Do you spend your Bitcoin?

[amihada]

bitcoin is a very valuable asset for the future, if we sell assets today then we will regret it in the future I am very sure in the future bitcoin has a high selling price.

[tiCeR]

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?

Yes, this question is certainly on the mind of almost everyone who holds BTC.
On the one hand, it is very good for the market and acceptance if the BTC also arrive in payment transactions. But I can also understand that at the current time people are a bit more cautious. Nobody wants to have paid 300 dollars for their coffee in a year. That is a kind of question of faith that everyone must answer for themselves.

[ReiMomo]

Hei, here where I live, does not have any option to buy things with Bitcoin or anyother crypto currencies. So what I usually do is, convert the Bitcoin into my local currency and purchase whatever is required. As Bitcoin is really reaching every corner much faster now a days, hope govts allover soon accept Bitcoin and legalize its usage so that every user and shop keepers transact Bitcoin for all means.  

[KaliLinux]

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 depends on what you are referring to as Spending Bitcoin. Do you mean, spend direct Bitcoin on the purchase or spend out of your Bitcoin by converting to fiat?. Whichever way I believe that both are still spending Bitcoin and many investors including myself most have done one of this. I don't directly spend BTC but do take some profits whenever I am really in need of funds and mostly HODLing the rest.

[Alisha FR]

Of course, if bitcoin has provided maximum profit, I don't think it needs to be held back anymore. If you always hold on, when can we enjoy the results of trading bitcoin? When we hold on to bitcoin, it means that we already have a desire to get bigger profits. But talking about the current price of bitcoin and compared to 2019, I think it's time to enjoy the results.

[Rufsilf]

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?

Well yes, I've been holding bitcoin in the past and used it to buy certain assets that will let my family live comfortable than we used to be almost a decade ago when I didn't know about bitcoin yet. And nope, I didn't regret anything about what I spent because it really helped me and family.
For now, I'm trying to maximize my portfolio again by holding bitcoin and altcoins, I do side tradings like weekly to gain something and put it back in BTC and ETH. I'm trying to hold as much as possible until the time that I needed to sell it again.

[skscengeng]

I have made a nice amount of investment into Bitcoin. And I spent some amount only when I needed to buy some things that I'd like or I'd need. Otherwise, I would never even think of spending a very small amount. Because I'm HODLing it for a long time and I have a price target to sell some amount when it is reached. I believe that setting price targets is the best by the way. It prevents you from being greedy for more.

[nullama]

Yes.

What I like to do though, is that every time I spend some bitcoin, I also buy bitcoin with fiat, at least the same amount, usually more.

So, by using this technique, I am actually increasing the amount of bitcoin that I have every time that I buy something with bitcoin. Win/Win.

[Quidat]

Yes.

What I like to do though, is that every time I spend some bitcoin, I also buy bitcoin with fiat, at least the same amount, usually more.

So, by using this technique, I am actually increasing the amount of bitcoin that I have every time that I buy something with bitcoin. Win/Win.

Spending isnt bad as long you do able to accumulate more than back! So its up to someone on how they would really be doing it because spending nor accumulating is on someones preference and of course it is on someones financial capacity. Spending on various useless things
is such a waste thats why you should really be mindful on how you would spend it or simply hold it for the future.

[Amejoaquim]

if you spend Bitcoin you don’t miss out on gains, but on potential gains, but you also reduce potential losses (aka risks). Some people cash out, some people trust and hodl. I pay with bitcoin to spread the word!

[Dhaniii]

if you spend Bitcoin you don’t miss out on gains, but on potential gains, but you also reduce potential losses (aka risks). Some people cash out, some people trust and hodl. I pay with bitcoin to spread the word!

invest bitcoin to seek more profit, why spend bitcoin for consumptive and useless. it's good to hold bitcoin for a long time or you can just sell it when the market price strengthens and buy again when the market price is correcting like the market price this week. a lot of us can benefit from being able to trade at the right time instead of having to spend bitcoins for consumption of consumer goods.