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

[jamesdean35]

this thread is so basic.and your question is obvious.if you have to spend spend it:D but if you have money and you dont want to buy new BMW so keep it

[1714717090]

1714717090

[Junko]

I do both. I spend a very small portion on random stuffs - gambling mostly and occasionally buying stuff. But for the most part, I save/hold most of my bitcoins. Why buy a slice of plain cheese pizza today when in some years later, you can buy a pizzeria business with the same amount of bitcoins?

[kelseydustin]

I do both. I spend a very small portion on random stuffs - gambling mostly and occasionally buying stuff. But for the most part, I save/hold most of my bitcoins. Why buy a slice of plain cheese pizza today when in some years later, you can buy a pizzeria business with the same amount of bitcoins?

haha that is true bro. Bitcoin will multiply its price over months and years and you can buy a hold puzzeria company with the same amount of bitcoin that you use to buy a slice of pizza right now. Therefore, holding bitcoin is the greatest and best idea. do not use your bitcoin unless you really need to do that. If you use bitcoin to earn more bitcoin, it will be great but dont spend bitcoin for other purposes unless you really need money

[stepwilli]

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 the best way to do is save it or hold becuase i know that the value of bitcoin become increase in the future because i want to become rich like others so ican say in the next year the value of bitcoin is $5000.

Yes this is what everyone is thinking. I think same as others in this regard. Reason is saving bitcoins will benefit you such that you couldn’t imagine off.

I am literally praising those amazing people who had bought bitcoins when it was only $0.04 and they had bought these in plenty. So now they are still holding it and will sell it in near future and billionaires they would be.

[Biggapp]

I will surely save them all.
The price of bitcoin is going up so I know that its worth it to save

That's a good idea sir, we're the same. I will surely save them all also. If I were given a chance to have a lot of bitcoin, I will save them because as we can see the value of bitcoin is getting higher and so I believe that sooner or later, the bitcoin's price will reach its peak. Long term investment is more worth it.

For sure it is good to save something for the rainy days because no one knows what can be happen with us so it is good to be well prepared for it. The price of the bitcoin is increasing and it is the chance infects the golden chance to buy bitcoin and to hold for the long time so that you will be able to earn good profit in the future, so holding is the best option than spending.

[Jesabela04]

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 would have a lot of bitcoin today, I will withdraw half of it right away and i will invest the other half. I will spend it with my love ones. I will buy all the things needed at home. I will pay all our bills. i will treat my friend and family. I will also go on a date with my daughter and my partner. I have a lot of plans for it. I won't worry for the future because I already invested.

[Rinder]

All my plans are set after bitcoin halving or if bitcoin does reach a determined value, wich will allow me to made a decent profit. If i had many bitcoins i would keep them unless i need the money to pay something, because at this stage makes no sense to sell knowing it can double on the next 3 years.

[CryptoLex]

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!

not sure what u mean with this question..

[24core]

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's price really are getting high so rapid and really a good thing for investors. For me it is better to save your bitcoin if you have some because it really gives big profit in the long run even though sometimes its value is getting low but it always end up with bigger value as compared to how it decreases. So my advice is that buy bitcoin when its price is low and save it till it grows up again. Bitcoin's value always surpasses its limits and become more higher and higher in value.

I agree, I feel that the Bitcoin value will keep rising and in several years we can easily hit $8000! Many people have lost trust in the country's economic system such as Venezuela.

[apolonio]

I will save for it first.Then,if ever there will be an emergency or something comes up and i will be forced in using it,then,I will spend it.

[micashane]

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 also have a bitcoin in my wallet. Yes I can spend tge few of it but I also save a lot because it can help me for future purposes. Maybe we have a lot of money now but no one knows if we have a emergency thought. Them we can use this as a big help for us financially.

[BeGoods]

I will surely save them all.
The price of bitcoin is going up so I know that its worth it to save

That's a good idea sir, we're the same. I will surely save them all also. If I were given a chance to have a lot of bitcoin, I will save them because as we can see the value of bitcoin is getting higher and so I believe that sooner or later, the bitcoin's price will reach its peak. Long term investment is more worth it.

For sure it is good to save something for the rainy days because no one knows what can be happen with us so it is good to be well prepared for it. The price of the bitcoin is increasing and it is the chance infects the golden chance to buy bitcoin and to hold for the long time so that you will be able to earn good profit in the future, so holding is the best option than spending.

I think the exact time to buy bitcoin certainly when the price decreases. but under certain circumstances you can make a profit in the near future when bitcoin prices in the market are on an ascending trend. and currently the market price of bitcoin is experiencing it. bitcoin prices go up gradually as many users buy bitcoins and this could be a good opportunity for you to make a profit in short time because I'm sure bitcoin prices will continue to rise. keep save your bitcoin and if you can buy more. better do it now!

[IcoFilter]

Depends on your situation, there are a lot of variables to consider when it comes to this thing. What may be the correct approach for person A might be the wrong one for person B.

[THAHIRHAJI]

If I have Bitcoin for sure I will spend and save.

Why we are earning?

To fullfil our needs for that we need money which we have to spend yes we should not spend all the Money what we earned we need save.

[serjent05]

I would like to enjoy my life so if i have alot of Bitcoin, I will definitely spend it .  I bet I won't be able to spend them all because they are too many, and I just need a couple of bitcoin to enjoy life.  And besides what is the use of having lots of Bitcoin if we cannot enjoy them ourselves.   There is a time for saving and time for spending.  And I guess this time is time for spending if I really have lots of Bitcoin in stash.

[Streamlink]

If you have 2 bitcoins, bitcoin is your source of income and your life really depends on it, of course you would spend it. Why wouldn't you spend it right? It always depends on your necessities. Or somehow if your bitcoin is only an investment and you have other income from your job so be it, let it be an investment as you save your salary from your job.

For the one whose only source of income is Bitcoin, then he needs to spend them in order to fulfil his daily based needs. I think saving is much more profitable than spending. There is nothing in this world which is so much worthy that you spend your Bitcoin to have it in your life. You need to think very carefully.

[btcjocan]

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.

That's true! If I have a lot of bitcoin, I'll also do the same thing because what's the use of my bitcoin if I will not spend some of it, right? But if I will spend some of my bitcoin, of course I also need to do some investments so I can still earn additional income while spending some of it.

We need to think what are the things we should spend with our bitcoin.

[el kaka22]

If you have 2 bitcoins, bitcoin is your source of income and your life really depends on it, of course you would spend it. Why wouldn't you spend it right? It always depends on your necessities. Or somehow if your bitcoin is only an investment and you have other income from your job so be it, let it be an investment as you save your salary from your job.

For the one whose only source of income is Bitcoin, then he needs to spend them in order to fulfil his daily based needs. I think saving is much more profitable than spending. There is nothing in this world which is so much worthy that you spend your Bitcoin to have it in your life. You need to think very carefully.

I think everything works for each person separately in the way they want to see it. Bitcoin's value isn't done yet as it will definitely keep increasing and if anyone really want to make something good for themselves, I feel it is best if they can keep increasing what they have presently no matter how huge.

There are so many ways you can keep multiplying what you have, laying aside some for upkeep to the level of the taste you want while storing up more for the optimum value of bitcoin.

[ShadowBits]

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 as much as i want to save it but i have to spend some if i have to
well thats the main reason why we want to earn so we could have the money to spend to whatever we need

[Michhotdog]

I believe that bitcoin should be kept for the future for their children. Even if I have a lot of coins, I will not spend them on all sorts of nonsense, I want to ensure the future for children.