Don't spend bitcoin. Not now.

[Cvetik56]

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.

That is right because most of the people I encountered thinks that bitcoin is a networking or worst scam. But I have talked to someone whom I cannot judge up to extent he knows about bitcoin. He knows how to mine. He said he will used raspberry pi in mining then I told him how I am earning crypto and he said "posting quotes". Hmm, I do stopped and think that he does not know about this thing. Maybe he knows trading and mining and thats all. Looks like he does not know alts too.

I do not spend my bitcoin because my target for this year is to earn more bitcoin and if there will be a chance that bitcoin price will rise up again, I will sell those I have saved and continue to get some more bitcoins and other cryptos.

Unfortunately, humanity isn't evolved enough to keep up with fresh and valuable info all at once. It takes time to seize everyone's attention and reliance step by step

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[hahay]

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.

That is right because most of the people I encountered thinks that bitcoin is a networking or worst scam. But I have talked to someone whom I cannot judge up to extent he knows about bitcoin. He knows how to mine. He said he will used raspberry pi in mining then I told him how I am earning crypto and he said "posting quotes". Hmm, I do stopped and think that he does not know about this thing. Maybe he knows trading and mining and thats all. Looks like he does not know alts too.

I do not spend my bitcoin because my target for this year is to earn more bitcoin and if there will be a chance that bitcoin price will rise up again, I will sell those I have saved and continue to get some more bitcoins and other cryptos.

At least you don't need to judge someone quickly, because how can you be so sure if he doesn't know about Alts while he knows how to mining and also trading, that's something I can't believe because people who already understand and know the crypto market at least they realize many things exist in this industry. Alts is not in a hiding place and everything can be found in every exchange and it is an inevitable reality, everyone has their own way of earning crypto so you should be aware of these differences.

[pankaj1234]

Talking about bitcoin it is really amazing research for online payment .with a limited supplied project their cost should increase by time goes up. in this world there are so many people who don't know about bitcoin when people know about bitcoin it will be highly costly.you can accumulate some bitcoin by different sources like purchase at low prices,margin trading,other activities and hold them for a long period. you will get amazing benefits.so please don't spend your bitcoin. Have a believe in this.

[yupi84crypto]

The mistake that people make when getting profits from bitcoin is directly depleted, even though the important key is that we can succeed
investing in bitcoin by setting capital and profits correctly. If you want to be rich from bitcoin, don't spend bitcoin often. Better to get
profits bought altcoins or buy bitcoin when the price goes down like now. So when the price going back up we can make a double profit.

[tvplus006]

Of course, very often people make mistakes when they sell cryptocurrency, which has very good prospects in the future.  You should always think about the long-term prospects of investments that will change your life for the better.  But you also need to take into account the fact that the situation in life changes very often and there are difficulties in which you have to sell cryptocurrency even at a not very favorable price.  there is no going anywhere unless there is no other way out.

If our life circumstances change and we need money, it does not matter what the price of bitcoin on the exchange is now. To avoid this, it is necessary to keep part of the funds always closer to yourself. Then we will be able to avoid unprofitable sale of cryptocurrency and our decisions will be made only taking into account the profit.

[bitbunnny]

I don't support the theory not to spend Bitcoin. To my opinion Bitcoin isn't created to be kept like some sort of souvenir, it has its real value in real life.
Of course holding Bitcoin is a smart decision because on a long term basis it's very likely that you will make some profit, so.the key is to find the balance.
But I strongly believe that Bitcoin should be spent always, in any time, that just needs to be in balance with your holding strategy.

[yiruma]

I think that it is not so important how we use bitcoin now. Indeed, in order for everyone to use it, it is necessary for the government to make Bitcoin the main currency. Until this happens, nothing will change.

[Betwrong]

I would rename the OP to "Don't spend all of your bitcoin. Not now.", because, as some posters have rightly pointed out, we won't reach the desired heights if Bitcoin will not be used on a daily basis. So, I'd say, considering that the current price isn't the highest BTC price possible, we should spend it moderately, but still spend it once in a while.

[saifoufa]

I think that it is not so important how we use bitcoin now. Indeed, in order for everyone to use it, it is necessary for the government to make Bitcoin the main currency. Until this happens, nothing will change.

What are you even talking about.
There are plenty steps for crypto to be made before government could possible accept it as main currency.
So these step has to be made by crypto companies. You can be sure a lot will happen until govs adopts btc

[In the silence]

From the first day I accumulated my first mBtc from faucets back in the days, I swear not to spend 50% of my earnings, Well it did not played well for me for the price is so overwhelming it tempt me to sell sell sell!
But it was a great experience for me specially handling assets from now on.

[NavI_027]

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[snip]

Until recently, I always did this because I never touched the coins in my portfolio and had a significant part of the funds in stable cryptocurrencies.  But recently there was a problem, due to which it was necessary to save one of my family members.  As a result, the volume of stable cryptocurrencies seemed small and I had to sell Bitcoin and Ethereum to get the right amount of money.  That is why I say that no one will be able to imagine the circumstances that they may encounter and when they will have to sell cryptocurrency at unprofitable prices.

Indeed dude, there is a point in our life where all the plans will suddenly shift due to unexpected happenings. In my case, I also got no choice but to sell my coins despite of the upcoming bitcoin halving in order to sustain all of the expenses for my board exam . It's very hard for me but I have no choice but to do so. That is my one last shot so I gave all that I've got and thanks God I made it . I passed the exam and now saving bitcoin again, I believe that I'm not too late for the next halving . Good luck to everyone.