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Tukang Becak
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September 16, 2017, 05:07:10 AM |
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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.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Webetcoins
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September 16, 2017, 06:30:13 AM |
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That matter's on how much bitcoin you have. If you think you have made enough bitcoin to spend it, you totally should. Otherwise i think it's smart to save it and wait for the bitcoin to rise even further beyond.
I think both are good a small of the both, It is great to save your bitcoin because the value has increased a lot and still has the potential to grow more and more. So I am saving some bitcoin and spending some because it is not good to spend all or keep all save so invest some and start some business so that in the future it will be a side income for you and you will be able to make more and more money. |
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Bitcoinislife09
Full Member
 Offline
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
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September 16, 2017, 06:34:29 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 think you should do both. Take a part of your bitcoins then use it for the things you need to buy and fulfill your bucketlist one at a time. A part of your bitcoins you should save it for emergency purposes, because you will never know when will you need a large amount for money for important things. |
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deppil
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September 16, 2017, 07:09:07 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!
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 |
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mel1978
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September 16, 2017, 07:13:23 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!
If I have a lot of bitcoins I will save it and let it hold in my wallet. As soon as possible if I have money I will buy more bitcoins and then let it be in my wallet for a long time. Or I have to trade and work in campaign signature. |
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chaturbateaccount
Newbie
Offline
Activity: 43
Merit: 0
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September 16, 2017, 07:32:42 AM |
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will spend it all and get new home with extra money on bank
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prtty2gal2
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September 16, 2017, 07:38:30 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 would rather do both because as we know we all can earn and at the same time spend the income we are earning because this is the fruit of our hardwork in the job we are doing. I would put up the 70 percent of my total money in savings and use the 30 percent in things I need and things I want because that is how life goes on. I do agree with you that we need to spend at least some portion of what we earn to enjoy our life and to fulfill the basic needs of our lives. I guess 30 percent is very little until and unless your salary is in 6 digits, otherwise 30 percent hardly makes the payment of bills etc. I guess you should save 30% and spend 70%. |
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pureclckr
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September 18, 2017, 10:41:37 AM |
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What would I do if I had a lot of bitcoin?, I don't have much but how much ever I have I would just save it for future because I have heard that prices are going sky rocket in the future which would give me a profit but on the other if prices go down I'll be in loss but I still save and take the risk.
I must say that you are really a very smart person. You are very much right that there is no point of spending your Bitcoins and that too when we can smell that holding of Bitcoin can help us earning a lot of money and can make us millionaire as well. I think spending will never be a suitable idea under any circumstances. |
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shesheboy
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September 18, 2017, 11:07:27 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!
bitcoin should be spend because bitcoin is a cureny and it should be use as spending because its money not a decoration in your wallet. youll soon regret it if the bitcoins value drop and wont rise again. but it always depend on the person if he is poor then he would use his bitcoins but if has an extra money or a job then its ok to hold it for a while. |
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zurc
Full Member
Offline
Activity: 275
Merit: 100
SOKOS.io
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September 18, 2017, 12:39:09 PM
Last edit: September 18, 2017, 02:21:33 PM by zurc |
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That is a lot of money if you exchange it to cash, If I would have that value I will spend some of it and I will start a business then the other goes to investing.
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ArIMy11
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September 18, 2017, 12:40:56 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!
Okay, let us assume I do have a lot of bitcoin in my wallet, I say I will not spend it all. I may cash out some of it to buy my needs or something I really really want but I will make sure there will be money left that will serve as my savings. Savings is very important to me, and I feel incomplete when I don’t save money in a single day. I believe that I must always have an extra money so that in times of emergency I will be less worry to where I will get money. |
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xSkylarx
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September 18, 2017, 12:52:11 PM |
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I will spend it on building a house and building my own business so i can have a nice home or house and i will also have a good business that will give profit to me everyday and that will help me aside from bitcoin to earn money easily without working like an employee.
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kpcian
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September 18, 2017, 12:55:27 PM |
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if this so then I would prefer to save for the future purpose, I believe that bitcoin will gain more price value than today. so in terms of profit, I always prefer to save Bitcoin for the future perspective. Bitcoin is a very important tool for me so that I never spend Bitcoin for my daily essentials. I think everybody should follow this way for the sake of profit.
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poldanmig
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September 18, 2017, 01:29:13 PM |
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I will exchange half to fiat then the money i use to open real business. Other half, i use for trading or buy ICO altcoin. Because, however, it isn't good to keep all eggs in one basket.
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Rana590
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September 18, 2017, 01:31:06 PM |
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I will not any dilemma to spend some of my Bitcoin if i have a lot of bitcoin. Rest of my Bitcoin i will hold for future on financial purpose. Money is not for holding for whole life. It is for the time of needed. So in my needed time i will spend some of my Bitcoin without any hesitation.
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deejhay
Member
Offline
Activity: 119
Merit: 100
for future
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September 18, 2017, 01:35:14 PM |
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Wether you decide to spend it or not, you know that you would still end up spending some of it. When the price rise and you gain another profit, you would spend and that cycle would go on, thats why we save in the first place, so that we have some to spend in the future assuming that bitcoin overcome every problem it encounters and assuming that it will still be the top 1 crypto.
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rosygreat
Newbie
Offline
Activity: 42
Merit: 0
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September 18, 2017, 01:38:58 PM |
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To me the question is meaningless.
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CryptoLoverz
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September 18, 2017, 01:58:04 PM |
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absolute save it.
but i spend little bit for my need and for my fun. its not true if money can make someone happy
big save is greatfull for my future, i will not worry about it, about my need in future.
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dynospytan
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September 18, 2017, 02:02:15 PM |
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If I have a lot of bitcoin ofcourse I will spend it but if the price is good. Even you have a lot of bitcoin but if the price is low I think its nor worthy to spend it. So for me if the price is good then i'll go spending but I will save still bitcoin and invest it again so I can earn again.
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Monta3002
Sr. Member
Offline
Activity: 344
Merit: 257
EndChain - Complete Logistical Solution
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September 18, 2017, 02:26:40 PM |
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If I have that amount of bitcoin I will spend a quarter of it for my own house and another quarter for business and the other half is for investing.
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