Question to hodlers:How will you spend the money?

[GeorgeJohn]

Hello,friends
The question is addressed to hodlers who have been hodling bitcoin for years
Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
It can be real estate,any business,buying land and renting it out or something else
Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people
Everyone here is a smart person and everyone here has thought about where to spend this money
That's my question

P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them

-Regards

anyone who is a bitcoin holder knows the particular time you want a Bitcoin to propagate for him, the major objective while some people Hold bitcoin for long-term it is because they want to make a profit and making a profit for cryptocurrency investment mostly in Bitcoin can make you to transfer or diversify your investment to another thing,so therefore we invest to make profit and when we make a profit we neither spend the investment wisely or not,because I know quite well that anyone that invested in Bitcoin really know wants is the plan If he makes a profit.

Bitcoin is actually the end game of my investment, I won't convert it to real estate, land or business.

Renting real estate or land? I can earn more just by investing in Bitcoin.
Business? I don't have time to manage it.

Not to mention I would face unnecessary dramas e.g. they claimed to own my land, I could be scammed, the lessee don't want to pay the rent, cost to maintenance the real estate etc.

I only sell my coins to accumulate more coins.

as a good investor of Bitcoin you will sell your Bitcoin to enter into a business or investment that you know that the profit will it be equivalent to bitcoin investment profit so I've not seen before someone who is into bitcoin investment and the person made the profit and withdraw it Bitcoin to invest in real estate management... you can only invest in in any business based on you have known the Foundation of that investment why many people such as us like to invest in Bitcoin it is because bitcoin does not have a third party but when you venture into a real estate management, real estate management need a constant monitoring and if you don't know of the business it will not make a profit for it that is why most of people who is in Bitcoin always use their profit to purchase more of coins neither not coins or to have accumulate it bitcoin as you said.

Good question. Basically we always plan how we will earn profit from our invested funds, I can guarantee that there are most of us who will get confused to answer what to do with the profit earned from the invested funds.  Because most of us don't plan what to do with the profits.
And to be honest with me it's pretty much the same, I've been confused about it all this time but I'm thinking that since I'm currently thinking of holding bitcoins until around two halvings following the DCA method.  Later, the thought of reinvesting may come to my mind. However, I don't have any thoughts of doing business or anything else with that profit. I don't know what will happen in the future.

for me I see anyone who is a crypto investor as a wise person because they invest in Bitcoin in order to make a profit and they know quite well the risk that involve in Bitcoin and for you to make a profit for bitcoin investment you must to have a good plan a cogent plan for yourself before the profit will you manifest it is only the gambler that I know quite well that doesn't utilize their profit but a cryptocurrency investor mostly bitcoin investor most to ensure that it utilize it profit he made through bitcoin investment.

[Volimack]

Money is spent on many things to meet the needs of life so after meeting all the needs I will invest some part of my income in bitcoin for long term which will make the future bright. Instead of saving just for the sake of saving if you save for short and long term goals saving is beneficial. Retirement planning etc. If you can set various small and big goals and proceed with savings plan to meet those goals then it becomes much easier to keep an eye on the fixed goals and meet the goals.

[Bd officer]

Hello,friends
The question is addressed to hodlers who have been hodling bitcoin for years
Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
It can be real estate,any business,buying land and renting it out or something else
Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people
Everyone here is a smart person and everyone here has thought about where to spend this money
That's my question

P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them

-Regards

Good question. Many may sell Bitcoin in the upcoming bull run and many have long term plans. I have invested in DCA method and still continue to invest in DCA method. I can't hold bitcoins forever I have to sell bitcoins at some point. Since I invest with the DCA method, I have a long-term plan. So I haven't decided yet, which sector to spend after selling bitcoins. We can't tell the future, but I can say that I will decide depending on the investment amount.

[kotajikikox]

It can be real estate,any business,buying land and renting it out or something else

To be honest I do not have accumulated a lot just yet or at least not enough for any of my plans to happen just yet.

There are two specific things I have in my mind: real estate and business. I want to build a house it has always been a dream of mine and if I earn enough profit it will surely be one of the first things I would be doing. With business, I actually just mean that I want to be able to make more of what I earned. I can not be satisfied with the money that I have I know I should think of more ways to double my profit.

Why you want to do a business you should do no they cannot business that you want to venture into because sometimes business of real estate management does not favour everybody, because I know very well many people who is into salt business have not prosper very well so if you are doing real estate management you have to be watchful and also understand the business what I know very well that can give you people money is when you invest in cryptocurrency so I know very well that cryptocurrency is something that is more money

we all have our own path to venture , just mind yours mate lol because those that i wanted is being planned long time ago and all i need now is to be triggered and how will happen? if i accumulate enough capital to build such so if you have your plans then goodluck then but let me have mine here.

[Sebas.tian]

If you really need money to spend for important things then I would sell some of it instead of selling all of it before spending the money to the things I really need. Well, if you have extra money then there's no need sell some of your crypto for fiat. As many people said that you shouldn't make crypto as your main source of income but as a secondary income or a sideline. Well, when the time comes that I have to sell bitcoin then I would divide it into portions like 20% to personal wants, 25% needs, 30% for emergency and the rest is for savings.

Selling half of your Bitcoin to achieve what you want in your environment is a good plan, because the price of Bitcoin will continue breaking into a new ATH to allow holders to take advantage of it to develop other businesses that will increase their income in future. Making cryptocurrency to be your major source of income is a good idea, because the income will be coming from the cryptocurrency investment, and it will be huge more than other income that will be coming from other businesses if you can apply that strategy. There are some funds you don't need to spend anyhow, if you want to build a solid wealthy family that will last long for you to enjoy and your unborn children to enjoy too, try to reserve some funds for future bearish season to always accumulate your cryptocurrency.

[reagansimms]

There are many ways you can earn passive income, one of the simplest ways you can do is sell Bitcoin when the price is high and buy again in large quantities when the price is cheap. Buying Real Estate or land is not a bad idea, you can collect profits from Bitcoin investments to increase your source of income in the future. People here who have built a very emotional relationship with bitcoin always think Bitcoin investment is the best for now, they can do it easily without having to spend maintenance money and avoid fraud.

[Abdulzuruku01]

Hello,friends
The question is addressed to hodlers who have been hodling bitcoin for years
Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
It can be real estate,any business,buying land and renting it out or something else
Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people
Everyone here is a smart person and everyone here has thought about where to spend this money
That's my question

P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them

-Regards

I have not started investing in bitcoin yet, but I have made a plan for it. Soon, I will start my bitcoin investment. I've found a steady source of income because I don't want to face any financial troubles when I start investing.

Op if I were a bitcoin hodler, I doubt I would sell all of my bitcoins to invest in any of the investment you mentioned. I understand that these are also profitable investments.
I don't know how much bitcoin you have, but in my opinion, I would suggest you to take part or all of your profits from your bitcoin investment and invest it in either land or real estate, but the idea of selling all of your bitcoin is bad.

As you are considering selling all your bitcoin in order to invest in real estate or land, you should also consider the risk that is involved in real estate. For example, if you sell all of your bitcoin investment and invest in real estate and all of a sudden natural disasters occur, you know that their value will definitely decrease.
did you know that scammers are not limited to the internet? What if the land you claim to have purchased it's been sold to many people you know that will result in land disputes and which care is not taken you will end up losing everything honestly this is very scared and many risk involved I think I'll advise you to focus on investing in bitcoin because it's safe and secure and bitcoin has continuous growth potential and lower inflation.

[aoluain]

Its important to realise that long term HODL'ers are not going to sell everything all at once,
ok there are probably a small percentage who will.

I can speak for myself obviously, but I wont sell all of my HODL'ing ever, I will die with Bitcoin!

Its hard to move Bitcoin to another investment because there isnt anything even close to
yielding profits that Bitcoin can. Personally there is nothing I need other than some home
renovations.

I would like to buy a parcel of land and convert it to Forestry for my Kids and Grandchildren to
benefit from in the future ^{when I'm long gone.}

[Gaza13]

Where does someone spend the money from the bitcoin profits you mean? I don't hold much bitcoin. If I made a big profit from bitcoin, I would personally buy something that could make me money back.

Indeed, everyone really wants to get profits from Bitcoin, which can produce something productive such as land, apartments and then make money back. With Bitcoin's journey of almost a decade, of course everyone is well aware of this asset, that this asset is truly promising for the future for everyone who keeps it. Of course, everyone is competing to spend their money to invest in this asset.

[0t3p0t]

Hello,friends
The question is addressed to hodlers who have been hodling bitcoin for years
Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
It can be real estate,any business,buying land and renting it out or something else
Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people
Everyone here is a smart person and everyone here has thought about where to spend this money
That's my question

P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them

-Regards

Well yeah there are actually a lot of ways how investors spend their profits in Bitcoin depending upon their own situation. Some investors sell their Bitcoin and then reinvest in Altcoins, some reinvest in real estate, precious metals and some others just spend it all depending on their everyday needs.

[Cryptoprincess101]

~snip~

Though we can't hodl forever but when we consider the blocks remaining for the last bitcoins to be mined, investment more one Bitcoin will be more preferable than any other real life projects because one can basically sell part of his Bitcoin after recording huge profits in the long run and still continue by DCA to acquire more Bitcoins or better still wait for a dip to lump sum and HODL.

I don't mean that investing on real life projects just like the ones you mentioned is bad but while we are making investments we should be able to make sure that they are projects that is worth our efforts and money not some kind of projects that will collapse along the line.

[khalidkhan82118]

In my opinion, there is no point in selling your Bitcoins until Bitcoin finally becomes the world's reserve currency and an integral part of central banks' gold and foreign exchange reserves.  Moreover, when this event occurs, there will be no need to sell Bitcoin for fiat money.  Its cost will be so high that the hodlers will not sell it, but will only pawn it.  Bitcoin is the most valuable asset a person can own.  Real estate may seem like a very attractive investment, but in reality it has large associated costs and can easily be confiscated or destroyed as a result of military action.  Fiat money is currently undergoing a period of transformation.  There is a transition from traditional paper money to CBDC (new programmable digital concentration camp money).  Which is better: CBDC or Bitcoin?  The answer is obvious!

It's interesting to consider Bitcoin's potential as a global reserve currency and its comparison to traditional assets like real estate. The mention of CBDCs sparks curiosity about the future of currency. What do you think the implications of this transition will be?

[Rockstarguy]

Its important to realise that long term HODL'ers are not going to sell everything all at once,
ok there are probably a small percentage who will.

I can speak for myself obviously, but I wont sell all of my HODL'ing ever, I will die with Bitcoin!

Most holders won't spend all their money just like that , I believe some would like to reinvest some amount of money into bitcoin again because many holders understand how important it is to have Bitcoin for hodling.  as far as bitcoin is concerned bitcoin is concerned when holders are making plans on how their money will be spent the first plan is to take some amount of money to invest again because it is a good thing. Spending all the money gotten from bitcoin is not a very good decision. When spending money it is important to always remember to consider investment.  The best way of spending money is making investment at the first plan, this is a plan that can also yield more money after sometime.

When invest is outside the box, the things we spend money expires, this is to also say they don't bring values but investment will always bring value that will always keep you in life going.

[Yukyzu]

Where does someone spend the money from the bitcoin profits you mean? I don't hold much bitcoin. If I made a big profit from bitcoin, I would personally buy something that could make me money back.

Indeed, everyone really wants to get profits from Bitcoin, which can produce something productive such as land, apartments and then make money back. With Bitcoin's journey of almost a decade, of course everyone is well aware of this asset, that this asset is truly promising for the future for everyone who keeps it. Of course, everyone is competing to spend their money to invest in this asset.

Returning to investing with the profits we have obtained from investing in Bitcoin is of course very good, but we have to really understand well the investment we are starting so that we can run it well and get back profits from the investment we have just started. Everyone certainly wants to invest in real assets as you mentioned and at this time of course people will try their best to be able to accumulate a number of Bitcoins because they will be very confident that they will be able to make satisfactory profits when the price of Bitcoin increases in the future.

[Miles2006]

What I understood and I will definitely practice after building my bitcoin portfolio is diversification. I can’t go into bitcoin 100% fully without owning other asset, I can as well build my bitcoin portfolio after withdrawing for other investment choice. Ending bitcoin investment is not even right after spending so many years building a quality portfolio, withdrawing has a different strategy so an investor don’t end up messing around with their investment all just for withdrawing profit. Everyone will decide what’s best for their well being likewise decision making in terms of investment choice and profit, every investor will set a goal before thinking of investing with different plans.