Do you spend your Bitcoin?

[kevinovecka]

Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

[1715255098]

1715255098

[1715255098]

1715255098

[Oshosondy]

Do what you want to your bitcoin, you are the omwer, you can hold it or sell it or use it for something else. But as for me I prefer to hold my bitcoin, I convert just little to fiat if I need money, I am not planning to sell my bitcoin, bitcoin is still too young for that. Let us expect $100000 price and more price increase will still come, then if not using your bitcoin for anything, why not just hold till life time and let your children inherit it.

[NeuroticFish]

Do you spend your Bitcoins or just hodl?

Since I earn bitcoin too, I spend some and I hold some. Bitcoin is money and it's no use to just gather/hold them all for after I'm turned to dust.

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

I buy rarely for Bitcoin. It's not really an option in my country. I usually have to convert to fiat first.
So the answer would be... that I'm missing almost everything that money (fiat) can buy?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

My strategy is to keep a balance between fiat and crypto.
If my bitcoin stash becomes reasonably big I will probably sell more than I earn, maybe even diversify in other investmnets; but I'll think more on that when I'll get there, if ever  

[mk4]

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

You know, the typical wants and needs because we're humans as well. Take note that some of us here are like 90%+ allocated into bitcoin, so it's just natural to be spending bitcoin(or selling a small amount of bitcoin for fiat).

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

[bittraffic]

I spend and kept some. Is anyone also spending their BTC for Shib?  Yes. It can't be denied people are buying memecoins for whatever their purpose is and it's not just Shib but there is also Kishu Inu token. Altcoins can be bought by BTC, it shouldn't be missed to buy altcoins for they are cheap for now.

Everyone has an exit strategy as long as they profit from getting out of it, it's still an exit strategy.

[kevinovecka]

Do what you want to your bitcoin, you are the omwer, you can hold it or sell it or use it for something else. But as for me I prefer to hold my bitcoin, I convert just little to fiat if I need money, I am not planning to sell my bitcoin, bitcoin is still too young for that. Let us expect $100000 price and more price increase will still come, then if not using your bitcoin for anything, why not just hold till life time and let your children inherit it.

Yeah but holding itself doesn't increase price
Imagine every single person in Btc world is holding...

Do you spend your Bitcoins or just hodl?

Since I earn bitcoin too, I spend some and I hold some. Bitcoin is money and it's no use to just gather/hold them all for after I'm turned to dust.

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

Niceee Guess you do some IT stuff or so

I buy rarely for Bitcoin. It's not really an option in my country. I usually have to convert to fiat first.
So the answer would be... that I'm missing almost everything that money (fiat) can buy?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

In Czech Republic you can get almost anything for BTC (Maybe only food not yet But coffe, beer, electronics, cars,...)

My strategy is to keep a balance between fiat and crypto.
If my bitcoin stash becomes reasonably big I will probably sell more than I earn, maybe even diversify in other investmnets; but I'll think more on that when I'll get there, if ever  

Hopefully

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

nice

[Oshosondy]

Yeah but holding itself doesn't increase price
Imagine every single person in Btc world is holding...

Only few people are holding bitcoin if compared to the rest of the world but the adoption is increasing.

Back to your point, assuming everyone in the world is holding bitcoin, that the price will not increase? No because fiat will depreciate, this will make the price of bitcoin to still increase as it is paired with fiat.

[kotajikikox]

Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

I bought some Items Online in which accepting bitcoin and also Some dealings online here in my place where we can transact using bitcoin as long as available .

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

Majority of my Bitcoin is being Kept Hold for how long?  for almost a Year now as i have bought much of them early this year.

exit strategy ? yeah i want to sell all of them once reached 6 figures and i Know this is soon to come.

[UserU]

I'm selling my holdings to realize some profits for my personal needs after holding them at below 60K

Would definitely re-enter once the dip comes

[Mauser]

At the moment I am not spending my bitcoins. The bitcoin price finally bounced back above 50,000 USD, selling now my coins seems wrong. First I want to see a new ATH before considering to use my bitcoins for any purchases. I kind of stopped spending any coins once bitcoins went above 20,000 USD last year. Before that I used bitcoins regularly to buy and sell CSGO skins and to deposit and withdraw money for playing poker. The problem is just that once you buy something for coins you have a fixed price in your head and as soon as bitcoins rise higher, I feel like I lost something. Right now I don't want to do the same mistake again. Better to hold and buy in the future.

[meanwords]

Do you spend your Bitcoins or just hodl?

Yes

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

For other investment opportunities. I'm one of those risky taker type of person and when I see that Bitcoin is going to be stable for a very long time, I'd spend a portion of it to and invest it in other opportunities (like NFTs or DeFi)

[Baofeng]

Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

Yeah, I spend it, I treat it like money. But the most I do with my bitcoin is pay with my basic necessities, like internet, electricity and water and some credit cards. We are lucky that we have a local exchange that supports this kind of payment and then some.

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

I also have some bitcoins that I have been holding for at least a year or do. Keep in a hardware wallet and for safe keeping.

Not sure if I have some price in my mind that I will cash out, maybe if we reach 6 digits sometime in December or early next year, I might be tempted to offload some.

[xSkylarx]

I'm used to spending it rather than holding it. It looks easier, and not as heavy as having to hold back when the market is trending down. I don't own a lot of bitcoin every job I get paid with bitcoin I would convert to altcoins or fiat to invest.

Cool! We're the same because I'm using it right away to buy my necessities by converting it to our own fiat. I have a family, so money is really important to us now that we are raising a child. Before, I was holding a few bitcoins to save and invest in the future, but I got my girlfriend pregnant, so I had to cash it out and spend it. But now I'm gradually investing in altcoins so that we can save money in the future.

[mindrust]

Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

Why would you spend your bitcoin on stuff now when you can spend them tomorrow and buy more of the same stuff? And when tomorrow arrives, it becomes today and you wait the next tomorrow. I know it sounds confusing but believe me, bitcoin is not meant to be spent. You should hodl it. I know, I know, you're going to ask me, "but what If I need to buy a house? A car? I already became rich! may I sell now?" No. Why sell now and buy a house when you can sell next year and buy 2 houses?

[Wexnident]

Err it depends? Sometimes paying with Bitcoin seems to be the easier way out so I use it instead of other forms of payment. Well, it's mostly situations where Bitcoin is an option, an easy method, or probably the only method. Only in those scenarios would I actually spend Bitcoin and the rest of the time I just hodl. The amount I hodl isn't really part of something I'd use to spend for whatever I need most of the time after all, simple terms, I use it for convenience's sake. As for my hodl strat, that's it, hodl. I don't give a damn anymore about the market since if I do I'd start trading and stressing myself out.

[Wind_FURY]

Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

HODL, I would NEVER waste my bought Bitcoins unless it was truly a need to use it for censorship-resistant value transfer. Because if I bought it only to merely spend it, then why buy it? Use the fiat for spending instead. It will be more efficient that way.

[impulse709]

Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

I keep my BTC and hope future BTC price will go up to 100k, no strategy here, i don't feel real BTC price will be able to go to 100k, because i have a good job enough to be able to invest in BTC Money and not need to sell them right now. I was determined to buy a house and enough to buy a piece of land if BTC price reaches $100k like what I want expectation.

[witcher_sense]

Why would you spend your bitcoin on stuff now when you can spend them tomorrow and buy more of the same stuff? And when tomorrow arrives, it becomes today and you wait the next tomorrow. I know it sounds confusing but believe me, bitcoin is not meant to be spent. You should hodl it. I know, I know, you're going to ask me, "but what If I need to buy a house? A car? I already became rich! may I sell now?" No. Why sell now and buy a house when you can sell next year and buy 2 houses?

What is the point of holding then if you can never benefit from being resistant to the temptation to sell? Bitcoin, an ever-growing currency, certainly incentives you to delay consumption, but you can't delay it indefinitely. Human beings, even those with the lowest possible time preference, cannot value the future more than the present, because there are some basic needs humans have to satisfy in order to live and survive. It is therefore nonsense to not spend your money if you are, for example, about to starve to death. The only reason I can think of you are not yet spending your bitcoin is that you have "worse" money to spend. Otherwise, if you lived off bitcoin only, it would be impossible to hold it without selling some occasionally.

[dadach]

Yeah, I spend it, but I am also investing monthly.

[Leviathan.007]

Well, I didn't sell all the bitcoin and I'm not going to do such a thing but I just sold a little part of it to take profit and place the money I got in other markets, In other words, I just extended the basket of my assets to have a more safe investment plan. However, for people who didn't sell anything and they just hold in the long-term bitcoin is always profitable so I'm going to keep the main part of my investments at least until the next halving.