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Author Topic: If you have a lot of bitcoin, should you spend it or save it?  (Read 33317 times)
bebejhen
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September 03, 2017, 02:05:14 PM
 #641

I rather saved it first and wait for the right time until its valaue get higher and turn it into cash. For now, I am starting saving it. I chose this bitcoin be my saving kit. All of my earning here is for my future. Then my other earnings goes to my daily expenses.
Conevesses1976
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September 04, 2017, 08:44:47 AM
 #642

In my possess viewpoint, get or spend your money and hold the remaining volume simply because possibly you obtain or get rid of, at east the funds sum you place in was previously safe in your palms.
d1ceplayer
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September 04, 2017, 11:40:59 AM
 #643

If I have lots of bitcoins I think I will spend or cashout some of it. I rather have reward myself since I earned a lot.
That’s nice. Obviously you worked hard, deserve a grand celebration. Probably everyone will dos o. nobody is going to cash out all bitcoins. We all very well that bitcoins are evergreen investments and it is never bad to keep them in your pockets. They can anytime make you go on the top of the world.
Avametra
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September 04, 2017, 11:45:12 AM
 #644

The bitcoin must be stored. This is a great investment and if I had known about it before, I would have bought it at the very beginning at a very low price to become very rich, and now it will take a long time to wait.

Doamader
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September 04, 2017, 06:53:36 PM
 #645

This decision should be taken by each one, we cant say to all make the same since we have all different goals, or havent at all. I will dump my coins if i achieve the goal i had considered and nothing before 2020 halvings unless i need money for some emergency, otherwise my coins will stay with me till 2021, after those if my goal achieved i will exchange into fiat.
Gozie51
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September 04, 2017, 08:31:54 PM
 #646

Nice... Well, for bitcoin, the more you save or reinvest it, the better because it is speculated to rise more in the future. So, it will be a wise decision to either reinvest safely or hold tightly and not to be carefree to spend it lavishly now.
Zenithar
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September 04, 2017, 09:53:02 PM
Last edit: September 05, 2017, 05:32:07 AM by Zenithar
 #647

I have to save and multiply my bitcoins to get more profit in the future. Now I can spend my salary on the right things, and bitcoin will provide me in the future when I quit my job.
yes i am also going to save my bitcoin and not to sell it, because i am very sure that the price of bitcoin will increase and this time it is going to cross 600 without any stay. i think if a person can manage he should try to buy more bitcoins in present time because bitcoin is  trading in a low price and hopefully bitcoin price will very soon boost again.
Jake Virus
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September 04, 2017, 10:02:36 PM
 #648

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 will be having a chance to have such great count of bitcoin in my hand, I will surely save the biggest percentage of it because I can see that it can grow more since bitcoin's price rate is continuously rising which means that the initial value of the bitcoin I have can grow more enabling me to have larger count of money in my account. I will also spend the small percentage of it for my needs and wants and also spend it on investments which can give me more income because it is a valuable spending while earning.

ModGirl
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September 04, 2017, 10:41:23 PM
 #649

Save it. The price is going high everytime, it needs patience. You can spend it on an investment just if you are sure that it will earn profit.

Saving the Bitcoins for a longer term is no doubt a guarantee for this thing that you will become a millionaire one day. As we have seen how Bitcoin market price manage to go this much high in such a short span of time. You can for sure earn a lot from holding them. And this is what will benefit you the more.
Truly said. I think holding of Bitcoin is something which every single wise person living on this earth will certainly do without having a second thought even. We can hardly deny this thing that Bitcoin will surely have a wonderful future. I think the one who own Bitcoin will never let it go out of their hands.
TheGreatPython
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September 06, 2017, 05:24:55 AM
 #650

In my possess viewpoint, get or spend your money and hold the remaining volume simply because possibly you obtain or get rid of, at east the funds sum you place in was previously safe in your palms.
I am in the favor of saving bitcoins for future purpose because they are going to make many more records in the future, leaving all the investors with massive capital. There is no need to waste bitcoins on useless things. They are the global assets and meant to be treated with care and wisdom.

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Chienna
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September 06, 2017, 11:45:25 AM
 #651

For me, my answer in that questions is, I will spend as well I save it. You need to treat yourself because your hardwork has a payment. Spend it in nice and useful way. Also you should save it for the future. I suggest that you should reinvest it make it more bigger. Save it as long that you still take care of your healthy-yourself rather. Spend it and save your bitcoin. Be wise.
HARRYscotter
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September 06, 2017, 11:54:26 AM
 #652

save  it becaue after few years many people will ask about it

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Potchi
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September 06, 2017, 12:16:04 PM
 #653

It depends on what you want to do. If you want to make fast profit than it is better to sell them and buy some altcoins. If you want to take some long run, than just keep them and get some big profit after an year or two Smiley
It depends on a person's individual needs and wants. But ofcourse everyone has spending needs i guess. Where buying is considered. But i must say that a person need not to forget that always make the savings amount bigger than the amount of spendings. So that if you'll need money someday you'll have something to spend to it. So be careful of spending and be sure to save.

shezu007
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September 06, 2017, 02:12:44 PM
 #654

Ideally, most of it is a HOLD / HODL

But why not spend a little and and experience the Technology.

Be a part of the Revolution Smiley

First of all you need some English teachers that they teach you English proferly because look at your grammer sentence are not even expecting to explain other look at the statement about revolution it is quite going changing by years and months like yesterday we were different in technology now we are different so what can we say more?
iqlimasyadiqa
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September 06, 2017, 03:08:26 PM
 #655

I will divide it equally. i will sell it partly and also save it some again, this will help me when bitcoin price is uncertain. for example when the current bitcoin price has high rates, then I will sell it partly because I bought it at a low price and this is quite profitable. then some I save because I still hope there will be a bitcoin price increase again, this can give me a chance to get more profit.
a4ndr3w
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September 06, 2017, 03:15:28 PM
 #656

You have to divide the risk, spend and save.
fishbonez11
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September 06, 2017, 05:48:01 PM
 #657

My answer of whether to spend or save bitcoin would depend on my needs. If I have everything well covered for, then I would rather save it. But if I am in need, I would not hesitate to sell and spend the earnings. Afterall, it  is exactly the reason why I am saving in the first place - to have backup funds in times of need.
winterland
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September 06, 2017, 10:09:44 PM
Last edit: September 16, 2017, 03:09:05 AM by winterland
 #658

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!
The answer to the title of the thread is simple if you have a lot of bitcoin then save it, but if you do not, so that should not be your main worry, your worry should be, how do I get a lot of bitcoin before it skyrockets?
Gotumoot
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September 07, 2017, 03:09:40 AM
 #659

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 guess it is wiser to save/continue investing your bitcoin rather than spending it and regret the next day. We never know when bitcoin will raise it's value to a much higher price than it is now, just like what happened a month ago. It is worth a try, and at the end of the day you don't have regrets.
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September 07, 2017, 03:16:47 AM
 #660

Bitcoin users already know that bitcoin is a very useful crypto and they will definitely save it well, spending bitcoin only for something urgent is my choice, because how also bitcoin will have a very high value in the future.

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