If you have a lot of bitcoin, should you spend it or save it?

[cyclotronmajesty]

If I would have lot of bitcoin then I won't mind in spending some of them whenever necessary as rest bitcoins can take care of me in future and with lot of bitcoins I can also make good profits from trading from where I can recover my spent bitcoins back but I have limited amount of bitcoins then I will save it for future without spending it on anything.

[sapnu]

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!

It will depend on the user. Bith of it will give its user big profit. Just by saving your Bitcoin for a period of time, you'll already making money from it. The same with spending it into an investment, you'll also make profit but faster than holding your Bitcoin but a bit risky. But you may research about good investments that will give you assure profit to avoid losing money on investing.

[Meowth05]

If I have huge amount of bitcoin I will definitely spend it not in futile stuff but to run a business. I much prefe to spend my earnings to run a business because I believe that if that business become successful, I can retrieve those money that I had invest to that business. Furthermore, if I have a business I will have an active income and I can now buy all the things and I can help my family to arise from poverty.

[ipanks]

I think you are a long-term investment, save longer then you will get more profit from it. Or you buy bitcoin on the lowest side and sell it later when bitcoin price reaches its maximum point in 5 years to come, I think your profit is much bigger than this.

its better to save bitcoin for a long term investment but if we want to spend its good too but we need to search the store which is accepting bitcoin as payment. beside to save, to spend, i think we can increase by doing trading too because sometime with trading there are many coins suddenly getting increase.

[yakushev]

The bitcoin must be stored. The longer and more bitcoins we keep, the more profit we will have. If bitcoin is sold earlier because of panic, then we will lose the opportunity to become richer and maybe even get losses.

[futuret]

If I have huge amount of bitcoin I will definitely spend it not in futile stuff but to run a business. I much prefe to spend my earnings to run a business because I believe that if that business become successful, I can retrieve those money that I had invest to that business. Furthermore, if I have a business I will have an active income and I can now buy all the things and I can help my family to arise from poverty.

it is good if you want to start a business because it is very difficult to maintain your life with short income. Bitcoin is providing a lot of chances to the investors and to the bitcoin users so I think if you will invest your bitcoin and keep it with you so you will make good income. Spending is good but it will not very good for your coming life we should thing and save something for our future as well so I would suggest you to save your bitcoin because the price is still increasing.

[Xenoph0bia]

The bitcoin must be stored. The longer and more bitcoins we keep, the more profit we will have. If bitcoin is sold earlier because of panic, then we will lose the opportunity to become richer and maybe even get losses.

Agreed with you, at this moment everyone should hold their bitcoins in order to book good profit in future. If I have lot of bitcoins then i would en-cash few of them only in case of emergency or else I would hold it.

[esatceza]

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 think it is a profit that you get after you keep the BTC in the wallet over a period of time. That means that if you save a large amount of BTC in the wallet after a period it will become a lot of money or you will lose everything.

[liuqi]

I think you are a long-term investment, save longer then you will get more profit from it. Or you buy bitcoin on the lowest side and sell it later when bitcoin price reaches its maximum point in 5 years to come, I think your profit is much bigger than this.

its better to save bitcoin for a long term investment but if we want to spend its good too but we need to search the store which is accepting bitcoin as payment. beside to save, to spend, i think we can increase by doing trading too because sometime with trading there are many coins suddenly getting increase.

If you are fine with the trading you can start towards it with the perfect following up with the price chart. If you ask me, I would ask you to invest the bitcoin you saved in same bitcoin related field to get the more profit and bitcoin back to you.

[kkaroul4]

if have alot of bitcoin, i will spend the profits i get to buy new smartphone. So, bitcoin i have remains intact and can continue to exist for me to use for more profit.

[YTBitcoin]

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 own opinion, if i have a lot of bitcoin the first thing i would do is i will spend it to make a business so i could earn more money with it like a food business because i love to cook. Then i will save all of the money that i earn in my business for future purposes. I can also buy the things that i wanted if i have a lot of bitcoins.

There always a saying for being active in your life for better life. Totally agreeing with the approach here, just make some business in bitcoins, get profit. Don’t waste it like shopping or in extra chores. Make some business with this profit, food business is amazing and use make profits and buy more bitcoins, thus making a circle of better life.

[rainingbitcoins]

Even if I have lot of bitcoin I will never spend them right now as there is still an room for improvement and we will witness some really good price of it in near future and that would be the perfect time to spend bitcoins as spending now will not be too profitable which we can expect from future.

[BaraxLo]

I think that bitcoin should be scared to save as long as possible, regardless of how many it is. The currency is growing very fast and brings a fantastic profit. The more coins there are, the more profits there will be in the future.

Why should be scared of saving bitcoins for long time? You too know that bitcoins are day by day increasing in their value and there are many speculations about bitcoins setting new records in the coming years. Under such circumstances, I don’t think so there is anything wrong in saving bitcoins.

[fasdorcas]

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.

Wow, surprise surprise, you had 13 cents worth bitcoin, bitcoin price went up and now you have 50 cents worth bitcoins.

What do you call this?

I call it spamming forum with shitty threads.

Come on! That’s so unfair. The forum is providing you with profit and you calling it shitty instead of being thankful. It is not spammed, the prices of bitcoins rose so your coins also increase in worth. If you are not interested, then simply leave bitcoins and this forum. No one will stop you.

[jostorres]

I think that bitcoin should be scared to save as long as possible, regardless of how many it is. The currency is growing very fast and brings a fantastic profit. The more coins there are, the more profits there will be in the future.

Why should be scared of saving bitcoins for long time? You too know that bitcoins are day by day increasing in their value and there are many speculations about bitcoins setting new records in the coming years. Under such circumstances, I don’t think so there is anything wrong in saving bitcoins.

Hmm! Bitcoins have already for thousands of times proved, that they have the potential of making us rich in short time. Bitcoins have risen damn high in price after every dump. Why people are afraid of using bitcoins when they have already produced thousands of new millionaires.

[barhavsky]

i think better save it because bitcoin prices will continue to increase as more people know about bitcoin and will try to use or invest in bitcoin at this time.

[gabbie2010]

One of the best form of investment is to save bitcoin for the future  rather than spending it, there is a wide and growing speculation that the price of bitcoin is skyrocketing in fews years to come and an already saved bitcoin must has been tripled or even quadrupled which result to a highly yielded investment.

[richminded]

i think better save it because bitcoin prices will continue to increase as more people know about bitcoin and will try to use or invest in bitcoin at this time.

Yeah i agree, but since i have a lot of bitcoin i can afford to spend some of my earnings but still i will save more for the future. And i know bitcoin will become more powerful in the future so i have to be prepared for that.

[allohha]

i think better save it because bitcoin prices will continue to increase as more people know about bitcoin and will try to use or invest in bitcoin at this time.

Yeah i agree, but since i have a lot of bitcoin i can afford to spend some of my earnings but still i will save more for the future. And i know bitcoin will become more powerful in the future so i have to be prepared for that.

The fact is that you do not need to forget about how I am different today. Paying bills requires special attention and a lot of money. I think that many users earn Bitcoin and spend it even more than half today. Of course, judging by the forecasts that are expected in the future, Bitcoin still needs to save at least a small part of it.

[lady Royal]

2.1 Bitcoins is not a lot of Bitcoins, There are peoples who have saved 100s of Bitcoins.
Well I don't think that 2.1 Bitcoins will ever be sold in cents. Right now, If I had 2.1 Bitcoins I immediately cash it out because I think that is the highest price for Bitcoin to reach. The dump is coming, I hope that it don't and Bitcoin keep its position.