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Author Topic: Do you spend less bitcoin/alts now?  (Read 640 times)
Eclipse26
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June 17, 2018, 10:56:58 PM
 #141

Yes i just spend less bitcoin at the moment, even initially i will not sell bitcoin and altcoin at all, but the high requirement that force me to sell it a bit even though i know that bitcoin price is currently decreasing, moreover yesterday i desperately need paper money for month Ramadan and Idul Fitri.
When it comes to important things, we always tend to sell it even in a cheaper price, it is okay but sad at the same because it was like a loss for us. But if there is no emergency that happens, it is better to keep and hold forit in your wallet and wait until it pump again. The price was so low now so if you spend it, its like you are wasting your money.

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June 17, 2018, 11:12:39 PM
 #142

Yeah when the price go down the best thing to do is to hold or buy more, cashing out or selling when the price down is going to cause low profit or losing money, and I usually only cashing out when I need the money, or the price being pump


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June 18, 2018, 12:58:42 AM
 #143

I feel the same, if i dont need money i do not sell any of my holdings, selling seems your lossing money when the market become healthy. Just keep your funds in wallet and wait a little bit longer. Jusy imagine how will be it back if you hold. Price will rise for sure but nothing specifuc time for that. Until i dont have emergency need money i will wait and buy buy more cryto coin. This is an opportunity not disaster. Dump day is also a good day just like pump day. Both you can do a great trades. When pump jusy sell when dump just buy

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June 18, 2018, 01:35:32 AM
 #144

Yeah, i agree with your opinion. Selling your asset in the red day time like this kinda same as losing some of your amount of asset in the beginning. If there are red day like this, i assume this as SALE day. Not to spend your alts or bitcoin but to gain some more of the coin for near future green day.
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June 18, 2018, 03:06:36 AM
 #145

I honestly do not have the funds to buy any of the coins but yes,I do agree that in the current condition of the market today, selling whichever seems like a loss and holding is much more favorable. I agree to your strategy to get profits from altcoins to invest on bitcoin as the latter is much more stable and has more potential. Someday I hope to the game but for now I will try to acquire more knowledge.
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June 18, 2018, 03:25:42 AM
 #146

I honestly do not have the funds to buy any of the coins but yes,I do agree that in the current condition of the market today, selling whichever seems like a loss and holding is much more favorable. I agree to your strategy to get profits from altcoins to invest on bitcoin as the latter is much more stable and has more potential. Someday I hope to the game but for now I will try to acquire more knowledge.
well, I'm thinking more about holding back the assets I have for now. if pressed, I will use it a little. I think almost everyone in this group is doing the same thing. we know, that this is not the time to spend a lot of our crypto assets.

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June 18, 2018, 03:33:33 AM
 #147

If you had your bitcoins at $800ish probably back in early 2017, then the price today is not a big deal. Holding bitcoins when you need to spend on something kills the real purpose of it.
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June 18, 2018, 03:37:31 AM
 #148

For now I am just a beginner in crypto so I decided to join in bounty in order to have altcoins for this is what I can according to my status. Then in the future I will avail bitcoin to fully understand the situation of bitcoin holders when the price goes down.
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June 18, 2018, 05:43:12 AM
 #149

This time as Bitcoin price goes down, it is great time to invest more because you are able to buy more due to its value now, and the best strategy after investing is the willingness to wait, wait and wait for tou to earn a lot later on especially when the coin recovers.

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June 18, 2018, 07:55:21 AM
 #150

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?


Yes I feel the same way, I really wanted to trade in my bitcoin but when I see that everything in the market is red...I decide not to, I better hold it and wait for the price to go up so that when I sell it, it would be big amount and so I can spend it with the things I want.
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June 18, 2018, 08:09:20 AM
 #151

This is definitely not the time to sell your coins. The market is falling and cashing out for the minimum value of coins that can bring 10 or 100-1000 times more is meaningless! Wait and have patience!
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June 18, 2018, 08:24:21 AM
 #152

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?


I agree that it feels like a loss when you spend coins at such low prices, but it's really not. There's no guarantee that the price will go up again, since only speculation can do that. What does that mean? Unpredictability... Meaning the coins you got could fall in price even more and you would then wish you had spent them right now.

It's for that reason, that I think it's better to spend your coins whenever you feel like you need some stuff. Unless you're really sure it'll go up again soon or if you really don't need the stuff you want to buy.
I'm not saying you should do this, but I do this and it works perfectly for me. I'm sometimes hesitant on which coins I should use to buy stuff, but usually it doesn't really matter all that much.

Just do what you believe in.

With the present market price value of almost all ALT coins are on the ups and down, i would hold until the market price value of my coin goes up a bit and then i can decide if spend them all or not. Market is Volatile, market price value can goes up and goes down at any given time then recovered,stabilized to a better market value. i would follow the simple principle in trading "Buy low and Sell high".

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June 18, 2018, 08:25:45 AM
 #153

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

From now I spend less than the other time cause  ICO's projects now are so untreatable they have many problems so I been so picky. Cause I know that token now are so unpredictable they always have whales that controlling their value everytime. The only way to succeed in this system is to read more about tokens
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June 18, 2018, 09:26:07 AM
 #154

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?


Yeah I feel the same also with your thoughts. I don't want to spend even little because I know bitcoin will rise up for sure. And want to wait that moment that I will sell it at the right time.
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June 18, 2018, 09:39:32 AM
 #155

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

I am in the same boat. I was actually hoping to cash out some crypto and enjoy the profits, but sadly, the huge bear market has stopped me from doing so. Cashing out crypto at this point in time seems really unwise since we are at all time lows. Imagine how you would feel if tomorrow crypto markets suddenly bounce back. Ouch.

I would rather be safe and bet on the long term value of crypto for now. The market outlook and everything else seems bullish in the long-term anyway.

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June 18, 2018, 10:14:58 AM
 #156

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

I am in the same boat. I was actually hoping to cash out some crypto and enjoy the profits, but sadly, the huge bear market has stopped me from doing so. Cashing out crypto at this point in time seems really unwise since we are at all time lows. Imagine how you would feel if tomorrow crypto markets suddenly bounce back. Ouch.

I would rather be safe and bet on the long term value of crypto for now. The market outlook and everything else seems bullish in the long-term anyway.
For now it is not really a nice option and a bad move to do if you are in a pinch right now. I was also thinking about cashing out a little money and enjoy some of my profits but i guess i still need to hold back a little while. I'll just have to wait  a little longer, besides there is no point to rush things.

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.....I AM BLACKJACK.FUN.....
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Coffee135
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June 18, 2018, 10:59:04 AM
 #157

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

From now I spend less than the other time cause  ICO's projects now are so untreatable they have many problems so I been so picky. Cause I know that token now are so unpredictable they always have whales that controlling their value everytime. The only way to succeed in this system is to read more about tokens
It seems to me that it is very difficult to guess which ICO will be promising in such a period. Even reliable projects are now under pressure and I am not sure that everyone will survive these difficult times. It seems to me that now the most reasonable strategy will be holding. I'm only spending Fiat now.
intoy_victor
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June 18, 2018, 12:17:56 PM
 #158

No I don't want to spend my alts but my bitcoin possible if bitcoin price will recover to $7k. But where not sure if there is an sudden will happen I will spend it at any cost.
ngano ba
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June 18, 2018, 12:21:45 PM
 #159

Yes ,probably I spend less with altcoins now, I want to make more altcoins in my wallet, so that I can concentrate growing and profitting my altcoins and monitor if it has improve its number.
neliawesome
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June 18, 2018, 12:35:12 PM
 #160

Yes as of now Im just holding my coins because its not the right time to sell.I rather wait than wasting it.
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