Don't spend bitcoin. Not now.

[Spaffin]

Owners of large volumes of cryptocurrency, including a large number of Bitcoin, do not sell these coins, because the time has not come yet, and for a full life they have other means in sufficient quantities.  And ordinary cryptocurrency users earn almost their main income through activities on the cryptocurrency market, and very often resort to selling a particular coin, including Bitcoin, in the wrong period.  Of course, to date, the price of Bitcoin has not yet reached a maximum at which it is possible to sell this coin very profitably, but for many users there is no other way out to replenish their home budget.

[doomloop]

Right! Don't spend Bitcoin not now. Because the current price of Bitcoin is too low if you previously bought at a high price, you will now lose. If it were me, I would continue to wait until Bitcoin really recovered.

I think people already know this.

But to be honest, this is easier to say than being done. Yoy see there are a lot of investors out there that panics when these kind of dump happen and they would rather sell their BTCs than wait for the reversal. That is the reason a lot of people lost their money on Bitcoin. If you want to earn a profit, now is not the best time to spend it or sell it.

Well this kind of thinking would delay btc's progress and adoption, I think. There should be movement for it to reach it's initial purpose of faster and easier transactions. Though I don't think we're at that point yet. Both of you are right. Bitcoin is seen more as an investment rather than something for daily use, hence it would take time before people would find it easy to let go of their holdings and use it to make purchases.

People are seen using altcoins for making purchases but bitcoin has more of investment value because of its high potential of touching amazing values over a period of time. If there is something expensive one need to buy, I am pretty sure he will use bitcoin but if something could be purchased via altcoin or fiat, why to use an expensive coin for it. This does not make sense at all to use king for buying a soldier.

[cryp24x]

Is this some kind of of hodling Bitcoin? I know that we cannot spend Bitcoin because of its low value of you are an investor. But I think we need to consider the movement of Bitcoin in the market. If there os no movement, it is not really an indication of cryptocurrency.

[bettercrypto]

Its better to stack bitcoin than to spend it. The bitcoin halving 2020 will mark the new ATH price history again. Therefore, if we don't have sufficient bitcoin or we did not buy during the lows then we cannot guarantee to make profits when the price will surge. But don't worry, there are still enough time to buy and stack bitcoins on our wallet.

[GideonGono]

Is this some kind of of hodling Bitcoin? I know that we cannot spend Bitcoin because of its low value of you are an investor. But I think we need to consider the movement of Bitcoin in the market. If there os no movement, it is not really an indication of cryptocurrency.

It's because when we try to hold our bitcoin then it can cause a little bit increased of price. The price of bitcoin was really hard to manipulate so the only who can do that was the investor who can buy a large bitcoin and also by the event that bitcoin was really need.

[kesmex]

Its better to stack bitcoin than to spend it. The bitcoin halving 2020 will mark the new ATH price history again. Therefore, if we don't have sufficient bitcoin or we did not buy during the lows then we cannot guarantee to make profits when the price will surge. But don't worry, there are still enough time to buy and stack bitcoins on our wallet.

how can you accumulate bitcoin? Do you trade without looking at an estimate of your entire portfolio?
it seems that if you do it like that it will be very risky

[bdivrik]

Don't waste Bitcoin? So what shall we do. You need to make some sales when bitcoin price comes to high prices. Bitcoin is an investment tool. However, it is very important to sell at the right time. Watch out for those who say don't waste your bitcoins. Bitcoin cannot be with you forever.

[Mometaskers]

Well considering how low the price is now, I'll find it painful if I'll have to spend them. I'm doing my best to try to hold on to them. Like everyone I'm banking on the possibility of a price hike after the halving.

I said possibility, since it don't really reduce the amount in circulation. I'm hoping more along the line that post-halving whales will try to drive the price up after they've had their fill of cheap coins.

[acsalles]

Do you think holding BTC will be valuable at this point? Think for a moment that you have to buy or sell in order for the market to go up.

[GideonGono]

Is this some kind of of hodling Bitcoin? I know that we cannot spend Bitcoin because of its low value of you are an investor. But I think we need to consider the movement of Bitcoin in the market. If there os no movement, it is not really an indication of cryptocurrency.

It's because when we try to hold our bitcoin then it can cause a little bit increased of price. The price of bitcoin was really hard to manipulate so the only who can do that was the investor who can buy a large bitcoin and also by the event that bitcoin was really need.

Holding of this mighty crypto currency names bitcoin always proves beneficial for the investors. This coin can take time for rising to unimagined heights but it could never put you loss. You simply need to show patience with bitcoin. The price of this coin is really hard to manipulate since it is the most wanted and most expensive crypto currency. Indeed it could only be done by someone holding a lot of it.

But you can only do it if you have an extra money also if this money was only stock and it's your savings. Before you invest in bitcoin you need to know how it works by the volatility of the price and of course if it is worth it to invest. Think for your future because if you think that there are more better place for your money than holding it in bitcoin then you should decide.

[Kevondo]

Do you think holding BTC will be valuable at this point? Think for a moment that you have to buy or sell in order for the market to go up.

Right now undoubtedly it is the time for bitcoin buyers to invest into it and garb the mighty coin at low prices. It is a blessing that bitcoin is present at low rates instead of something alarming or depressive. This is for sure for the crypto market to raise high after the dumps and buying also helps in the increase of values of crypto currencies. So in short, right now is the time for supporting pump by buying it.

[suvo05]

If you look at the  price chart of last two december year 2017 and 2018 in both of the cases the price tend to drop a little and it rise up again after january-february. Bitcoin seems to keep the similar trends this year also so it's price is bit down now but we can see it rising up within a couple of monts. The holders are required to hold tight now and the newcomer should take advantage of the less price.

[awik p]

If you look at the  price chart of last two december year 2017 and 2018 in both of the cases the price tend to drop a little and it rise up again after january-february. Bitcoin seems to keep the similar trends this year also so it's price is bit down now but we can see it rising up within a couple of monts. The holders are required to hold tight now and the newcomer should take advantage of the less price.

but that habit cannot be used as a reference, because the market is formed by buying and selling, they are the ones who determine the movement of the market. and I think for the time being it will lose if we release assets, because this time the decline only wants to touch the support target and will rise again

[Wawa2013]

I can't if I don't have to spend Bitcoin, everyone spends their Bitcoin and trades, and invests so that Bitcoin becomes popular because of buying and selling movements. The market becomes stretched and alive. This is a fact about Bitcoin. Everyone is hunting to benefit from this Bitcoin movement.

[JeffBrad12]

Do you think holding BTC will be valuable at this point? Think for a moment that you have to buy or sell in order for the market to go up.

It's true that the market need trading activities in order to move its price but it's also a wise choice to just hold your bitcoin when the market seems to about become bullish though i dont see any sign right now about the bullish market and frankly I'd just spend bitcoin if i need to like paying bills and many things if there's a chance i will still hold it.

[Shimmiry]

Do you think holding BTC will be valuable at this point? Think for a moment that you have to buy or sell in order for the market to go up.

It's true that the market need trading activities in order to move its price but it's also a wise choice to just hold your bitcoin when the market seems to about become bullish though i dont see any sign right now about the bullish market and frankly I'd just spend bitcoin if i need to like paying bills and many things if there's a chance i will still hold it.

The biggest struggles today of the trader is the amount of the bitcoin because from the middle of the year of 2019 the value of the bitcoin is very stable and if there is a changes it's just a little amount of value, but when it comes in the second of November there is a huge change the price of the bitcoin falls every time, and every day there is a panic selling happening in the market, but still, few people are holding their bitcoin because expecting it is just a temporary. It may not be suitable for the people who already invested in the early time because this will cause of loss of income, but it is good for the people who are justing to the use of bitcoin because there is a chance it brings them a lot of profit for the coming future.

It is good if we are now spending our bitcoin today because the price of the bitcoin is not profitable and does not give a lot of income to us because of the price it is still dumping. We are now getting for a long term trading, but still, we are hoping it will pump again for the coming 2020.

[bobitza]

I also think now is not the time for us to sell our Bitcoin for targets. Bitcoin is showing signs of recovery. Last year, I rushed to sell all of my Bitcoin holdings for fear of losing money. But then its value doubled compared to the time I sold. Investing in Bitcoin also needs a broad vision. To not have to regret everything.

[Sadlife]

I agree unless bitcoin becomes a peer to peer system we shouldn't spend for the time being because if we continue spending it and convert it to cash then bitcoin's value and supply will go down in the years to come.
Yes satoshi said that he created bitcoin to be an electronic money system and i think bitcoin is not only an asset but we need massive adoption in order for bitcoin to be used by any services like a btc-btc transaction.

[Vestavius]

It's simple. People are tired of waiting for 20K and above, he decided to drain a little to buy gifts for the family at Christmas. Hence the price drop.

[Sithara007]

It's simple. People are tired of waiting for 20K and above, he decided to drain a little to buy gifts for the family at Christmas. Hence the price drop.

Some of the media outlets came out with a very different reason for the recent price drop. According to them, the criminals behind the recent PlusToken Pyramid Scheme are trying to cash out their stash, and this explains the over-supply of cryptocurrencies in the market. Let me remind you that the PlusToken scam was one of the largest in the history of cryptocurrency, with somewhere in the range of $2 billion to $4 billion stolen from the investors (mostly from China and the other East Asian countries).