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

[putrii]

I will save my bitcoin until bitcoin reaches the highest price point and that I think takes time till decades. but I believe bitcoin will be the most expensive coin in the world.

[kimochidesh]

Saving or Spending??? I am sure many of us are facing the same scenario. we can see our money growing continuously that always resist us from spending it. But on the other hand, we also have fear of its crash because of unclear govt. stand on it. I believe we should keep invested in it and only spend on our needs. And soon we will be enjoying a luxury life.
Another way is if you spend BTC then start earning in BTC.

[BCTBF]

I will save my bitcoin until bitcoin reaches the highest price point and that I think takes time till decades. but I believe bitcoin will be the most expensive coin in the world.

I guess you do not have to wait tens of years, with you waiting for a year I think it's good enough to get a very good profit from the bitcoin you saved for a year. I personally only spend bitcoin if I need it, but if I do not need to use bitcoin to spend something, then I just keep the bitcoin indefinitely.

[marseille]

I will save my bitcoin until bitcoin reaches the highest price point and that I think takes time till decades. but I believe bitcoin will be the most expensive coin in the world.

What is the definition of highest price for you? As you never know what is the highest price of bitcoins and it will vary from person to person as there are many people who were planning to sell their coins at $5k and now we are above that level and I am sure people still are not willing to sell or spend their bitcoins at a moment as they are aware that price can go much higher in coming days so instead of spending people will prefer to save their bitcoins for some more time.

[wahb]

I will save my bitcoin until bitcoin reaches the highest price point and that I think takes time till decades. but I believe bitcoin will be the most expensive coin in the world.

I guess you do not have to wait tens of years, with you waiting for a year I think it's good enough to get a very good profit from the bitcoin you saved for a year. I personally only spend bitcoin if I need it, but if I do not need to use bitcoin to spend something, then I just keep the bitcoin indefinitely.

I think everyone has their own choice, although holding bitcoin for a long term is a good decision, but I think holding it for 10 years is really a  big time. I think if you can manage to hold your bitcoin for 3 to 4 months then it will be I  think a decent time to hold your bitcoin and you can surely get a good profit from it.

[pungopete468]

I will save my bitcoin until bitcoin reaches the highest price point and that I think takes time till decades. but I believe bitcoin will be the most expensive coin in the world.

I guess you do not have to wait tens of years, with you waiting for a year I think it's good enough to get a very good profit from the bitcoin you saved for a year. I personally only spend bitcoin if I need it, but if I do not need to use bitcoin to spend something, then I just keep the bitcoin indefinitely.

I think everyone has their own choice, although holding bitcoin for a long term is a good decision, but I think holding it for 10 years is really a  big time. I think if you can manage to hold your bitcoin for 3 to 4 months then it will be I  think a decent time to hold your bitcoin and you can surely get a good profit from it.

Yeah holding bitcoins too long can be really risky as you don't know what will be the price in long term and if price falls then you will be making huge loss on your investments so the best choice would be to sell them off when its giving you enough profits and buy it back when price drops in future.

[Firefox07]

If i have alot of bitcoin i will invest the 50% part of it,  i will save 30% for the for the future of my child and the 20% is for our daily needs.

[winterland]

Today I am very happy because the price in 2 days is skyrocketing, now the price is over $ 4200 and I'm sure the price $ 5000 is immediately reached (maybe in the early october), with that prediction I'll keep my bitcoin so I'll get more profit.

You got your prediction right, bitcoin has more than surpassed the price of 5000 dollars in the first part of October and seems headed for an even higher price, whatever you are doing to predict the price keep doing it because you are doing a very good job, keep it up.

[susuberuang]

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 advise you to save it, because the bitcoin is limited in stock and demand or enthusiasts in the market are very much looking for bitcoin at cheap prices.

[putrii]

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!

save your bitcoin and wait for the next few decades bitcoin will reach the price of $ 10,000 / 1 bitcoin, I trust it because of the market demand a lot but the total supply is limited.

[webdevmastery]

Yes for me if i have a lot of bitcoin,i should not spend it instead i have to save it for my future plans..investments..especially now a days it,s hard to look for a job everything is too much expensive

[Himanshu111]

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 that you should save as many Bitcoins as you can as Bitcoin is growing at a tremendous rate which makes it one of the fastest growing cryptocurrency. It is gaining more and more popularity everyday which is making in more acceptable throughout the world. In coming years, I think it will be used on a regular basis and its price will reach 10000$ by end of 2019 for sure.

[Kim Ji Won]

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 really depends on the person, if you at some point are in desperate need of money, then you can go spend your bitcoin but if not, because you don't know where to use it, just save it for the time being and wait for the right time where you could see a good opportunity to spend it with. Even better if you can invest it so that it will continuously grow.

[rocketbits]

I can not wait to buy a new car, I hope this week the price will reach $ 5000 and I will sell some BTC, if the price has not reached $ 5000 then I will sell but not much.

I will suggest you to wait for some more time, this will help in buying some better car than you can manage to buy after a week. As far as spending or saving is concerned, I think it all depends on how many bitcoins you own.

If you have small number of bitcoins, then it is better to save them or you can even trade. On the other hand, if you have a lot if bitcoins then better is to save major portion of bitcoins and spend very few as per your need.

[fabrizoc]

i will spend for my need, and some saving for my future.
dont forget to joy the world with your money

Yea I'm not forgetting that fact that we need to spend our bitcoins for enjoyment it. And there's nothing to do but to buy those things that you really want that you can't buy before. And also it's a good time for me to have some relaxing moment with my loved ones and have some vacation. After that the rest will be put in saving and in my cold storage for long term holding again.

I think bitcoin investment is not only for enjoyments but many things more. If have dreams and desires in the future then holding bitcoin is much better. Selling and leaping bitcoin is due to the needs of a person. I personally feel that if you want extra money and want to do something great in the future then you must have to wait for the price to grow more and then it will be better to sell your bitcoin.

[GoodLuck2]

In my opinion, I would suggest saving bitcoin for long term investment is a good option, as the halving process continues, the bitcoin that miners can mine in every block will be lesser and lesser, this will create a less supply of bitcoin to the market, but if bitcoin demands remains high, we would see a huge price rise on it.

If there is a particular need of money and a person does not have any option other than bitcoin, he should definitely go for it. After all, it will be the right thing to do at that time. Spending bitcoin for fun and in useless activity is very unwise. It is like throwing away money in the river. The longer someone holds bitcoin, the more become his chances of getting rich.

[pealr12]

Probably  i will save my bitcoins for future purposes like what those millionaires did.  Cause they believe that bitcoin will.be the next big thing in the future ans no one can stop the development of bitcoin as years will passed.

[bhabygrim]

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!

Like money, I think it is best to save your bitcoin rather than to spend it immediately. Also, bitcoins value increases at times so there's no guarantee that the exchange rate offered to you is the highest. So, if you don't have anything to spend it with, just save it.

[Nybhelle]

Better to save it.We need to be practical,if there's no something important to buy,just keep it.Saving is like,investing and time deposit.When you deposit a money and keep it on a bank for how many years,it will have a big return.The longer the time the higher the amount.And in bitcoin,as far as i know,after several years,bitcoin rise its value.And maybe someday,the bitcoin you save may double the price.

[zeaderza]

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 you dont need it now try to save it first wait until you need it. Maybe the price will go up until you want to withdraw it. But it also good to spend it early as you can, buy whatever you need in house and to yourself.

A lot of bitcoin means a lot of earnings in the future. It doesn’t mean that if someone has a lot of bitcoin he should sell or spend some of them if he does need to do that. I think spending and selling should make only in time of need and without need spending and selling will be a foolish thing. I will never do the same. All my bitcoin is for my extreme needs and for future big dreams for my family.