Do you spend your Bitcoin?

[Vaskiy]

Miracles happen, but we need to be good enough to enjoy. Because I was into the market at the right time. I made good holdings spending very minimal from the cryptocurrency holdings. All the way greed accompanied and started to spend my cryptocurrency holdings. Further it didn't stop, and it went beyond my limits. Finally lost out of gambling. I mentioned it to describe my 90% of holdings were spend on gambling. Only 10% I have used on other purpose.

[Alucard1]

On my part, I prefer holding bitcoin and planning to hold it until the year 2024 or the next halving but still, there are some instances that I will be needing money which makes me convert my bitcoin into fiat, well there is no problem with that because you are the owner of that coin and you can do whatever you want, if you still have some extra money then better just to keep your bitcoin, holding is really good and profitable.

I currently hold my bitcoin. I use unique means to spend but I do not use this bitcoin to spend. Because there will come a time when people will be able to buy this bitcoin And many have said that by 2021 the price of bitcoin will exceed one million dollars so I am not spending more on this bitcoin.

I am also positively looking for bitcoin to reach that price and that would be really make us earn huge money, maybe by that time mass adaption already happened.

[bakasabo]

Since yesterday Bitcoin has updated ATH, I predict that some people will start spending BTC to celebrate this achievement. I expect new posts to appear with the context of how they have spend some of their holdings.

Me personally will transfer about $100-200 worth of Bitcoin and convert to EUR. Hope that whole process will be quick, as I expect to buy a cake and order something special for Fridays dinner. And keep holding rest of my crypto.

[Kimonoe]

Since yesterday Bitcoin has updated ATH, I predict that some people will start spending BTC to celebrate this achievement. I expect new posts to appear with the context of how they have spend some of their holdings.

Me personally will transfer about $100-200 worth of Bitcoin and convert to EUR. Hope that whole process will be quick, as I expect to buy a cake and order something special for Fridays dinner. And keep holding rest of my crypto.

bitcoin can reach its new ath, and this is a great celebration, because it is possible that the bullish trend will continue. on the other hand this is also a positive side for altcoins which are possible after this will follow the movement of bitcoin, therefore lucky for those who already have profit from this condition

[AicecreaME]

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?

It really depends on the situation. Personally, I hold and I spend. During the lowest position of bitcoin, I buy so that I can hold it and make profit over time. I'm here for the long term so, I seldom touch my assets. However, there are certain times that I have to, because I also have to buy the things I needed to survive. I cash out when I feel the need to do so. Most of my spendings are because of the necessities, but I also have spendings on luxurious things. After all, I also want to enjoy the fruit of my strategies and patience.

It's just a matter of discipline. If you want to spend, learn to set your limitations and boundaries so that you won't go overboard the intended budget for expenses. If you plan to hold, you must practice self-restraint every time you see Bitcoin's price soaring high. You can always enjoy today without sabotaging your future.

[Wong Gendheng]

Some time ago when the bitcoin price reached $57k I spent around 0.0092 btc to buy a new smartphone, I was happy because I was able to buy a new smartphone from the bitcoins that I had saved for a year and with the remaining bitcoins I hoped to be able to buy what I hoped for new car.

[Questat]

On my part, I prefer holding bitcoin and planning to hold it until the year 2024 or the next halving but still, there are some instances that I will be needing money which makes me convert my bitcoin into fiat, well there is no problem with that because you are the owner of that coin and you can do whatever you want, if you still have some extra money then better just to keep your bitcoin, holding is really good and profitable.

I currently hold my bitcoin. I use unique means to spend but I do not use this bitcoin to spend. Because there will come a time when people will be able to buy this bitcoin And many have said that by 2021 the price of bitcoin will exceed one million dollars so I am not spending more on this bitcoin.

I am also positively looking for bitcoin to reach that price and that would be really make us earn huge money, maybe by that time mass adaption already happened.

If we can make holding a habit, that was so easy for sure but the truth is that we can be all persistent to hold, it sometimes we got tempted especially when the price reaches its new ATH. Well, I am going to admit that I'd never long for a long time, maybe months but not years because just like you, in many circumstances that we can spend our Bitcoin even we don't like it. It is probably we don't have any option and I think holding never make sense if in ourselves we suffer a lot.

[Shasha80]

Some time ago when the bitcoin price reached $57k I spent around 0.0092 btc to buy a new smartphone, I was happy because I was able to buy a new smartphone from the bitcoins that I had saved for a year and with the remaining bitcoins I hoped to be able to buy what I hoped for new car.

Investing in Bitcoin can indeed provide a large profit, if we can be patient holding Bitcoin until it reaches the target we want. We can buy whatever
we want with the profit we get from Bitcoin, I can feel the satisfaction you feel when you successfully buy a smartphone from the investment in Bitcoin.
Because I also managed to buy some things, from the profit I got from selling my Bitcoins, so I can feel the satisfaction that you feel too. And also
you made the right decision by not spending all the Bitcoins you have, because the price of Bitcoin will definitely continue to rise, so you can still
make more profit if the price continues to rise, and hopefully your next target to buy a new car can be achieved.

[kramat]

I will be hold the bitcoin and wait for the price increase then sell the bitcoin. Bitcoin is any time to up and down. It any time to change the price. So it not easy to guess the price. I will follow the bitcoin day by day. Then easy to analyse the price. It best coin the all coin. So hold and wait for the price increase then place to buy or sell the coins.

[blatchcorn]

I am out of luck when it comes to short term trading. I found myself lucky only when it comes to hodling. I can't spend my btc because of strict crypto regulations in my country. For the past eight months (since btc crossed 20k) I m mostly on hodling side. I converted all my btc to stablecoin in April this year since then majority of my holdings are in stablecoin. Whenever I converted few of these stablecoins to btc, I found myself out of luck.

[Cryptmuster]

Since yesterday Bitcoin has updated ATH, I predict that some people will start spending BTC to celebrate this achievement. I expect new posts to appear with the context of how they have spend some of their holdings.

Me personally will transfer about $100-200 worth of Bitcoin and convert to EUR. Hope that whole process will be quick, as I expect to buy a cake and order something special for Fridays dinner. And keep holding rest of my crypto.

I don't spend my bitcoins, I just keep holding. I don’t know how clever it is, I still admit that after reaching the new ATH, a correction may take place and the price will significantly drop down. Although even so, I will still hold bitcoin further and wait for its further growth. Although if I knew for sure that the price of bitcoin would fall, then I could sell now and buy it at a lower price.

[pawanjain]

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 could say that I fall in both the category. I hold my bitcoins until and unless I 'need' to spend it and there's no other way around.
Most of the times this happens only when I am out of my fiat balance and I need to buy something.
Whenever I spend my BTC it is either for buying altcoins with a good opportunity or to exchange it to fiat for personal use.
My only exit strategy is to keep holding bitcoin until I can whether it be for 5 years or 15 years or whatever.

[ReiMomo]

When I need money for my basic expenses, I withdraw a lump of Bitcoin that would satisfy my requirement. If not required, I just hold the whole BTC in the same wallet and that is not time framed. But, I have really felt why I have used my BTC for my basic expenses. I should have held it as BTC is heading to $100k. Better to buy more BTC even now as its going to be on it peak very soon. 

[AakZaki]

I am out of luck when it comes to short term trading. I found myself lucky only when it comes to hodling. I can't spend my btc because of strict crypto regulations in my country. For the past eight months (since btc crossed 20k) I m mostly on hodling side. I converted all my btc to stablecoin in April this year since then majority of my holdings are in stablecoin. Whenever I converted few of these stablecoins to btc, I found myself out of luck.

If you keep repeating less luck. You have to learn how to read the market so you will know when to sell and when to buy again. Short-term trading gives real and fast results, but it requires the ability to read the direction of the market. if you get a profit you have to get out and it is done over and over again.
Holding is the easiest, but you must have a strong target, don't sell before the target is reached.

[Masplanc]

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 spend my Bitcoin and  I hodl too but I do hodl mostly because it benefits me alot. The last time I spent my Bitcoin I used it to purchase a mobile phone.

[Kelvinid]

Do you spend your Bitcoins or just hodl?

I don't find any argument or wrong if we spend our Bitcoin or not. And I have to say that I was spending my Bitcoin not because I used to pay bills, but it was for another form of investment. I often sell them during bullish and reinvest when corrections have come. I'd never had the experience to hold them like waiting for the ATH because I'd take every opportunity to generate a profit even it was just 5-10%.

Sometimes I was in regret because of the sudden pump that I'd miss for I was selling it earlier but I'd realized that was life in crypto, we can't really make a perfect timing when to sell and when to buy.

[Slow death]

Do you spend your Bitcoins or just hodl?

since the day i met bitcoin i have always spent bitcoin because bitcoin is money and should be used to buy things in the real world, if everyone uses bitcoin to do hodl then there will come a time when people will use altcoin to shop and bitcoin could lose popularity

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

well in my country i can only buy with bitcoin refills for mobile, i can't buy anything else

[Rishabh riyz]

my country is still under development stage  , now internet and mobiles are available everywhere but along with that people should also have knowledge to use crypto  , since its not accepted by any merchants & businesses people like to hold , yet if it was accepted  I don't see why would people buy something off bitcoins , yeah it is a currency but the fluctuating value made it one of the best asset , and you don't just go buy something off your assets .

[BuNga_cute]

my country is still under development stage  , now internet and mobiles are available everywhere but along with that people should also have knowledge to use crypto  , since its not accepted by any merchants & businesses people like to hold , yet if it was accepted  I don't see why would people buy something off bitcoins , yeah it is a currency but the fluctuating value made it one of the best asset , and you don't just go buy something off your assets .

Nowadays internet and cell phones are basic needs in almost all countries, so it is certain that almost everyone uses cellphones and internet everywhere.
That's why the popularity of crypto is so increasing, because so many internet users already have the knowledge to use crypto. But since not
many merchants accept crypto payments most people don't spend Bitcoin to buy things, they make more use of Bitcoin as an asset. Especially with
the very volatile Bitcoin price, investing in Bitcoin can generate huge profits. I also prefer to make Bitcoin as an asset than spend it to buy something.
Not to mention that there are still many countries that prohibit crypto from being used as a means of payment,  so there are more people who use
Bitcoin as an asset, because they don't want to break the law.

[virasog]

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 try my best not to spend bitcoins. My mission is to gather as many bitcoin as possible. Bitcoin has limited supply and its demand is constantly increasing with the passage of time which means that its price will always increase over the long term. For this reason, you would never want to spend it when you know that if you keep on holding, it will increase in worth.