Don't spend bitcoin. Not now.

[Duzter]

The holidays for tee new year has got over, and slowly things were getting in order. By now we should experience some forward push in the price. Now what we experience is fall in the market price of bitcoin low to $7000. This makes the moment to be the right time to hold for a bigger price. All the savings will go wasted if it isn't used at the right moment.

[charlesmichel1]

It's quite interesting and odd at the same time. You wrote that BTC adoption would take some decades or even centuries. We will die before it happens. Why should I hold BTC for all my life? For the future mass adoption?

[Karmakid]

The holidays for tee new year has got over, and slowly things were getting in order. By now we should experience some forward push in the price. Now what we experience is fall in the market price of bitcoin low to $7000. This makes the moment to be the right time to hold for a bigger price. All the savings will go wasted if it isn't used at the right moment.

There is a possibility for the price to go high but I am looking for the price to go lower than $7000 because that is what the chart says to me. Even though there is a higher possibility for bitcoin to dump, it is still practical to not spend bitcoin on useless things and just try to increase it by investing into other cryptocurrencies or by trading.

[Sanugarid]

It's quite interesting and odd at the same time. You wrote that BTC adoption would take some decades or even centuries. We will die before it happens. Why should I hold BTC for all my life? For the future mass adoption?

Bitcoin is many things, some treat it as an asset, as a commodity, as a means of payment, or as a trading object.
Anyone can manage his bitcoin as he pleases, others can not order someone to just save or spend the bitcoin that he has.
I'm sure that most people in crypto-sphere buying bitcoin at a cheaper price and hoping to sell it at a higher price for profits, that's okay as well, just do whatever you need to.

Bitcoin gives us an opportunities to make some daily income very easily with the help of some knowledge together with cryptocurrency. We should think very wisely before we perform some specific task that we might need to gain profit out of this. Waiting for things to happen is very worth it for me because it gives a lot of surprise maybe good and also bad for us. The price of bitcoin is not predictable but some people say can tell us by the supply and demand. Be careful on spending bitcoin because the price of it very continuesly changing.

[k@suy]

It's quite interesting and odd at the same time. You wrote that BTC adoption would take some decades or even centuries. We will die before it happens. Why should I hold BTC for all my life? For the future mass adoption?

Bitcoin is many things, some treat it as an asset, as a commodity, as a means of payment, or as a trading object.
Anyone can manage his bitcoin as he pleases, others can not order someone to just save or spend the bitcoin that he has.
I'm sure that most people in crypto-sphere buying bitcoin at a cheaper price and hoping to sell it at a higher price for profits, that's okay as well, just do whatever you need to.

Bitcoin gives us an opportunities to make some daily income very easily with the help of some knowledge together with cryptocurrency. We should think very wisely before we perform some specific task that we might need to gain profit out of this. Waiting for things to happen is very worth it for me because it gives a lot of surprise maybe good and also bad for us. The price of bitcoin is not predictable but some people say can tell us by the supply and demand. Be careful on spending bitcoin because the price of it very continuesly changing.

That's right. Very well said pal. Actually storing your bitcoins and altcoins to prepare for the observation of the halving season is really good. Nothing is wrong if you try to believe in their speculations and also you will loose nothing because even if the expected rising value of the bitcoins is gonna happen. At least you can have a stock of bitcoins in your wallet and you can still trade or sell it at a very reasonable price. Halving and the expected increase of the value of the bitcoin is just a motivation for us.

[Pamadar]

The holidays for tee new year has got over, and slowly things were getting in order. By now we should experience some forward push in the price. Now what we experience is fall in the market price of bitcoin low to $7000. This makes the moment to be the right time to hold for a bigger price. All the savings will go wasted if it isn't used at the right moment.

Correct, if you'll going to used your coins while the value are low then you are just wasting your money. This current market needs to have much deeper analysis in order for you to get some advantages. Time to evaluate your stay and your intentions why you are investing it's good to know that you are willing to hold and earned.

[OrangeII]

The holidays for tee new year has got over, and slowly things were getting in order. By now we should experience some forward push in the price. Now what we experience is fall in the market price of bitcoin low to $7000. This makes the moment to be the right time to hold for a bigger price. All the savings will go wasted if it isn't used at the right moment.

Correct, if you'll going to used your coins while the value are low then you are just wasting your money. This current market needs to have much deeper analysis in order for you to get some advantages. Time to evaluate your stay and your intentions why you are investing it's good to know that you are willing to hold and earned.

almost everyone has suggested holding for now. everyone is waiting for the pump from halving that can occur before or after. Spending the assets that you have right now seems to be spending money at a low price. however, now is no longer the right time to spend the bitcoin you have. maintain assets that you can maintain until halving arrives, it might be a good time.

[EdvinZ]

Yes, it is better to spend Bitcoins at the peak of the price. But it's hard to predict. So the best solution is to spend Bitcoins in the bull market. Probably many people are hoping for a rise in the price of Bitcoin because of the upcoming halving. Perhaps it will be so, but we can't know exactly to what point the price of Bitcoin will be able to rise, if it will rise at all.

[alisonwonder]

The holidays for tee new year has got over, and slowly things were getting in order. By now we should experience some forward push in the price. Now what we experience is fall in the market price of bitcoin low to $7000. This makes the moment to be the right time to hold for a bigger price. All the savings will go wasted if it isn't used at the right moment.

Correct, if you'll going to used your coins while the value are low then you are just wasting your money. This current market needs to have much deeper analysis in order for you to get some advantages. Time to evaluate your stay and your intentions why you are investing it's good to know that you are willing to hold and earned.

almost everyone has suggested holding for now. everyone is waiting for the pump from halving that can occur before or after. Spending the assets that you have right now seems to be spending money at a low price. however, now is no longer the right time to spend the bitcoin you have. maintain assets that you can maintain until halving arrives, it might be a good time.

because we all want to give a positive value to bitcoin, so that everyone holds bitcoin so that the number of sales will decrease. Moreover, the last 2 years the price of bitcoin has crashed and this year halving should be able to recover prices or even make new highs

[Murat]

When you have got a good opportunity to grab Bitcoin at a low price then you should utilize this opportunity very carefully, I mean you have to grab the chance of getting something from Bitcoin but not now because the price is not up to the mark at all, that's why I think we should not spend Bitcoin at this moment, We have to wait for a good price, I hope the time is not so long when Bitcoin price will be high, For me, Bitcoin holding is the best way to utilize based on current situation, many people of this system expect that this year is going to bring a good time for Bitcoin.

[Visbay]

The holidays for tee new year has got over, and slowly things were getting in order. By now we should experience some forward push in the price. Now what we experience is fall in the market price of bitcoin low to $7000. This makes the moment to be the right time to hold for a bigger price. All the savings will go wasted if it isn't used at the right moment.

Correct, if you'll going to used your coins while the value are low then you are just wasting your money. This current market needs to have much deeper analysis in order for you to get some advantages. Time to evaluate your stay and your intentions why you are investing it's good to know that you are willing to hold and earned.

almost everyone has suggested holding for now. everyone is waiting for the pump from halving that can occur before or after. Spending the assets that you have right now seems to be spending money at a low price. however, now is no longer the right time to spend the bitcoin you have. maintain assets that you can maintain until halving arrives, it might be a good time.

because we all want to give a positive value to bitcoin, so that everyone holds bitcoin so that the number of sales will decrease. Moreover, the last 2 years the price of bitcoin has crashed and this year halving should be able to recover prices or even make new highs

Right, when we will keep holding our bitcoin will make it save from whales as only whales are misleading people for selling their coins. Yet its time to hold price is not suitable for selling. If you will keep holding it you will be able to sell it later with double price but yet it does not have a good price for all bitcoin sellers, that's why holding is the best choice for all investors.

[KnightElite]

The holidays for tee new year has got over, and slowly things were getting in order. By now we should experience some forward push in the price. Now what we experience is fall in the market price of bitcoin low to $7000. This makes the moment to be the right time to hold for a bigger price. All the savings will go wasted if it isn't used at the right moment.

Correct, if you'll going to used your coins while the value are low then you are just wasting your money. This current market needs to have much deeper analysis in order for you to get some advantages. Time to evaluate your stay and your intentions why you are investing it's good to know that you are willing to hold and earned.

almost everyone has suggested holding for now. everyone is waiting for the pump from halving that can occur before or after. Spending the assets that you have right now seems to be spending money at a low price. however, now is no longer the right time to spend the bitcoin you have. maintain assets that you can maintain until halving arrives, it might be a good time.

because we all want to give a positive value to bitcoin, so that everyone holds bitcoin so that the number of sales will decrease. Moreover, the last 2 years the price of bitcoin has crashed and this year halving should be able to recover prices or even make new highs

Right, when we will keep holding our bitcoin will make it save from whales as only whales are misleading people for selling their coins. Yet its time to hold price is not suitable for selling. If you will keep holding it you will be able to sell it later with double price but yet it does not have a good price for all bitcoin sellers, that's why holding is the best choice for all investors.

Averaging down is not good strategy especially for newbies, it is better to sell it immediately if the price goes down. I know that there are still people who keep holding bitcoin even though they bought at the top. It is really hard to let go a position where your losses are now huge. Selling bitcoin is good at low prices because there is possibility that its low prices will become more low.

[iamsheikhadil]

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? If there is no ecosystem people won't get interested in and Bitcoin may become a currency like the currency for Second Life (the video game (?) with its currency, not sure if I'm right)

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 agree to it, it's like holding and if everyone starts holding then who the heck will trade and if there's no trading then the cash flow will just stop and then the price will simply stop as it will not be an asset since no one would want to sell it lmao.

[Mihaylovic]

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.

well. it is hard not to agree with this. bitcoin is an investment for me too. but the issue is as soon as people start to spend their bitcoins, bitcoin will be more popular and more valuable. So i think it is needed to be more open minded in this issue.

[Triffin]

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? If there is no ecosystem people won't get interested in and Bitcoin may become a currency like the currency for Second Life (the video game (?) with its currency, not sure if I'm right)

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 agree to it, it's like holding and if everyone starts holding then who the heck will trade and if there's no trading then the cash flow will just stop and then the price will simply stop as it will not be an asset since no one would want to sell it lmao.

In trading its very important to have knowledge and skills because when you are trading you must know when to trade when to stop. Crypto rise and fall with movements and if they will stop selling or buying then we will see bad impact on crypto market.  So we should spend and use our bitcoin but on right time.

[kapalmabur]

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? If there is no ecosystem people won't get interested in and Bitcoin may become a currency like the currency for Second Life (the video game (?) with its currency, not sure if I'm right)

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 agree to it, it's like holding and if everyone starts holding then who the heck will trade and if there's no trading then the cash flow will just stop and then the price will simply stop as it will not be an asset since no one would want to sell it lmao.

it's definitely not possible, bitcoin trading is always running, Bitcoin is not only held by 1 to 2 people, but millions of people in this world have bitcoin, you have to understand that

[trickshot22]

With the price down here, there's no reason to spend the bitcoins right now because when the price reaches the top you'd probably regret a tonne and at the same time you can realise that there's not that much of a good deal with cryptocurrencies and regular shops right now and so on. Hold them in your pocket, let them grow, and then cash them out when you need them.

[qiwoman2]

Unfortunately, I have no choice but to spend monthly form my Bitcoin, because my salary is paid to me in Bitcoin form my normal day job and of course I need to pay my mortgage, bills, and food, so it comes from Bitcoin expenditure. I do though also try to be frugal and not spend on silly things, so manage to put a bit aside every month, which hopefully will grow. My aim is to try to make at least 1-2 Bitcoin in 2020 if all goes well and I am working hard to achieve my goals to this end. We all need to set goals, this is very important.

[wheelz1200]

If everyone thinks like this everyone's "investment" will either until people do use it.  It's the chicken or the egg story.  You need people actively using bitcoin that's what it was meant for to use not to hoard indefinitely.  If no one uses their dollars anymore than merchants will start needing other forms of payment, same will happen to bitcoin...stop the madness and just use it cant be buried with it 

[Karmakid]

If everyone thinks like this everyone's "investment" will either until people do use it.  It's the chicken or the egg story.  You need people actively using bitcoin that's what it was meant for to use not to hoard indefinitely.  If no one uses their dollars anymore than merchants will start needing other forms of payment, same will happen to bitcoin...stop the madness and just use it cant be buried with it 

It really depends on the goal of a person. Not all of us have the same brain and mindset. We have different goals, some of us is to generate wealth through holding bitcoin and keeping it safe for years to come while others are into adaption of bitcoin and they are using it to their daily life in order to show that bitcoin is useful.