .
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mel1978
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September 27, 2017, 04:42:19 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!
That is good indicator that bitcoins price is continuously getting higher as days goes along. So we need as much as possible try to save bitcoins in our wallet and let it there for several months or years and when you check it out after several years wow you will get rich then. |
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iv4n
Legendary
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September 27, 2017, 04:49:38 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 agree with this way of thinking, with a lot of bitcoins the best thing we can do is to spent some and support bitcoin economy by using bitcoins in everyday needs, and to save some and have safe futility with some btc in the wallet sitting and waiting somr huge price rise. Bitcoin economy is like any other, we need to use it if we wish it to grow. Also price didn't reach the top, no one knows where is the top maybe 100k or more dollars, and its smart to have 1 btc or if you can more bitcoins for that times. With a lot of bitcoins we can organize better, and in recommend spending and saving, little from both is always the best possible solution. |
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Spain2000
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September 27, 2017, 04:52:23 AM |
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In my opinion if have alot of Bitcoin the best way to save it.
the other way to get return over save Capital is to wait for reight time and to invest in a good business opportunity.
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Finestream
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September 27, 2017, 04:52:49 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!
That is good indicator that bitcoins price is continuously getting higher as days goes along. So we need as much as possible try to save bitcoins in our wallet and let it there for several months or years and when you check it out after several years wow you will get rich then. If you trust bitcoin you won't think of the price to get lower, the trend will always prevail in the end and we are on the upward trend despite some dumps that happen. The demand is really big but you cannot avoid those FUDS happen sometimes as some holders are weak and they can easily be affected. |
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fasdorcas
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September 27, 2017, 05:05:58 AM |
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I don't have more coins only a very little is with me, so I always think how to grow it rather than spending. If I am so tight financially I will spent few otherwise I will hold it simply for future and also I hate to waste money on gambling.
If i have a lot of bitcoins, i will surely try to save them for the tough time. Also i will look to time when the value of bitcoin will go high. Well it depends on the needs, if need money at any moment i will go on to spend it. Otherwise i will keep it saved. Keeping in mind the recent value of bitcoins. |
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VegaAISolutions
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September 27, 2017, 05:08:20 AM |
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the question really depends on whether you're a Speculator on bitcoin price or whether you see Bitcoin as a currency. if you see it as a currency then it's obvious you should keep investing it at every opportunity you have diversify your portfolio and create a windfall.
on the inverse if you think Bitcoin is a means to its own end then you should hold on to your Bitcoin and wait for its inevitable rise in price - historically speaking if you had done that 5 years ago it would have outmatched any form of investment you could have possibly made at the time within 5 years.
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Sled
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September 27, 2017, 05:14:51 AM |
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I don't have more coins only a very little is with me, so I always think how to grow it rather than spending. If I am so tight financially I will spent few otherwise I will hold it simply for future and also I hate to waste money on gambling.
If i have a lot of bitcoins, i will surely try to save them for the tough time. Also i will look to time when the value of bitcoin will go high. Well it depends on the needs, if need money at any moment i will go on to spend it. Otherwise i will keep it saved. Keeping in mind the recent value of bitcoins. If you putted all of your money in bitcoin then that is a bad decision because you are telling that if you need money then you will spend your bitcoin, if you want to be wise in buying and using bitcoin then it is better to just put an amount that you can afford to lose and do not spend your bitcoin for a lot of years because that is the safest way to preserve your bitcoin and let it grow to a higher value. |
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Loope
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Merit: 10
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September 27, 2017, 05:26:43 AM |
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If I have lot of bitcoin in my wallet then I won't hesitate in spending some of them when I am in need of money and most of them I will save for the future and use of them in trade and investment to grow my bitcoins in long term so even if I spend them sometimes I always have an chance to recover them back by investing them in trading.
Well for, if haven't a more bitcoin, I think would save it but not the whole, i spent the one fourth of it cause i'm not evenly or pretty sure what's happen for myself for the years that i live on earth..there are some case we need immediately a cash so we don't have any problem on financial assistance..we are able to prepare, Through a wise thinking we must save for it unless we needs an emergency.. |
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PETES
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September 27, 2017, 05:27:22 AM |
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At first I just save bitcoin when I have an extra coins like if I don't need it but later on I realize that I should save as more as I can as I see bitcoin value now is expensive and I don't wanna miss the chance of being rich in the future.
So yeah I'm more likely on saving and less than spending.
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