pratik009
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June 15, 2018, 06:16:50 PM |
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Yes you are right. This situation is completely smilliar like my situation, the same thing happened with me. When the price go down i generally spend very less btc and if possible then can't spend any one of them.But at that time i hold ghe btc and if that time i need money then i took it from my any one friend and i will return his money after the bitcoin pricw will go up.but in some critical condition i sell my btc into deep.i recommend you to never sell it in deep, only hold it.
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Greenkarki
Member
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Activity: 420
Merit: 19
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June 15, 2018, 06:19:48 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?
Yah. I have not even changed bitcoin or altcoin into my local currency for any of my expenses. I am holding it patiently and trying to gather as many altcoins as i can with the cheap price support. I am sure this would yield me a good profit down the line in December 2018.
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Harley29
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June 15, 2018, 07:44:24 PM |
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I try to hold as long as I can. For now that the market is red, i TRY to buy but not buy a lot as my investments are all in bitcoin. Really hoping that we can experience the same pump as last year of December 2017. But come to think of it, red market just means to buy more.
actually we can sell, but for people who panic only. because the price decreases automatically we get a loss rather than a big profit. the red price is also very worrying for the bitcoiners. Selling bitcoin right now will surely decrease the price of bitcoin in the market so it is time to hold for us not to sell, those who sell will call panic sellers which is not good sign for all bitcoin users, a rotten fish spoils the whole lake so I think it is not good sell bitcoin now price is not sold worthy but it holding time, I am sure spending bitcoin stop being done as we want high price for our better future now.
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Mhd-Bobbi
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Activity: 434
Merit: 13
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June 15, 2018, 08:00:43 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 what you feel. if current sales are severely disadvantaged. maybe this time to collect as many coins as possible. and in the future it would be nice to sell it. and can sell it if the market price goes up.
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BulbaLord
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Activity: 261
Merit: 10
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June 16, 2018, 04:05:17 AM |
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Same with you . As much as i can hold my coins , i will . I dont want to sell my coins in a less or cheap price specially when i didnt need it . But offcourse if i emergency need cash i will sell it . In short if its not needed i will hold it until the price up or increased .
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Coleth
Newbie
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Activity: 210
Merit: 0
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June 16, 2018, 04:18:26 AM |
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I really spend less with bitcoin now but higher in altcoins because if its volatility. And i am trying other coins cause i know this coins has future like bitcoin.
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Indra32
Newbie
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Activity: 182
Merit: 0
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June 16, 2018, 05:03:28 AM |
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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?
Buying alts now is really a good strategy that we can do to make us profitable than buying bitcoin because investing in bitcoin today is very risky and people already lost their money due to continuous falling of the crypto market. I think I've experienced this with the purchase I made when Bitcoin was $ 600, which is 10 times smaller than it is now. Not too far away to think that in the next decade it will be 10 times higher than it is now. I've spent some time when the price is close to ATH because I think "well, now is the right time to do it, I still have a lot of coins left," but right now I'm severely limiting all my expenses, because if I'm going to spend coins now, in a few years I would think how the things I have purchased effectively cost me 5-10 times more now.
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beerlover
Legendary
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Activity: 3010
Merit: 1188
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June 17, 2018, 07:19:07 AM |
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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?
Buying alts now is really a good strategy that we can do to make us profitable than buying bitcoin because investing in bitcoin today is very risky and people already lost their money due to continuous falling of the crypto market. A pretty good strategy for those who are smart enough to always take the opportunity. So many people rather than using the opportunity to stash up now are busy complaining on how the market is so down and then when the market starts rising hugely, they simply join FOMO instead and then start complaining all over again when the market starts dropping. Who would be doing the same thing and expecting different result and instead of them considering the opposite, they just get stuck with what they foolishly know how to do best. All those people who are believing into the brighter future of bitcoins, will not spend any bitcoins right now even bitcoin is trading below half of its all time peak price levels.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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June 17, 2018, 08:14:23 AM |
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I'm severely limiting all my expenses, because if I'm going to spend coins now, in a few years I would think how the things I have purchased effectively cost me 5-10 times more now.
That's understandable, but doesn't have to be a problem. In case you are spending 0.05BTC for example, you have to make sure you buy that amount back directly. It directly translates into a situation where you will no longer regret having spent coins, and the effect of payment gateways dumping their coins on the market will be nullified. It basically means that you contribute to a circle that combats the market to suffer from an excess of payment dumps. In other words, there is absolutely no need to limit yourself when you can perfectly keep spending your coins. I understand that in some cases it's not as easy to buy back your coins, but overall the amounts that people spend are on the lower side, which makes it easier to buy it back.
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supandi wiharja
Full Member
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Activity: 420
Merit: 101
Earn crypto for being contacted
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June 17, 2018, 08:29:30 AM |
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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.
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Nahl
Legendary
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Activity: 1652
Merit: 1000
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June 17, 2018, 09:54:00 AM |
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i'm not spending too much my bitcoin and my altcoin now because sold my bitcoin at cheap price actually is not my options but sometimes i want to cashout small amount of bitcoin to buy my daily needs and still keep the rest because i do believe in this year the price of bitcoin and altcoin will recover again
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dorofeev
Copper Member
Jr. Member
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Activity: 79
Merit: 1
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June 17, 2018, 10:26:28 AM |
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Of course I spend my bitcoins. There are some online services which I buy only with bitcoins because the seller allows only in that option.
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stephanirain
Sr. Member
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Activity: 756
Merit: 257
Freshdice.com
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June 17, 2018, 02:51:48 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?
It is a good idea that you hold your bitcoin until its price increase again because if not it will be a big loss for you. It is also good that you can control yourself from spending your bitcoin in a cheap price. Always have a patience to hold your bitcoin for you to have a huge profit if the price of it starts to increase.
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s0beit
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June 17, 2018, 03:06:56 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 am feeling the same way that's why no matter how tempted I am to spend some of it, I try my best not to use any of it. At this time , I am really in need but I'm just using my savings for my expences because I don't want to have any losses here in crypto.
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charlotte04
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June 17, 2018, 04:06:02 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 do spend less Bitcoin or any altcoins since it was on all-time highs. I would never sell some good long term coins for some temporary items or food.
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Oceat
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June 17, 2018, 10:16:25 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?
Just feeling the same thing just as you do, because i don't wanna sell them with the current market price because it's just a big loss to me since that was not the price that i have bought my tokens. I'd like to spend less when i do have an extra money to use but at this rate i can't do a thing but instead holding my tokens because i don't want to lose more.
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3996
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elwiswoodie
Member
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Activity: 378
Merit: 16
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June 17, 2018, 10:28:34 PM |
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prices rise or fall, does not affect my activities in taking BTC, because my work also uses BTC as a means of payment but, if BTC is down, then I would rather do HODL, even buy more but if it goes up, I am also happy to sell all assets
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Yamifoud
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June 17, 2018, 10:42:21 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?
It's actually not a good time to spend our coins unless it needed cause it's prices is totally on the ground. May we wait a little bit for its growing stage and make used of them. We consider this time as the buying period as prices are in dip, and of course profit will be next if we patiently keep on holding our coins.
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AlehandroTheGreat
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June 17, 2018, 10:45:27 PM |
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yes, I spend it less, anyway all are in long run and are in HODL position, so I think it is logic, that now everyone is spending less
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Eclipse26
Sr. Member
Offline
Activity: 658
Merit: 268
bullsvsbears.io
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June 17, 2018, 10:56:58 PM |
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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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