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Author Topic: If you have a lot of bitcoin, should you spend it or save it?  (Read 33320 times)
n0ne
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October 13, 2017, 01:22:08 PM
 #1301

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.
Bitcoin is uncertain as well is our life, so if one has a good number of bitcoin its good to spend on necessity and keep the rest as holding for a bigger and better profiting in the later days trusting in its growth. Such an attitude will help in the circulation of the bitcoin which also is a must for growth. When it comes to an user with small amounts, it's good to keep hold expecting a price increase to benefit and make his lifestyle better than before.

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October 13, 2017, 01:32:19 PM
 #1302

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 bitcoin,i will save it due to contionously increase of value in market because it is in the peak of high demand the higher its demand.And the income will have higher earnings too.

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October 13, 2017, 01:43:05 PM
 #1303

If I have a lot of bitcoin I should save it half of my bitcoin and other half spend it for my needs like buying new cellphone, new computer or buying some of my favorite foods so I can enjoy myself. Smiley

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October 13, 2017, 01:44:04 PM
 #1304

if I have 5000 btc then I will sell about 1000 btc, and I earn about $ 5,700,000 and with the money make me a new rich person, because in my country very big value.


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October 13, 2017, 02:14:15 PM
 #1305

If I were  you,  I would  save it.  I don't wanna  regret if I have to sell such amount right away. I'll  sell it when the price shows a high increasing
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October 13, 2017, 02:20:28 PM
 #1306

Hodl your btc of course, save it you can clearly see how btc performance is btc is really good for long term investment just always be careful though cause no one knows what will happen next in the market...

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October 13, 2017, 02:45:32 PM
 #1307

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 don't like to spend my bitcoin because I really think that it's best to hold bitcoin because it  has a lot of potential. However, there are times that I need money, so I have no choice but to convert. Bitcoin is a good investment and I think you can earn a lot if you can save a lot of bitcoin.
There is nothing wrong if you are spending your bitcoin to the things that are necessary and not to the things that you just like the wants and other things that may damage your plan of saving bitcoin and also keeping your bitcoins for long term. Saving and spending are very different thing and for sure they have their own right time when you are going to do them.
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October 13, 2017, 05:13:33 PM
 #1308

Bitcoin will be super powerfull! Like 100 000$ in 5-10 years!
So it is clear that we all need to keep it!
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October 14, 2017, 12:52:23 AM
 #1309

If i have a lot of bitcoin, i don't wanna waste the opportunity, I save half of them and I invest the another half. In that case I'm pretty sure that my money will grow.
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October 14, 2017, 01:26:32 AM
 #1310

I would be hypocrite if I will say that I will just save it.No one will believe it.So If I have bitcoins I will be spending it for my family and also myself.I will be buying a house for my family.

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October 14, 2017, 02:20:29 AM
 #1311

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.

yeah me too.. bitcoin overtime keep gaining more value.. i want to save plenty bitcoin but still i want to spend some of it to treat myself, my family and friends. you can still get a huge profit while saving a lot of bitcoin and spend some for enjoyment Smiley

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October 14, 2017, 03:58:41 AM
 #1312

I will keep because many people say that this year's bitcoin price will reach $ 10,000 and in 2018 $ 25,000. I will be patient waiting for the best price, I'm not interested in selling bitcoin though if I sell then I get a big profit.


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October 14, 2017, 04:03:27 AM
 #1313

I will keep because many people say that this year's bitcoin price will reach $ 10,000 and in 2018 $ 25,000. I will be patient waiting for the best price, I'm not interested in selling bitcoin though if I sell then I get a big profit.
It is actually not good to believe in other people's expectation even if they are many. You still need to do your own research as confirming it on your own is more reliable than having members posting in the forum saying that. And mostly all of them post their assumptions without even backing it up with a technical analysis which is really hard to believe as they are basing it mostly with their guts.

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October 14, 2017, 04:28:34 AM
 #1314

I will save it because bitcoin is not a money that we need to spend regularly because it is like a precious metal like gold that needs to be keep in a safe place and to be hold for long years so we can easily tell that we will not have a regret moments when the price of bitcoin skyrocketed.



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October 14, 2017, 04:42:14 AM
 #1315

i consider greater preserve it since bitcoin prices will carry on to improve as a lot more folks know about bitcoin and will try to use or invest in bitcoin at this time.
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October 14, 2017, 05:35:29 AM
 #1316

It's better to save it some might not be able to control it but it's better if you hold it and sell it when you really think it's important or else if you are greedy about the current price just sell some just to satisfy yourself and the remaining no matter what happens try to save it
If you have a lot of bitcoins then the right idea will be to keep saving bitcoins because the prices of bitcoins are going high and high rapidly so any one who wants to be millionaire they should keep saving Bitcoin.
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