when should bitcoin hodlers start spending ?

[Theb]

It is still in the discretion of the holder. Even though Bitcoin is designed as a currency its volatility is very profitable where spending your Bitcoin will weaken your position. The user or the holder is the one who will decide when to spend, liquidate, or convert their Bitcoin as it always depends on their personal needs which varies from person to person.

[1715021005]

1715021005

[cryptodyn]

Spending your btc's if you can have a good deal compare to fiat price.
A few weeks ago I could buy a laptop in btc, in fiat price it would have cost me double.

[dreamer81]

When should Gold investors start using their gold???

Bitcoin is the same thing, it's not meant for spending on items. It's a store of value.

[shoreno]

They should. They should spend it eventually. They should use Bitcoin as a currency and not as a reserve form of a currency. If you want to continue the main function of Bitcoin as a currency then you should at least use it as a currency. Holding is not bad but Holding it for too long is not good in my opinion. They should at least spend a small part of it. Let's support the Bitcoin System by Spending Bitcoin as a currency.

some people prefer to use bitcoin as a trading or investing tool therefore they prefer  to hold it rather than spending it or use it as a regular currency just like fiats but  i think it still depends on the person if he/she wants to spend it or not. though in my case i mostly spend my earned bitcoins right after i recieved it because i need funds to pay my bills and other expenses.

[FrueGreads]

I think you should hold as much as possible and for as long as possible, but it's perfectly normal, and actually good for bitcoin as well to spend some of your coins from time to time, to boost it's utility. It's still uncertain what will be the major role for bitcoin in the future. It was design as a currency, but it's finding its way as an store of value asset, like gold. We normally don't spend does assets unless we really need to, but I do think that BTC will act as both, because it has potencial for that. So I hold the majority of my coins, but I do make a purchase now and then, and I think we should all do the same. Of course that every time I spend my coins I try to replace them again as soon as possible, so I don't lose their increase in value.

[777Bitcoin]

I will not be ashamed of holding it for too long. It is anyone’s choice for in the first place they deserved to do whatever they’ve wanted for it is much more worthy when bitcoin price is increasing. Those who spent they’re bitcoin for unreasonable things are mostly a rich kid that don’t have the need for more profits in the future. But some ordinary like me needs it to grow.

[Laughtrixx]

I think that if holders think they made enough money or think they can't make more they should try to trade or spend bitcoin because bitcoin is not made to hold it is made to spend.

[pecson134]

HODL/Investment = Profit
at some point spending will begin...

It is upon the discretion of the holder if they still want to hold or to sell their bitcoin at this point in time. One factor that may affect them probably is the urgent need of money. Urgent means that they need as soon as possible and if they don't have the cash on hand then they had no choice and would go with exchanging bitcoins to cash. Other possibly hold them for better chance of a higher profit.

[spadormie]

Well this is the rule of mine, if you needed the money, withdraw. But if you do not need it still, don't withdraw, just HODL. That is my rule, and I am telling you, hodling is a great act

[loragean03]

I think they start to spend their bitcoin after they reach the goals they settle. most of us are want to have a big profits in the future, so we wanted to hold our coins for more years, for example me I want to hold my bitcoin for more than 3-5 years from now, after that said date I will spend all my bitcoin whatever happens on that date, because you set a date when you want to earn profits, but if its not earn more, considered it as a bonus to spend for that time.

[djgtr]

HODL/Investment = Profit
at some point spending will begin...

It is upon the discretion of the holder if they still want to hold or to sell their bitcoin at this point in time. One factor that may affect them probably is the urgent need of money. Urgent means that they need as soon as possible and if they don't have the cash on hand then they had no choice and would go with exchanging bitcoins to cash. Other possibly hold them for better chance of a higher profit.

well i believe it is  good to spent bitcoin when it is   needed or maybe  theres  an emergency to be paid. Because spending btc is really such a kind of wasting if you only spend it through things that is not  nessesarily needed in our daily life of living.well that was really my  openion the holder will be  the one  to decide on when is the right time to spend thier bitcoin but i suggest that spent it trough important things.

[TrumpD]

HODL/Investment = Profit
at some point spending will begin...

The truth is that you cannot hold forever, I mean what is the point to doing that. To each his own, I feel  there is no particular time to sell. Sell/spend when you need to, and also sell when you are in profit to offset some of your cost. Selling gradually with every major price increase is the best way, this way, when the price crashes - it will at some point  - it wouldn't hurt as much.

[hasmukh_rawal]

Spending it as a payment will take some time since the majority of the public are not aware of Bitcoin's existence yet. When large industries will implement BTC as a source of payment then people will be able to spend it. The price of Bitcoin has to be stable in order to accomplish this. People are now holding it as an asset and not using it as a currency. This is what making Bitcoin's price going up and up.

[BlackPanda]

Spending it as a payment will take some time since the majority of the public are not aware of Bitcoin's existence yet. When large industries will implement BTC as a source of payment then people will be able to spend it. The price of Bitcoin has to be stable in order to accomplish this. People are now holding it as an asset and not using it as a currency. This is what making Bitcoin's price going up and up.

Most people think of Bitcoin as an asset and also an investment, it is true because the number of places that receive Bitcoin is not too much then it causes the intensity of Bitcoin to be used as a fairly small currency. Bitcoin owners today are traders who have a goal to be able to earn profits. So we must think that someday we must use Bitcoin as currency because by using Bitcoin as a currency then we can develop Bitcoin much better and beneficial for the financial system in the world.

[Wexnident]

HODL/Investment = Profit
at some point spending will begin...

It will depend on the holders whether they will sell it already or not. And maybe situations and their satisfaction will be a factor for them to know when is the right time to sell. If they are in need of money they would probably sell it and same thing will happen if they are already satisfied with the current market value.

[Kronos21]

Spending it as a payment will take some time since the majority of the public are not aware of Bitcoin's existence yet. When large industries will implement BTC as a source of payment then people will be able to spend it. The price of Bitcoin has to be stable in order to accomplish this. People are now holding it as an asset and not using it as a currency. This is what making Bitcoin's price going up and up.

The company will begin to pay people a salary in bitcoins. In order to maintain the required amount of coins you need to sell your products for bitcoins, or mine them. It seems to me that this will create additional difficulties. So the company will be always to be paid in Fiat.

[zenrol28]

HODL/Investment = Profit
at some point spending will begin...

Anytime they like i think. Depends on how long you can resist the temptation or how hard is your faith in bitcoin. As long as you won't regret spending its ok.

[ryryande]

in my opinion i think spending bitcoin every time is not a problem because someone right now is using bitcoin as a currency or using bitcoin to live for everyday life
because i know someone who doesn't hold bitcoin too much longer but spending it every time he receive his salary from bitcoin, every participants have their own
reason even me, no one can tell when will  we spend our bitcoins.

[MoonJeina]

HODL/Investment = Profit
at some point spending will begin...

I think they should start spending at any suitable time . I mean this is the best time for me to do the spending . Bitcoin is at such a good place right now , anything i will spend from bitcoin will be a good investment . In future , there is no guarantee when the price will fall . It is quite wise to hold bitcoin but i don't think you should hold it for a very long time . Its getting collected in order to get spent eventually .
Bitcoin is eve changing . One cannot wait for years to get its highest value for spending.

[salihno71]

There are three (that i can think of) milestones/events which could trigger hodler to spend his bitcoins:
1. One needs fiat to purchase something.
2. BTC reaches desired value.
3. Waiting period (as determined at some time in past) is over.