BTC Holding or Using ?

[ChiBitCTy]

I have always been a big proponent of doing body holding and spending bitcoin. In my person opinion being able to both store bitcoin as an asset as well as being able to efficiently use it as a currency. Being able to spend bitcoin on every day items is going to help with its adoption, we need to doing this in my opinion.
 

[nur rochid]

We all know about BTC Holding and we all encourage it, and on the other hand we are also happy when we see someone buying a car with BTC. My point is, if we hold btc all the time, where is our profit if it is not used, and if it is just holding without using, how will its value increase? And why are we happy when we see someone buy something from btc?  This issue has been circulating in my mind for a long time, what do you think about it?

it may be true for those who have a lot of btc, but for someone like me, i think converting to fiat when prices are peaking is better. buying a car using btc will indeed increase the popularity of bitcoin widely, but to me this is not yet effective considering the potential for bitcoin prices in the future and the rate of depreciating cars is getting longer, but it seems this is not the case for the rich

[MiF]

We all know about BTC Holding and we all encourage it, and on the other hand we are also happy when we see someone buying a car with BTC. My point is, if we hold btc all the time, where is our profit if it is not used, and if it is just holding without using, how will its value increase? And why are we happy when we see someone buy something from btc?  This issue has been circulating in my mind for a long time, what do you think about it?

Set a limit on when you are going to get the profit from your holdings,because if you just hold it forever you will not get a profit, you need to always set a limitations to get or use your profit then invest again. Sometimes the problem of the investors is the greed being greedy will not help you earn and you will end up losing. Setting a limit controlling emotions and have patience on the bloody market for good.

[Mr.sprin]

The main purpose of investing in btc is to make a profit whether you want to invest in the long term or invest in the short term but the goal is still the same for profit.

[maartenhaha]

many people make transactions with bitcoin, such as buying a car with bitcoin, even I listen to the issue of football players being paid using crypto currency, amazing, maybe in the future all countries can make transactions with bitcoin. although now many countries have not legalized bitcoin, but slowly there are countries that want to legalize bitcoin like the news that currently there are 30 countries that want to discuss with the country of elsalvador, this is a sign that there are countries that are following in the footsteps of the elsalvador country in the future.

[Rockstarguy]

The essence of having bitcoin is to Hodl it and to spend it too. We need to Hodl bitcoin as a longterm investment to support ourselves financially, we can as well spend our bitcoin on payment for any item or services. If their are sufficients bitcoin in your wallet you can decide to spend it on payment for anything . Many prefer to hodl bitcoin because of how valuable it is , Hodling bitcoin is the proper way to make good investment in bitcoin.

[MrDave]

Well, I think we should opt for both. That's my opinion I mean why can't we do both at the same time. Just divide your investment as per your need.

[maydna]

The main purpose of investing in btc is to make a profit whether you want to invest in the long term or invest in the short term but the goal is still the same for profit.

That is the main purpose of investing in BTC, but unfortunately, not all people understand about that instead still panic when the price drops a lot. They forget about their goals by holding BTC, and the chance to make a profit will not be there since they sell their bitcoin at a low price. So holding bitcoin is not easy as it says because it needs a strong hand to control our emotions when the market is down.

We spend bitcoin by buying something, but that depends on the availability of that thing in our local store. If bitcoin is not available, we should use it as our investment.

[99Percent]

many people do both but I prefer to use because I believe bitcoin will not always be good for HOLD but we must have a target to buy and sell, I am also happy now it's better for us to use it at least you can control your assets

[TribalBob]

if you can do both why not
hold btc for long term and can be used for day trading and profit from trading can be used to buy something like food maybe if trade in small amount

[topman21]

At the moment I am not using bitcoin I am holding bitcoin. I invested in buying bitcoin at a high price. But the price has come down a lot now so I was forced to keep holding.I have no choice but to sell bitcoin with loss.Although I made a lot of money after buying it, I kept on hoping to get more, but later I had to go through such hardships.Now I am living a difficult life but I am not able to sell because the market has decreased a lot.

[Anguwa]

We all know about BTC Holding and we all encourage it, and on the other hand we are also happy when we see someone buying a car with BTC. My point is, if we hold btc all the time, where is our profit if it is not used, and if it is just holding without using, how will its value increase? And why are we happy when we see someone buy something from btc?  This issue has been circulating in my mind for a long time, what do you think about it?

We have the believe that BTC will be accepted in the entire world, so we hold BTC because we have it in mind that it will definitely be a great asset that we might regret not having it. When ever i see someone buy something from BTC, I use to be happy because it means that BTC is becoming more viral and properly accepted globally.

[evichi]

Both holding and using Bitcoin to buy a car or something contributes to the growth of Bitcoin. The ability to use it and buy a car indicates adoption and acceptance, meaning that the  utility of Bitcoin is increasing among the people. That s why people are happy, as acceptance is growing. Holding creates scarcity as well as increases the value, while using it to buy a car, in this case, means acceptance as a means of exchange for the merchant/people. The two activities means success for cryptocurrency adoption.

[BIT-BENDER]

Right now we have distinguished sect of Bitcoin-ers, the holders (Investors) and the users (some aren’t passionate only uses Bitcoin) and then we have the holder that are also users and they are passionate about Bitcoin, well we don’t have to open up on what we are, from my point of view I would see Bitcoin adoption as our paramount goals and regardless of what we are the vision should be seeing bitcoin becoming a focal point in the future.

[_BlackStar]

So far I'm in a country that still hasn't legalized bitcoin as a legal tender. I can pay someone with bitcoins but have to hide it from the government because it is an offense that can get me fined. The solution right now is to spend bitcoins on fiat if I want to pay something legally.

About hold, this is a smart choice for anyone who believes that bitcoin has great potential in the future. The price may still be able to drop at this point in search of post-ATH lows, but I'm sure it will recover soon and whoever owns it will benefit. It's okay when we don't have many, but always consider having them in your investment portfolio.

[dikistutmazsabri]

I find it more positive for someone who doesn't own a lot of bitcoins to hodl bitcoin. otherwise, I do not see it possible for him to make very high gains from rises and falls with the small amount of bitcoin he has. However, investors with large amounts of bitcoin do not ignore opportunities while hodling.

[Issa56]

many people do both but I prefer to use because I believe bitcoin will not always be good for HOLD but we must have a target to buy and sell, I am also happy now it's better for us to use it at least you can control your assets

Seriously I prefer spending but unfortunately I can't really be spending bitcon in my country because is not generally accepted, so we just have few places that accept bitcoin, am always happy whenever I see people buying things with bitcoin which I wish I can also be making purchase with my bitcoin but not really possible, but I believe with time I will be able to spend my bitcoin convinenetly in my country but for now I just have to be holding and increasing my money, because the more you hold bitcoin the more your profit increases.

[Silberman]

We all know about BTC Holding and we all encourage it, and on the other hand we are also happy when we see someone buying a car with BTC. My point is, if we hold btc all the time, where is our profit if it is not used, and if it is just holding without using, how will its value increase? And why are we happy when we see someone buy something from btc?  This issue has been circulating in my mind for a long time, what do you think about it?

I have said this a couple of times already, i'd reiterate, i do not really care how people choose to use their Bitcoin, just use yours the way you think is best, either spending it as Bitcoin, hodling it, or converting it to fiat for spending, it all depends on the user, their needs, convenience and what have you; its value would still increase nonetheless, cause they are many people using it in many different ways, and what that means is that there is incessant demand, so why wouldn't the value go up.

I like to see people buy stuffs with Bitcoin, and i also like to see people hold it, the thing remains that both parties believe in the Bitcoin network, and that is what that matters in the end.

And this is the correct answer, how many times we have seen that when a fiat currency is in crisis the government decides that you cannot use it in certain ways so they can protect it? We have seen this every single time a fiat currency gets into trouble and most of the time the behaviors they are trying to forbid affect significantly those that are holding that fiat currency, as such everyone must have the freedom to use bitcoin as they want otherwise there is no point at all on holding bitcoin.

[ilovealtcoins]

It depends on your usage, bitcoin really has a lot of different utility. They are both an investment, a savings and a means of payment...
Most people prefer to hold rather than spend bitcoin because we all wish bitcoin will increase in price and bring us big money, so these days people tend to accumulate rather than spend bitcoin.

[doomloop]

We all know about BTC Holding and we all encourage it, and on the other hand we are also happy when we see someone buying a car with BTC. My point is, if we hold btc all the time, where is our profit if it is not used, and if it is just holding without using, how will its value increase? And why are we happy when we see someone buy something from btc?  This issue has been circulating in my mind for a long time, what do you think about it?

I would love to use bitcoin to be fair. It is not that common hence we are not doing it unfortunately, where would I use it, but at the same time I have to say that it is definitely a good way of making bitcoin valuable as well. If we stop "only" buying/selling bitcoin and start using it along with that, then suddenly we are going to have a lot better situation at hand.

Right now, it is not even fast and cheap like it should have been, there are too many people and transactions involved, we need to move to a much cheaper and faster way, but even with that, it is not accepted in many places, and not like people want to spend it neither. They would like to just earn with it.