Don't regret to spend your Bitcoin it is your money.

[Cleanslate_]

To spend bitcoin nor be bad thin oo, na how wise you spend am na him matter, nor let the joy sey you don dey into bitcoin carry you go come think sey you nor fit fall down financially, if you nor plan you life and investment well den ready sey the life go plan you .

As an individual we know wetin dey important so our life instantly because for me I nor see car as important thing wey go make me sey I must buy as bitcoin don dip, make we also know sey our Naira don spoil finish , dis present regime don spoil am finish and inflation everywhere so na how much of him investment now him go withdraw take buy car wey we nor dey for bull run, bull run give us Naija people a lot of opportunity to achieve wey tin we wan achieve for life na him make wen we enter bear season we nor dey happy at all but just dey pray make e nor end because our country nor dey help us at all so make we help ourselves at the right time for me car nor too dey important now, nar to accumulate and hold my coin tight till bear season end den I go come enjoy for bullish season.
Reason before you spend, Bitcoin nor dey fall nar rise e dey rise

[Franctoshi]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

[Abdulzuruku01]

The thing be say if you no get better update or intentions for Bitcoin investments then you go mistake because many people dey see am an opportunity to make big money and even go to the extent of making aggressive moves with their money and na do dem day take rush even put money wey dey in use of other things like basic necessities like feeding and handling life issues for the purpose of buying Bitcoin and Bitcoin as a whole na risky investment and if you are not all your money will be wasted when their is dump in prices

Normally bitcoin na opportunity to make big money, but you knw some Naija people dey think am like maybe bitcoin na wetin go just give dem sharp sharp money or whr to take make free money. Na why u go see dem dey make bad move with dere bitcoin investment, some go borrow money take buy bitcoin and some sef go use money wey dey no fit afford to lose buy am in di name of dey wan make big money. Dis bad move don make most of dem sell dere bitcoin in panic. Bitcoin na opportunity e be for everybody to make big money if you sabi am. If you dey continue to dey buy and hold am for long term, e sure say one day you go make better profits from bitcoin.

[RockBell]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

What anyone wants to do with their bitcoin is in the hands of whoever is holding it, and at some point, I think when you make a profit, I don't think there is anything wrong with spending your profit and then keeping the capital because that is the most important thing to do. When you are holding Bitcoin, you should know that you are investing because you want to make a profit. As long as nothing is affecting the capital, then that should not be a problem, because we are always getting the wrong idea about when to take profit. But we should have a plan when it comes to investing in Bitcoin.

[Derekfunds]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

What anyone wants to do with their bitcoin is in the hands of whoever is holding it, and at some point, I think when you make a profit, I don't think there is anything wrong with spending your profit and then keeping the capital because that is the most important thing to do. When you are holding Bitcoin, you should know that you are investing because you want to make a profit. As long as nothing is affecting the capital, then that should not be a problem, because we are always getting the wrong idea about when to take profit. But we should have a plan when it comes to investing in Bitcoin.

You are right, different people have have different plan and what they want to do with their Bitcoin investment but an investors is not supposed to have this mindset of buying and selling when they have seen a little profit that is not Bitcoin investment rather what that is, is pure gambling or trading and If someone is using their discretionary income which is money they can afford to lose I don't think they will have the zee of wanting to sell because of a little profit even if they are investing to make profit.

[sokani]

Just like the topic says, we shouldn't regret spending our Bitcoin because it's our own. If you have reached your over accumulation stage, it's okay to take some of it to settle somethings and maybe grab some fun, yea. I don't think it's that bad.

I agree with dis part of your statement. The fact say Bitcoin nah long term investment nor mean say person no go fit spend am. Person fit, but nah to dey smart about am

Let's say you accumulate all thru di bear season and wen bull season reach, you fit sell like 30% of your bag and use di money invest on anoda thing, like buy a piece of land or something and then buy yourself a drink too for a job well done. The next cycle you start accumulating again.

Me as a person, I can actually withdraw some chunk of my holdings to solve some issues even when am not in my over-accumulation stage yet. Of our, like you mentioned, we bought Bitcoin for ourselves, to be used and not for Bitcoin to use is, lol.

Well, nobody wish to sell at di wrong time, but wen serious challenge hit you and you don exhaust all your options, I guess nah to sell.

[Emjay24]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

The mistake the guy made from the story was thinking bitcoin price would remain in 6 digits until December. Bitcoin is volatile in nature and as such the price fluctuates. He would've taken out the funds he needed for the car off bitcoin and maybe kept it in stable coins if he didn't want to get the car before December, meanwhile getting a car towards a festive season is another bad decision because the prices of commodities tends to shoot up at such moments.

I still support him to keep holding, a car is a liability and maybe it was not a need to him, hopefully in the next bull run he would make more profits and use less sats to buy the car. I may surely be one good decision he made to delay the purchase.

[DYOR+BTC]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

This budgeting and goal identification is what many fails to understand before making use of their invested and saved assets. After many years of consistent investment with a primary objective of gaining stability financially, some are carried away by the outcome of there investment that is if it turns positive and at times spend it in a very wrong way.

Bitcoin investment is a very good life saving strategy that always turns positive when needed which i conclusively think is one of the best investment program, although to an extent many faces lost but that is never enough reason to write it off.

[icebar]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

What anyone wants to do with their bitcoin is in the hands of whoever is holding it, and at some point, I think when you make a profit, I don't think there is anything wrong with spending your profit and then keeping the capital because that is the most important thing to do. When you are holding Bitcoin, you should know that you are investing because you want to make a profit. As long as nothing is affecting the capital, then that should not be a problem, because we are always getting the wrong idea about when to take profit. But we should have a plan when it comes to investing in Bitcoin.

You are right, different people have have different plan and what they want to do with their Bitcoin investment but an investors is not supposed to have this mindset of buying and selling when they have seen a little profit that is not Bitcoin investment rather what that is, is pure gambling or trading and If someone is using their discretionary income which is money they can afford to lose I don't think they will have the zee of wanting to sell because of a little profit even if they are investing to make profit.

Everyone has their own plan, and can invest according to that plan. The one who is investing in Bitcoin has the freedom to sell his Bitcoin at any time. But what I want to say is that those who plan for long-term investment should not sell Bitcoin after considering a small profit. Those who will try to sell for a small profit are trading Bitcoin. There is a big difference between a trader and a long-term Bitcoin investor. Investors never move towards a small profit.

Not everyone's income is the same, which is why not everyone has the ability to invest in Bitcoin if they want, but those who have a long-term plan and continue to invest regularly from their discretionary income, they will definitely get the opportunity to build a large portfolio which will help them turn into a large investment in the long run. Those who will sell Bitcoin for a small profit will miss the opportunity to accumulate Bitcoin later.

[Silikiem]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

This budgeting and goal identification is what many fails to understand before making use of their invested and saved assets. After many years of consistent investment with a primary objective of gaining stability financially, some are carried away by the outcome of there investment that is if it turns positive and at times spend it in a very wrong way.

Bitcoin investment is a very good life saving strategy that always turns positive when needed which i conclusively think is one of the best investment program, although to an extent many faces lost but that is never enough reason to write it off.

When starting to invest in bitcoin, investors need to set a clear goal or target for his investment. Any investment made without a targeted plan will be subjected to failure. The main goal of a bitcoin investor should be based on building a strong bitcoin holdings first which can only be achieved by regularly and consistent buying of bitcoin and hold, not for making a quick profit but for long term sustainability.  Another important thing to note as a bitcoin investor is the ability to make the  right financial decisions regarding our income because without such it would be difficult to set out a discretionary income to use in buying bitcoin. An investor with the right financial management skill will be able to make a good financial decision regarding his finances or bitcoin holdings.

[Zackz5000]

I know that Bitcoin is good to hold for many years so that it's value will increase very well and you will make a lot of profit. What if you have long term plan on what to do with your Bitcoin like in the next 8 years and it happens that it fall into bear run at that time meaning that price has dip. What will you do, will you go ahead and sell or hold it till the next bull run?

Why I brought this topic up is because I have a friend that has been into Bitcoin investment for many years before I even knew about Bitcoin, clearly he has made a lot of profit from it. In the middle of this year he told me that he was going to buy a car in this December, from his Bitcoin profit. We were very happy about the ATH a few months back and he said that he couldn't wait for December, to buy the car. To my surprise he hasn't bought the car till now, his reason was that price is bellow $100,000. He has postponed the car matter indefinitely till there is a new ATH.

I told my friend that he is greedy that afterall he has made a lot of profit from Bitcoin that he should have bought the car despite the dip. I think that if we have made profit and our long term goal of holding Bitcoin matures we should spend the Bitcoin because it is our money. No need to consider whether it falls into bull run or bear run because we are in already in profit over the years.

Your friend is not in a hurry to sell out his accumulated Bitcoin and remain a no coiner, even though his plan of buying him self a car from his Bitcoin investment failed it doesn't also mean that he can't buy the one more expensive than the one he wanted to buy before. Bitcoin is a store of value as long as you don't depend on your Bitcoin to feed or do other things you can still hold it till you get what you want, Bitcoin is volatile the price no fit dey one place e go come down e go still go up, then if you know that you have accumulated to the year you plan to start selling and the price hasn't increase to your expectations or it has Dip to the price that if you sell you won't be at any profit just keep holding it so that you won't regret selling when it hit up an ATH (All time high).

[GiftedMAN]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

This is how it is supposed to be because everyone who started Bitcoin investment have their goals of investing and if they meet their goal then it is up to them to decide what they intend to do with the profit they have made so far. Some people who had plans to continue investing cdn decide to use the profit to execute some projects while they reinvest their capitals some cen decide to sell off all their holdings then target another dip to continue it is just a matter of everyone's personal decision and goals.

[Shineup]

If you actually know your plans, I don't think you should get panic at some point with what to do with your Bitcoin investment portfolio. If I'm investing let's say, with the aim of building a house with it or buying a car, Land and whatsoever. I should know my target plan and what to do exactly when that time comes. Bitcoin rises or falls, if the profit target is met.I excute my goal.

I got your point, it can be true that some people falls in the category of taken things too common or casual. In line with what you are saying, not having a plan in your investment means that your investment doesn't have a direction and you can easily get manipulated by your emotions or things happening, and frequently make wrong decisions, having a plan of your investment is more like having a direction which could only lead you to your destination through focus and perseverance.

[Smartvirus]

I got your point, it can be true that some people falls in the category of taken things too common or casual. In line with what you are saying, not having a plan in your investment means that your investment doesn't have a direction and you can easily get manipulated by your emotions or things happening, and frequently make wrong decisions, having a plan of your investment is more like having a direction which could only lead you to your destination through focus and perseverance.

Are there people that don’t have plans for their investment?

I truly doubt that, I really do. Everyone that conceives the idea to invest definitely has a plan on how they intend to manage and what they intend to get from that investment. At times it might be unrealistic, at times these goals are met and at other times, it could result in a loss. Either way, there is always a plan.

Your success or failure can be as a result of you having to stick to the plan, being flexible with the plan and try to be realistic as possible with the trending condition for which you are invested. Letting emotions direct your decision making would be one way to get things wrong as the field leaves no room for emotions.

[Crypto_Timothy]

I told my friend that he is greedy that afterall he has made a lot of profit from Bitcoin that he should have bought the car despite the dip. I think that if we have made profit and our long term goal of holding Bitcoin matures we should spend the Bitcoin because it is our money. No need to consider whether it falls into bull run or bear run because we are in already in profit over the years.

Maybe it is greed, maybe your friend has a set goal, i see this is an old post from last year December and i wonder if he has bought the car now or if he decided to wait again. See, i think depending on how you view the sitaution, you will either say it is greed or it is not. I feel like your friend might have some context as to why he keeps changing his mind, i mean, you should never tell a man what to do with his own money, that is something i truly believe in. I feel like there is a genuine reason your friend keeps moving his date and even if there isnt one, i mean its his own money, his choice and all.

[Shineup]

I got your point, it can be true that some people falls in the category of taken things too common or casual. In line with what you are saying, not having a plan in your investment means that your investment doesn't have a direction and you can easily get manipulated by your emotions or things happening, and frequently make wrong decisions, having a plan of your investment is more like having a direction which could only lead you to your destination through focus and perseverance.

Are there people that don’t have plans for their investment?

I truly doubt that, I really do. Everyone that conceives the idea to invest definitely has a plan on how they intend to manage and what they intend to get from that investment. At times it might be unrealistic, at times these goals are met and at other times, it could result in a loss. Either way, there is always a plan.

Your success or failure can be as a result of you having to stick to the plan, being flexible with the plan and try to be realistic as possible with the trending condition for which you are invested. Letting emotions direct your decision making would be one way to get things wrong as the field leaves no room for emotions.

From the user I quoted, the insight about those who may not have made plans for their investment came off as of a situation where someone are just investing maybe because others are investing and without having a targeted plan that they are looking forward to through which they will utilize the fruitfulness of their investment, yes there are people who may likely not plans for their investment and we can't compared the effort of those who have plans and those who doesn't have plans towards the success of their investment, one is actual and intentional while the other is casual and unintentional. But one thing which is for sure is that having a plan doesn't guarantee the success of your investment, though it can be a driving force.

[MorganaX]

Omo this stuff don happen to, after investing little by little for some years I had the intention to sale atleast a few to reward myself for my effort because it grew to some substantial amount, the problem be say e kon hit ATH last year, I de see my money de appreciate for my eyes but still I say make I wait small, omo till now I still de wait. So if you want to spoil yourself, I think it's better you make your mind or you just invest with the mindset that that money is untouchable.

[Sally9256]

Omo this stuff don happen to, after investing little by little for some years I had the intention to sale atleast a few to reward myself for my effort because it grew to some substantial amount, the problem be say e kon hit ATH last year, I de see my money de appreciate for my eyes but still I say make I wait small, omo till now I still de wait. So if you want to spoil yourself, I think it's better you make your mind or you just invest with the mindset that that money is untouchable.

I would say almost everybody don get this kind experience. Even if e no reach the amount wey person fit use buy car but so long as person invest for bitcoin, them de get this atom of greed wey go de with person. E don happen to me and even most of my friends wey de into bitcoin.

So the whole tin to mindset, just set your target and as soon as he hit your target you go jus try Comot the profit wey you need then use an do Watin you wan do.

As we de invest, make we de try also spend from am, besides investment suppose make our live better and easier. So invest, set target and invest again.

[Samuel47]

Don't regret to spend your Bitcoin it is your money Spending Bitcoin is a personal financial choice Because Bitcoin functions as a medium of exchange, using it to buy goods, pay for services, or enjoy profits fulfills its core purpose as money rather than just an asset to hoard like example Direct Purchases Buy electronics, travel bookings, or luxury items directly from merchants that accept crypto Crypto Debit Cards Use services like BitPay or Coinbase to spend your balance anywhere regular cards work Peer-to-Peer Goods Pay local or online vendors who accept on-chain or Lightning network transactions Utility Money is meant to be used to meet needs or bring value to your life No Regrets Hindsight regarding future price changes can cause unnecessary stress or past spending decisions reflect choices made with the information available at the time for me spending on bitcoin is your money because it your long time investment when you start investing in bitcoin you earn massively for example you can start with 10$ and you can't buy bitcoin when is high rate you can buy when is low rate them with time you start earning don't regret spending on bitcoin like i said bitcoin is long time investment