Don Pedro Dinero (OP)
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The first decentralized crypto betting platform
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June 13, 2018, 04:28:04 PM |
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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?
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bitcad4u
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June 13, 2018, 04:40:50 PM |
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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?
You are right.If anyone sell the bitcoin at this point,they will have loss in their hand.If you want money for emergency conditions,sell the bitcoin.Orelse you have to hold it.Even the price of altcoin is low,if you proceed to sell altcion.It will be the loss for you. |
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hatshepsut93
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June 13, 2018, 04:53:08 PM |
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Yes, I've made some spending when the price was close to ATH because I though "well, now is the good time to do it, I'll still have a plenty of coins left", but nowadays I'm severely limiting all my spending, because if I'll spend coins now, in a few years I will be thinking how the things that I had bought effectively costed me 5-10 times more now.. I already experience this with purchases that I've made when Bitcoin was at $600, which is 10 times less than it is now. It's not too far fetched to think that in the next decade it will be 10 times higher than it is now.
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Direwolve735
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June 13, 2018, 05:35:50 PM |
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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 feel exactly the same way. I wait, when the market will again restore and consolidate its positions. I haven`t spent my bitcoin savings since the coin was trading at $10,000, so now I don`t want to change it to fiat money, because I think it's a huge loss. I want to wait until bitcoin grows back to at least $10,000. Only after that I can spend some part. |
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The Sceptical Chymist
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Cashback 15%
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June 13, 2018, 05:39:59 PM |
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I still spend 'em, though I know it'd be better if I could just hold onto them. Right now in life I'm not in a position financially not to spend or sell bitcoin--unfortunate, but true.
If you can afford to hold onto your bitcoin, I think that would be the wisest thing to do because I think eventually it'll rebound and creep back to its ATH and beyond. That may take some time, but I believe it'll happen. And I would not spend bitcoin just to spend it--I've never been a big proponent of it being a currency. It's a much better speculative tool, and why spend something that could shoot to the moon when you can spend fiat money that will NEVER shoot to the moon? My take is that you should always spend fiat before bitcoin.
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Nmizu
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Activity: 124
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June 13, 2018, 05:45:02 PM |
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as I am, I prefer to hold my coins and wait for btc coins to be expensive again, but when I need funds in an emergency I am forced to sell...  |
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bocyaj
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June 13, 2018, 06:20:57 PM |
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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.The price of bitcoin reduced to low value now .In case ,you will sell small amount of bitcoin.It will make you loss.The percentage of loss will vary based on the amount of selling Bitcoin.If you need need money,you can sell small amount of cryptocurrency. |
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playboy654
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June 13, 2018, 06:36:36 PM |
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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?
All of the currencies had not India great value so we can spend anything do you like but in future the value will increase again its use some parts you are laughing your profits otherwise you can do anything with your investment into the situation. |
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brickafterbrickwalldpt
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June 13, 2018, 06:38:38 PM |
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There are two groups of people. Those who spent their BTC no matter the price and those who try to avoid using their bitcoins which isn't good. If the vast majority of Bitcoin users decided not to spend their BTC then hardly anyone would be interested in accepting Bitcoin as a payment. There would be people who would like to sell bitcoins (miners, investors) but it doesn't matterif there is no liquidity. Gold and silver is very popular in any country and can be easily exchanged to fiat in certain points.
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Daniel91
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June 13, 2018, 06:39:49 PM |
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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 feel the same. In fact, most of my crypto I earned in a free way, for paid work, so I don't care much about current price. I can wait how long is necessary and sell for a good price  If I sell for to low price, I will feel that I lost money. |
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babygun
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June 13, 2018, 06:44:25 PM |
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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 feel the same. In fact, most of my crypto I earned in a free way, for paid work, so I don't care much about current price. I can wait how long is necessary and sell for a good price If I sell for to low price, I will feel that I lost money. Likewise over here. I am holding everything and will only sell when all prices start to recover . Hopefully markets start to recover soon as we have enough corrections for this year already. |
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bitgov
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June 13, 2018, 06:59:50 PM |
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Nowadays for me is just a time to invest cause if market will recover like always we will be able to just earn 2/3/4x more times or even more, just believe in market recover and your invested money will be doubled or more.
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ralle14
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Metawin.com
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June 13, 2018, 07:03:48 PM |
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Not really, I still spend my Bitcoin the same way I did since the last few months. I always try my best to save some Bitcoins. I know that some will say that I shouldn't sell when the prices are heading the opposite direction but that's just how it goes for me if the price is in a bad shape I have to deal with it. Good thing for me I manage to sell enough when the price was still above $7,000 few days ago.
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LeGaulois
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Top Crypto Casino
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June 13, 2018, 07:08:04 PM |
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I use and spend bitcoins because I need to use it for different purposes no matter what is the current price. After all, Bitcoin is a currency and is supposed to be used as it is. At the same time, I have like a "savings account" used to save some coins like we do with fiat and our saving bank account, in case there is a hard time or in case Bitcoin decides suddenly to reach the $20,000 again lol
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vintages
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June 13, 2018, 07:21:03 PM
Last edit: June 18, 2018, 12:35:12 AM by vintages |
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I try not to spend much because whenever the price seems to be low, there are higher amount of bitcoin or altcoins but when the price is lower there is a smaller amount of bitcoin or altcoin to be spend or used for transaction so I see it as a wastage whenever I spend larger amount of bitcoin or satoshi for a smaller price. Therefore, during dumps, I store more than spend.
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reflector
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June 13, 2018, 07:23:28 PM |
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Final conversion to the fiat cash we need the bitcoin in hand for sure mate. If you really like to invest on the altcoins as well you need the help of bitcoins for sure bro. So holding the bitcoin will be helpful for everyone and even you that is much safer thing mate.
If you wan to invest on cryptos with using present situation check which dumped more and it should be potential one. That coin will be help you see the more value in coming days.
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Nmizu
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June 13, 2018, 07:23:52 PM |
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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 was forced to sell some of my altcoin because Idul fitri Eid requirement and I am very grateful for that  |
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Herbys
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June 13, 2018, 07:38:05 PM |
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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, it is now best to keep the capital in BTC. This is explained by the percentage of profits with increasing market capitalization of the cryptocurrency. |
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Kambal2000
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June 13, 2018, 08:06:46 PM |
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I am holding bitcoin and some alts as much as I could, I really love bitcoin so no matter how much the price right now I will still hold it and we'll wait for the right time to withdraw some of it, and some will withdraw 20 years from now if I want to retire and enjoy my life.
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Panda Trump
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June 13, 2018, 08:12:26 PM |
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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. |
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