Don't spend bitcoin. Not now.

[Webetcoins]

I think only people who can not control their patience and people who are very easily influenced by something new that makes spending bitcoin owned when prices fall while bitcoin can potentially increase prices.

People with lack of patience and not risk taker is prone to a massive loss of their assets, in times like theses they will spend their bitcoins because of a sudden dips and dumps, they didnt know what are the worth of this risk, dont spend now! We may see bitcoin awhile ago pump its price ,maybe not now bitcoin will be at an uncertain price but who knows it will go to moon few months from now.

In my opinion, the main reason behind blunders made by holders is not lack of patience rather lack of knowledge. Thy do not understand the worth of what they hold and their decisions depend on what majority says about changes from time to time. It is important to trust your asset if you want to make huge money out of it and that is only possible if you have strong understanding of it.

[JC btc]

With the price this down , there is no reason to spend the bitcoins right now because when the price reaches the top you would actually regret a lot and also at the same time you should understand that right now there is not that much of a good business with cryptocurrencies and normal shops and such .
Keep them in your wallet , let them grow and then encash them when you need them , don't let the market pressurize you.

holding bitcoin be the only choice for us.there is  no other solution for us with our bitcoin in current moment.moreover yesterday bitcon price rise more thn 30percents.its look like be good sign for our patience so far.if we spend it when price start rising, i am sure we will very regret when its price reach previous highest price ever.wait little bit more and our patience will paid worthly.

It depends on a person preference if he would like to hold bitcoin now and hold for the future, or take the profit if he's doing trading and to add it on his capital. It really depends on  a persons' strategy how he is going to maximize his time, money. There's nothing wrong in spending Bitcoin but we should also consider future, so hold some of it.

[ePesoInitiative]

If you spend your bitcoins now, you might regret it soon. The selling has been non-stop since reaching $13,000 and it seems that the market is very oversold, yet no sign of stopping. However, if you spend it now, maybe next week or the week before that, the price may gain 50%.

Are you regretting now? You probably sold your Bitcoin at $7,300 and in only one day, Bitcoin rebounded to $10,500. Currently the bitcoin price is around $9,700 and is expected to test $10,000 again. You can't spend Bitcoin.

[aysg76]

If you spend your bitcoins now, you might regret it soon. The selling has been non-stop since reaching $13,000 and it seems that the market is very oversold, yet no sign of stopping. However, if you spend it now, maybe next week or the week before that, the price may gain 50%.

Are you regretting now? You probably sold your Bitcoin at $7,300 and in only one day, Bitcoin rebounded to $10,500. Currently the bitcoin price is around $9,700 and is expected to test $10,000 again. You can't spend Bitcoin.

When the value of coin is down many of the investors shift to panic selling due to various FUDs and that is biggest mistake to do in this market. Today BTC is around 9.7K$ and would easily get over 10K$ or even 11K$ in the coming days. So I don't consider it any wise in spending it now as that would only cause one feeling in the future and that is of regret...

[bitzizzix]

Everything goes back to your plan, because bitcoin has only two choices in the long-term investment method to get big profits and in the short term to get small profits.
and I make long-term investments on the grounds that I will not consider the ups and downs of bitcoin before reaching the highest price, and besides that I can avoid worries when bitcoin is in a low price position and I will continue to hold it firmly.
and spending bitcoin when bitcoin goes up a bit for me means throwing away opportunities which in my opinion bitcoin is the best investment in the future that is far more profitable.

[Faysal Fahad]

Got your point; but it's very important to make the trend; I mean establishing the electronic money system by using BTC according to our personal need! If we all hold the BTC; that would be a silly!

[BartS]

If you spend your bitcoins now, you might regret it soon. The selling has been non-stop since reaching $13,000 and it seems that the market is very oversold, yet no sign of stopping. However, if you spend it now, maybe next week or the week before that, the price may gain 50%.

You were close, the price of bitcoin increased something like 35% in a very short amount of time but since then it seems like the positive movement of bitcoin has stopped for some reason.

It is still not clear to me what will happen, if the price can close above 10k then we could see a huge FOMO forming but if this does not happen during the next weeks then it could be possible for the price to go down once again and for the market to turn bearish once more.

[EdenHazard]

Too late ...
I've spent 0.15 bitcoin monthly back in 2014 to pay internet bills worth $60 for around 5 to 8 months i guess if I'm not mistaken.
Always feeling blue when I look back and see these transactions made by me , my internet bill worth $1,500 at the current bitcoin price damn it was a real deep regret I ever feel.

If you spend your bitcoins now, you might regret it soon. The selling has been non-stop since reaching $13,000 and it seems that the market is very oversold, yet no sign of stopping. However, if you spend it now, maybe next week or the week before that, the price may gain 50%.

You were close, the price of bitcoin increased something like 35% in a very short amount of time but since then it seems like the positive movement of bitcoin has stopped for some reason.

It is still not clear to me what will happen, if the price can close above 10k then we could see a huge FOMO forming but if this does not happen during the next weeks then it could be possible for the price to go down once again and for the market to turn bearish once more.

A lot of people thinks that the support level now at $8,000/$7,500 and the resistance at $10k/$11k ... doesn't makes sense for me , it's clearly a temporary pump as the china to support blockchain project was just a hype , mark my words.
No more skyrocketing overnight at least till next year. You guys need to lowering your expectations on this.

[AicecreaME]

Too late ...
I've spent 0.15 bitcoin monthly back in 2014 to pay internet bills worth $60 for around 5 to 8 months i guess if I'm not mistaken.
Always feeling blue when I look back and see these transactions made by me , my internet bill worth $1,500 at the current bitcoin price damn it was a real deep regret I ever feel.

I don't get it, what is so regretful about spending your bitcoin on things that you are obligated to pay or buy, if you didn't spend that 0.15 bitcoin for your internet bill, would that make you happy? (your internet would be long gone by now), and you don't have to compare the prices of bitcoin before and its price right now, that doesn't make any sense at all.

It will only be regretful if you spend it on some bullshits and nonsense things that doesn't help you survive your everyday life in this world, just keep earning.

[wildan88]

Too late ...
I've spent 0.15 bitcoin monthly back in 2014 to pay internet bills worth $60 for around 5 to 8 months i guess if I'm not mistaken.
Always feeling blue when I look back and see these transactions made by me , my internet bill worth $1,500 at the current bitcoin price damn it was a real deep regret I ever feel.

I don't get it, what is so regretful about spending your bitcoin on things that you are obligated to pay or buy, if you didn't spend that 0.15 bitcoin for your internet bill, would that make you happy? (your internet would be long gone by now), and you don't have to compare the prices of bitcoin before and its price right now, that doesn't make any sense at all.

It will only be regretful if you spend it on some bullshits and nonsense things that doesn't help you survive your everyday life in this world, just keep earning.

but indeed, I also sometimes feel regret when bitcoin price is below $1000, I spend a lot of bitcoin for something or needs, and that's right we just keep earning. I agree with right now, it's better not to spend bitcoin, because I'm sure in the next 1-2 years there will be surprises.

[Ayiranorea]

Don't spend bitcoin, this is mentioned based on the growth happening with bitcoin. In reality for a better and bigger move forward there is a need for direct spending of bitcoin. As of now the usage is very limited, and priority is given as an investment. Somehow there is circulation happening around, and in future we can expect the spending to happen much more than the present leading to its perfect use as an alternate to fiat transactions.

[ice098]

Don't spend bitcoin, this is mentioned based on the growth happening with bitcoin. In reality for a better and bigger move forward there is a need for direct spending of bitcoin. As of now the usage is very limited, and priority is given as an investment. Somehow there is circulation happening around, and in future we can expect the spending to happen much more than the present leading to its perfect use as an alternate to fiat transactions.

Yes, circulation is the main thing. If people will hoard and hoard bitcoin,it can affect the whole circulation of it. The demand will goes up while the supply is limited. We never know if it will make the price goes up or it wi goes deeply down. We need to spend bitcoin like any other coins and altcoins.

[kodtycoon]

Don't spend bitcoin, this is mentioned based on the growth happening with bitcoin. In reality for a better and bigger move forward there is a need for direct spending of bitcoin. As of now the usage is very limited, and priority is given as an investment. Somehow there is circulation happening around, and in future we can expect the spending to happen much more than the present leading to its perfect use as an alternate to fiat transactions.

Yes, circulation is the main thing. If people will hoard and hoard bitcoin,it can affect the whole circulation of it. The demand will goes up while the supply is limited. We never know if it will make the price goes up or it wi goes deeply down. We need to spend bitcoin like any other coins and altcoins.

when many people want to get quick profits then it is also a circulation where demand and supply will continue to increase, and the use of bitcoin directly which can be an alternative to fiat payments is indeed still limited, but at least there are many platforms out there that accept bitcoin despite the unstable price. so why are we just holding because opportunities like this must be utilized as well as possible so that the growth of bitcoin will continue to happen

[Triffin]

Don't spend bitcoin, this is mentioned based on the growth happening with bitcoin. In reality for a better and bigger move forward there is a need for direct spending of bitcoin. As of now the usage is very limited, and priority is given as an investment. Somehow there is circulation happening around, and in future we can expect the spending to happen much more than the present leading to its perfect use as an alternate to fiat transactions.

Yes, circulation is the main thing. If people will hoard and hoard bitcoin,it can affect the whole circulation of it. The demand will goes up while the supply is limited. We never know if it will make the price goes up or it wi goes deeply down. We need to spend bitcoin like any other coins and altcoins.

You are right that circulation is necessary for the better future of bitcoin as the demand and supply will become balance from the circulation, but I think here ‘not spending bitcoin’ does not mean to hoard it, it actually means that we should not spend all of our bitcoin because the price is going up so we should have to think about our future, many people has considered their investment an asset for the future profit.

[clickerz]

Too late ...
I've spent 0.15 bitcoin monthly back in 2014 to pay internet bills worth $60 for around 5 to 8 months i guess if I'm not mistaken.
Always feeling blue when I look back and see these transactions made by me , my internet bill worth $1,500 at the current bitcoin price damn it was a real deep regret I ever feel.

If you spend your bitcoins now, you might regret it soon. The selling has been non-stop since reaching $13,000 and it seems that the market is very oversold, yet no sign of stopping. However, if you spend it now, maybe next week or the week before that, the price may gain 50%.

You were close, the price of bitcoin increased something like 35% in a very short amount of time but since then it seems like the positive movement of bitcoin has stopped for some reason.

It is still not clear to me what will happen, if the price can close above 10k then we could see a huge FOMO forming but if this does not happen during the next weeks then it could be possible for the price to go down once again and for the market to turn bearish once more.

A lot of people thinks that the support level now at $8,000/$7,500 and the resistance at $10k/$11k ... doesn't makes sense for me , it's clearly a temporary pump as the china to support blockchain project was just a hype , mark my words.
No more skyrocketing overnight at least till next year. You guys need to lowering your expectations on this.

Yeah, I think now that bitcoin gains almost 16 - 36%  last couple of days,maybe you can take your profit. You can sell now half of your holdings if you have profit and observed the market movement. If price go for correction then wait for the right entry and buy back at lower price.

[EdenHazard]

Too late ...
I've spent 0.15 bitcoin monthly back in 2014 to pay internet bills worth $60 for around 5 to 8 months i guess if I'm not mistaken.
Always feeling blue when I look back and see these transactions made by me , my internet bill worth $1,500 at the current bitcoin price damn it was a real deep regret I ever feel.

I don't get it, what is so regretful about spending your bitcoin on things that you are obligated to pay or buy, if you didn't spend that 0.15 bitcoin for your internet bill, would that make you happy? (your internet would be long gone by now), and you don't have to compare the prices of bitcoin before and its price right now, that doesn't make any sense at all.

It will only be regretful if you spend it on some bullshits and nonsense things that doesn't help you survive your everyday life in this world, just keep earning.

You don't get it as you don't know how it feels for real feel like wasted too much money in the past due the bitcoin price changes drastically! I won't complain anything if the changes just a couple bucks but it was too much, too much pain in my shoulder everytime I compare the current and past value.

I was bought a car for 800 ethereum too worth $16,000 as that time 1 ethereum was only $20 , tell me how could not hurt is that? Realizing today ethereum value is $200 each even touched $1,000 ... I supposed riding a lambo right now instead a regular BMW.

I should save it more and spend less , bitcoin as a currency to spend in daily basis seems not fit at this point.

[daarul50]

If you spend your bitcoins now, you might regret it soon. The selling has been non-stop since reaching $13,000 and it seems that the market is very oversold, yet no sign of stopping. However, if you spend it now, maybe next week or the week before that, the price may gain 50%.

You can spend your Bitcoin now if you really need it specially if it's an emergency needs however it's not how it should be spent. Although keeping it can benefit you whenever it gains value to the market, it doesn't guarantee a sure profit thus it's still a gamble in my opnion. Keeping Bitcoin should be a spare money thus you can benefit from its ups and downs.

i am not sure if it is wise action to put all fund you have in bitcoin.

since you are mentioning that "in case emergency , you can spend it"
if you only put the free money in bitcoin , there is nothing called "in case emergency scenario" , you will just holding your bitcoin as long as possible and about spending bitcoin , you can exchange your fiat directly to bitcoin and spend it directly too. pretty simple right?
i can not see any disadvantage by holding bitcoin for long time if only you really know the risk and really know the money you put in there as something that othing to lose but a really long term investment.

spend bitcoin anytime , hold it all the time.

[yulionoo]

Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.

Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.

People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.

That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.

99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.

Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.

Do not spend your Bitcoins. Not now.

yes you're right we can't spend our bitcoin just to shop. because bitcoin is an asset that can grow and experience price increases in the future. but if everyone thinks like this there will be no movement on bitcoin and this will make bitcoin die. I think the use of bitcoin as a means of payment is also important so that bitcoin continues to grow and can be adopted en masse. when bitcoin usage increases, demand will also increase and can make bitcoin prices go up.

[drlukacs]

That's a little ridiculous thinking. So you suggest to not spend Bitcoin until it becomes trusted enough. If no one uses Bitcoin, how do you want the ecosystem to develop? The dollar is based on trust, the day people no longer trust, USD will become the new Zimbabwe dollar, yes it's a fact but
if Bitcoin needs to earn people's trust, it can't just happen without doing anything.

I believe this is not a ridiculous thinking. You must observe to all main bitcoin use cases. People in Venezuela use Bitcoin because their currency is completely devastated. So pepple believe in gold or bitcoin. You can see the same behavior in Zimbabwe too.

Hold bitcoin is one of the smartest things right now. You see, alts are stable and nothing has grown, which shows that the market is ignoring it and no longer trusting alts. This is the right time for you to sell all the alts to accumulate in bitcoin and hold it. You will not regret it because when you follow the crowd at the right time, you will soon get rich quick. because if you are going against the trend of the market now, buying junk alts, then I am sorry, that is the worst strategy.

[DevilSlayer]

That's a little ridiculous thinking. So you suggest to not spend Bitcoin until it becomes trusted enough. If no one uses Bitcoin, how do you want the ecosystem to develop? The dollar is based on trust, the day people no longer trust, USD will become the new Zimbabwe dollar, yes it's a fact but
if Bitcoin needs to earn people's trust, it can't just happen without doing anything.

I believe this is not a ridiculous thinking. You must observe to all main bitcoin use cases. People in Venezuela use Bitcoin because their currency is completely devastated. So pepple believe in gold or bitcoin. You can see the same behavior in Zimbabwe too.

Hold bitcoin is one of the smartest things right now. You see, alts are stable and nothing has grown, which shows that the market is ignoring it and no longer trusting alts. This is the right time for you to sell all the alts to accumulate in bitcoin and hold it. You will not regret it because when you follow the crowd at the right time, you will soon get rich quick. because if you are going against the trend of the market now, buying junk alts, then I am sorry, that is the worst strategy.

But for me it is not good decision to hold our bitcoins in a long time. Like right now, the bear market is still occuring and the price of the bitcoin is gradually decreasing. The smartest way to hold if you buy at the bottom. But it is risky and there are only few trading setups in counter trend strategy that have high winning rate. I will hold bitcoins if I can buy at the bottom or in the dip.