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agentx44
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August 04, 2017, 05:26:23 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 bitcoins i would use to make a business because so i could double or triple my money then i will save all the money that i earned in my business. Then if i save a lot of money i will spend it and buy all the things that i ever wanted like a house and my own sports car. |
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skyline247
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August 04, 2017, 05:30:51 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!
If i have a lot of bitcoins i would use to make a business because so i could double or triple my money then i will save all the money that i earned in my business. Then if i save a lot of money i will spend it and buy all the things that i ever wanted like a house and my own sports car. Why wouldn't you save your Bitcoin instead of opening a business? Bitcoin value doubles each year... I doubt your business would be able to make that amount. You would probably make more just holding. What kind of business would you open anyway? I think there is tons of potential for Bitcoin businesses as it is so new. |
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mariahh
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Activity: 98
Merit: 10
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August 05, 2017, 07:50:31 PM |
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hhmm.Here's a nice dilemma.I think it depends on how many money.For example if I had enough money to buy a house,a car,and to study I would spent it(I think that this is an exaggeration).Otherwise I would save it till make enough money to make a business or all the above things.
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Gumpfire
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August 06, 2017, 12:29:06 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 if i have a lot of bitcoin i will not spend all of them. I will save them and i will start to make an food business because it is my dream to make my own restaurant. And all of my earning in my business is i would buy my own car and my own house. |
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28days_ever
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August 06, 2017, 12:31:19 PM |
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Bitcoins need to be saved regardless of their number and used only as a last resort if you do not have enough money to buy. Spending all coins for fun is stupid because the price is constantly growing and makes you richer.
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joseafonso123az
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August 06, 2017, 01:06:11 PM |
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Bitcoin will keep increasing and decreasing it's value till it gets all stable. Now it's a volatile coin, and these gains you see are because of the volatile nature of it. Saying that, I think saving them for some time won't be bad at all, because it will still increase a lot in my opinion
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geegaw
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August 06, 2017, 01:06:59 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 bitcoins i would use to make a business because so i could double or triple my money then i will save all the money that i earned in my business. Then if i save a lot of money i will spend it and buy all the things that i ever wanted like a house and my own sports car. Why wouldn't you save your Bitcoin instead of opening a business? Bitcoin value doubles each year... I doubt your business would be able to make that amount. You would probably make more just holding. What kind of business would you open anyway? I think there is tons of potential for Bitcoin businesses as it is so new. No one can be sure the price of bitcoin will continue to double every year as you say, it has certain risks. In addition, at present, the price of bitcoin is very high and if we continue to save it, the profit is not too big in the future. The best is that we should save some Bitcoin then use the rest to build a career, creating a solid foundation for our future, that would be better for us. Career stability is better than a risky investment |
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gabmen
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August 08, 2017, 03:47:02 PM |
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Bitcoin will keep increasing and decreasing it's value till it gets all stable. Now it's a volatile coin, and these gains you see are because of the volatile nature of it. Saying that, I think saving them for some time won't be bad at all, because it will still increase a lot in my opinion
Save it or spend it, most of us eventually will be doing both. You're right. What's going on right now is because of btcs nature and saving at this time is the most profitable thing to do. But i don't think you have to save at the expense of depriving yourself. If you need to spend, do so as long as you'll benefit from what you'll do |
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Proximity Scan
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August 08, 2017, 04:35:18 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 bitcoins i would use to make a business because so i could double or triple my money then i will save all the money that i earned in my business. Then if i save a lot of money i will spend it and buy all the things that i ever wanted like a house and my own sports car. Why wouldn't you save your Bitcoin instead of opening a business? Bitcoin value doubles each year... I doubt your business would be able to make that amount. You would probably make more just holding. What kind of business would you open anyway? I think there is tons of potential for Bitcoin businesses as it is so new. No one can be sure the price of bitcoin will continue to double every year as you say, it has certain risks. In addition, at present, the price of bitcoin is very high and if we continue to save it, the profit is not too big in the future. The best is that we should save some Bitcoin then use the rest to build a career, creating a solid foundation for our future, that would be better for us. Career stability is better than a risky investment That's true. Assuming bitcoin price will continuously rise is wrong here. Everboydy should determine a price to leave bitcoin to realize his profits. This profit realization point can be arond $5.000 or $10.000 but there should be an exact number. Holding it forever does not provide us benefit. |
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SirLancelot
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August 09, 2017, 03:26:41 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 bitcoins i would use to make a business because so i could double or triple my money then i will save all the money that i earned in my business. Then if i save a lot of money i will spend it and buy all the things that i ever wanted like a house and my own sports car. Why wouldn't you save your Bitcoin instead of opening a business? Bitcoin value doubles each year... I doubt your business would be able to make that amount. You would probably make more just holding. What kind of business would you open anyway? I think there is tons of potential for Bitcoin businesses as it is so new. No one can be sure the price of bitcoin will continue to double every year as you say, it has certain risks. In addition, at present, the price of bitcoin is very high and if we continue to save it, the profit is not too big in the future. The best is that we should save some Bitcoin then use the rest to build a career, creating a solid foundation for our future, that would be better for us. Career stability is better than a risky investment That's true. Assuming bitcoin price will continuously rise is wrong here. Everboydy should determine a price to leave bitcoin to realize his profits. This profit realization point can be arond $5.000 or $10.000 but there should be an exact number. Holding it forever does not provide us benefit. I don't think so there is anything wrong in holding Bitcoin forever. Experts know that bitcoins are going to rise further in the coming years. Those who will keep holding to their bitcoins will definitely be on the top of world in the coming decade. You should not doubt the potential of Bitcoins. |
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Nivir
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August 09, 2017, 03:41:50 PM |
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If I had lots of bitcoin of course I would spend some to reward myself and most of it will be kept somewhere very safe and hold them for a couple of years and hopefully I could pass some of it to my kids and grand kids.
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albert11
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August 09, 2017, 03:50:57 PM |
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If you have a lots of bitcoins HOLD IT. Since you see the value going up now you know what happened if you hold. And if you spend for what ?
for chilling or other else if that is not important Save it and Hold it your BTC. i know its hard to be patience when it comes to money but if the future there will be a biggest return. Think that always
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andycarrol
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August 09, 2017, 04:10:34 PM |
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If you still hold until now, congratulations you've got a lot of profit. my suggestion you can sell a part before prices down again, if it's down then you can buy more at a low price  |
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Bingooop
Newbie
Offline
Activity: 54
Merit: 0
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August 09, 2017, 04:28:36 PM |
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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.
Well maybe anyone's mind would have to spend them but maybe if the bitcoins value increases after some time ur mind would get so deep hurt so to save it is the best option for future use |
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Bingooop
Newbie
Offline
Activity: 54
Merit: 0
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August 09, 2017, 04:45:57 PM |
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I will do both, spend and save it. I need money so i will sell my bitcoin and use it for my needs, but i won't spend all of them.
Bitcoin price keeps increasing, so it'll be a fool decision to spend all of them. I will keep it and wait until the price is high. Maybe i'll consider to sell it, or just keep it again lol.
And also, maybe i'll sell my btc and wait until the price get lower, and buy more bitcoin with my money and keep it again so i'll gain more profit.
Yes it's correct but probably it must not be so sure about the topic because anyone can do anything without any effort so it's all because of luck |
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teamcryptonator
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August 09, 2017, 05:31:42 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 bitcoins i would use to make a business because so i could double or triple my money then i will save all the money that i earned in my business. Then if i save a lot of money i will spend it and buy all the things that i ever wanted like a house and my own sports car. Why wouldn't you save your Bitcoin instead of opening a business? Bitcoin value doubles each year... I doubt your business would be able to make that amount. You would probably make more just holding. What kind of business would you open anyway? I think there is tons of potential for Bitcoin businesses as it is so new. No one can be sure the price of bitcoin will continue to double every year as you say, it has certain risks. In addition, at present, the price of bitcoin is very high and if we continue to save it, the profit is not too big in the future. The best is that we should save some Bitcoin then use the rest to build a career, creating a solid foundation for our future, that would be better for us. Career stability is better than a risky investment That's true. Assuming bitcoin price will continuously rise is wrong here. Everboydy should determine a price to leave bitcoin to realize his profits. This profit realization point can be arond $5.000 or $10.000 but there should be an exact number. Holding it forever does not provide us benefit. I don't think so there is anything wrong in holding Bitcoin forever. Experts know that bitcoins are going to rise further in the coming years. Those who will keep holding to their bitcoins will definitely be on the top of world in the coming decade. You should not doubt the potential of Bitcoins. Experts not is God, their predict will be wrong when the emotion of trader on market changes. So don't let some predict of them make you believe 100% the future of Bitcoin, Bitcoin is virtual asset, not like other asset in outside as Gold, Real Estate or FIAT. |
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Pisrem29
Newbie
Offline
Activity: 20
Merit: 0
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August 09, 2017, 05:38:12 PM |
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It's personal man, you're the only one who can decide that. If you have great incomes then why not save it for the future. Or split the amount on how much you are able/want to spent or save.
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marcbitcoins
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August 09, 2017, 10:19:53 PM |
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It's personal man, you're the only one who can decide that. If you have great incomes then why not save it for the future. Or split the amount on how much you are able/want to spent or save.
Yes, I agree we shall spend it only for future emergency use. But if we really want to spend it for somehow atleast we shall Lower down all our important expenses that can't be removed by this we can savemore for other investments. |
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Lady Coquet
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August 10, 2017, 11:12:17 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 will save my bitcoin of course i will only spend it for emergencies or future purposes. Why would someone spend all of it's bitcoin in worthless things they still need to save there bitcoins because earning bitcoins are not that easy so you need to budget all the things that you buy everyday. |
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Adbitco
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August 10, 2017, 11:20:13 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.
I would do the same, I would save some portion of it and invest the other one except I would invest in some good ico as it's been one of most profitable investment for sometime now only you have to choose the right one. So I would like to advise you op that don't invest the whole of money you have, save some of it too. |
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