Do you spend your Bitcoin?

[Wildwest]

If we have bitcoin assets of course we have their own mission in spending the bitcoins that we have, for now the bitcoins we have can buy some potential altcoins that are currently weak price movements so that they have a high possibility to get maximum results if later the price increase can increase, but there are also some investors directly sell because the profits obtained are quite large, Then in this case we must be sure of our own targets and do not easily follow the strategies of others.

[lovesmayfamilis]

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?

Everything is correct. There is an expression "tomorrow will never come"
Therefore, one must be able to live in the here and now. You must be able to spend and invest. You do not need to deprive yourself of everything that you think can wait until tomorrow. I will not speak too pessimistic, but if you are an adult and understand all the realities of life. The expected beautiful tomorrow may not come.
I, too, like most of the above unsubscribed, spend bitcoins as needed. But in parallel with spending, we must correctly calculate our capabilities so that with the coming "tomorrow" we will not be left without means of subsistence.

[mentisuons]

As for now, BTC is up by $17k this month and people are chill about it. Last year every thousand to a price was feeling like a breakthrough and celebrated by the community. It is interesting how over time our reactions to the price changed 🤔

[bitzizzix]

Since I have a regular job, so I prioritize holding my bitcoins for a long time and also for reserve funds that I will use when I really need them and only spend them as needed.
and undeniably most people will do both which will make our life free from financial problems and for the future, so bitcoin is very useful to be able to spend it when we need it and hold the rest for a better future.

so I thought, I have a steady job but still need bitcoins for me to spend when there is a need, what about those who don't have a job or steady income.

[blackened515]

Yeah. I spend my Bitcoin, but I ensure to reinvest, because I understand bitcoin is the future. When buying stuffs online, I usually like paying with Bitcoin, because is more easier to me. However, Bitcoin long term Investment is very good, Although, is not always easy holding Bitcoin for a long time. It requires patience and also someone with a strong heart. For example, with the current price of Bitcoin, some long term Investors will be tempted to sell their Bitcoin.

[GeorgeJohn]

Do you spend your Bitcoins or just hodl?

actually everybody is answerable to the question depends on how we manage our lives, really in normal circumstances i do spend some of coins if challenges comes across, but bitcoin is not meant spend sixty percent (%60) out hundred percent (%100) due to it inflation, holding a coin more especially bitcoin is like someone that is in huge investment but their hope when you have bitcoin.

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

Actually if you spend your bitcoin for something ease you can't be regretful when you know properly that it will yield another thing positively, but a process whereby the outcome is negative, you blame yourself because of bitcoin increments in the societies

If you hodl
For how long and why don't you spend?

If you hold in a long time distance and keep on holding it, their is every tendency that the investor is looking for a particular target before it could be use for any other options..on my own i hold for some period of time and i have target, and when the target approaches then i will release the particular value i want to be release.

[kawetsriyanto]

Do you spend your Bitcoins or just hodl?

I do both, I guess others do the same.
Sometimes I need to convert my BTC to fiats for urgent needs. Cannot tell you what it is, but you must know I won't sell my Bitcoin if it is not necessary. Holding is the first choice, but spending some is possible at any time.

If you hodl
For how long and why don't you spend?

I am holding it for years and consider to sell once I am sure it is the best price of Bitcoin this year.
How about you? You also must be holding it for a long time and now you are waiting for the right time to sell. Then, you plan to buy again in the bearish season. Is it correct?

[Hypnosis00]

I actually spend them.
I converted it to our local currency and then use it to buy stuff and pay bills. I think, that actually is going to happen. Coz for me, I'd considered Bitcoin as a form of currency, not an investment that is why I don't hold, unlike the others.

I know that some people are currently holding but sooner or later, they will still spend on it. Holding might happen during the bear season and I did sometimes, and so the others but usually, I don't hold them long, I sell them when I need some money.  

[bhadz]

Not hurting me that much to spend some of it and hold until I can. I do have a price target but they're too high and if ever bitcoin goes $100k then I'll still sell some.
Then the majority of bitcoin that I have, I might hold until $500k to $1M. Since I'm used to holding then I'll be targeting high prices already. 

[TelolettOm]

Do you spend your Bitcoins or just hodl?

Some are spent (for trading or converting to fiat for certain necessities) and some are for holding. But it is a short-term hold, commonly I will have some stages on selling BTC based on a certain rate.
And well actually I am planning to do long term hold for Bitcoin but not now. Maybe it will be better to buy when is the bearish time coming, maybe next year? Idk enough.

Btw, Bitcoin and other cryptocurrencies are still illegal if used as a currency in my country. SO, it means that I still can not use Bitcoin for any transaction or using it directly with Bitcoin as the payment method to buy something here.

But it doesn't matter because it is legal as commodity so we can convert it on exchanges and use fiat to buy something that we need 

[bhooscream]

Coz for me, I'd considered Bitcoin as a form of currency, not an investment that is why I don't hold, unlike the others.  

Are you serious? If it is your mindset, which means you refuse the fact that Bitcoin is one of the popular digital assets in the world. I don't blame you to spend all your Bitcoin, but it is very unfortunate that you don't want to take advantage of the Bitcoin price increase. You must be aware that we are heading a new ATH of Bitcoin, most people already prepare their Bitcoin by buying and holding some Bitcoins since a few months ago. While you spend all your Bitcoin. 

[D-law]

This is actually a personal question and answer to give one-self.
Nevertheless, not minding how little/large my Bitcoin is I wouldn't want to sell it, it's totally a no brainier to do so... I'm not in support of selling your btc op.
This can be done though,if you have enough bitcoin maybe, different view how this goes with different people.

[Mpamaegbu]

Do you spend your Bitcoins or just hodl?

Of course, I should believe that everyone who has access to their Bitcoin spends when life issues come up or demand. Even those who hodl still have a way of spending theirs and may have a mechanism of buying back the dip. I doubt anyone can truthfully say they hadn't sold a bit of their hodling, ever, even with all the several spikes as ATH.

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

I sell to meet up with what the economists call, "human wants" which are often insatiable. Isn't that why we all work or keep a job? If course, it is. No, I don't miss anything that can't be bought with Bitcoin. My country isn't that vast in Bitcoin transactions and all that, I simply convert to fiat and then spend on whatever item I want to buy.

[Oasisman]

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?

A lot of things cannot be bought with Bitcoin yet here in my place. The most accessible things where you can use Bitcoin is either the mainstream coffee shops, fastfoods, and computer shops. I have tried it once just out of curiosity and successfuly bought a 2TB external hd with Bitcoin using our local custodial wallet. I can say the experience was cool, but I might not gonna spend more than that lol.

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 it for retirement plan. That's usually gonna be the case for long term hodler. I only have a little fractions, and I think It would become great in value for atleast the next 5-10 years.

[Ucy]

I mostly hold mine and use others to buy fiat, which is basically part of the spending . Though I hope in the future I will be able to use it for buying other things, (preferably things that are local) and not just for buying fiat. I think the best way to spend it in this manner is through decentralized peer-to-peer means.. . And it should be within the Bitcoin Economy and Global Network.

[Ararbermas]

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?

its about time mate, indeed bitcoin still showing possibility and still above the current support so why spend it? Seems a big mistake.. Lol  if you just hold it for short term then much better to dump, if you're long term probably this is not the right time for that.. I mean more confirmation first to prevent regrets afterwards.. 

[IIrik11]

I don't spend unless I really have to and that usually happens when I want to buy something and crypto is the only easy payment option.

But if I do spend then I buy it back asap.

I am holding and if things work out good, I am going to keep buying for at-least 5 more years and see where it takes me.

[peter0425]

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 Have Plenty of altcoins that i can spend once i needed extra funds so why need to use my bitcoin .
and besides I believe that Bitcoin will be in the highest value in the following years that means i will keep my Bitcoin on hold and will only spend my altcoins in crisis like now.

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

Spending but Investing? sounds like contradicting ?

[rodskee]

Only small part had been in dispense because majority of my Bitcoin is still weighing in my folio  , I also  converted some part to altcoin but of course we don't know what will come in the future.
if Pandemic like this happens again then i will may spend every bit of my bitcoin .
and besides if all of us will hold bitcoin then what will happen to the price?
Bitcoin must be circulated and this is what the happens .

[Lucius]

Do you spend your Bitcoins or just hodl?

Bitcoin is basically a currency, and that should be its primary purpose, all who claim otherwise are doing great damage to the general perception created in the public that Bitcoin is just one form of digital gold.

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

Mostly on the purchase of digital goods, but also on every other occasion if I find something interesting that can be paid for with BTC. I honestly don't miss anything I'd like to pay with BTC that isn't currently possible - although it's all in the online store/s, it suits me perfectly, especially at a time of the pandemic.

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 don't have a time frame for an exit strategy, because I believe that it is much better to have a BTC than to convert it into a fiat, which is worth less and less every day. If someone believes that Bitcoin has value today, then there is no reason not to believe in it in 5 years or later - but it is quite clear that there is a difference between those who believe in Bitcoin, and those who believe only in profit.