Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: golden0000 on July 14, 2024, 05:57:20 PM
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Hey everyone,
I'm curious—what are you all buying with your coins these days? Whether it's something practical, a collector's item, or just something fun, I'd love to hear what you're spending your hard-earned coins on.
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OP, what exactly are you asking of? Is it what we buy with our money these days? If it is, I buy bitcoin and buy practical things I need. I don't buy things that are not relevant to my livelihood and future. Gone are the days when someone spends their money unnecessarily without thinking of spending it wisely. People no longer buy things for the sake of others or to show off. People buy things because they need it the most
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I want to easily catch your question where i am using my holding coin these days! Its simple analysis that holding one of the items can bring you a large portion of profit. Moreover we are holding the coin because of the future profit, so it is only used when the price of the coin increases. Moreover you can use those tokens for various purposes like trading, holding, ido and many other places. There should be provision for investors within the development program of those projects. There are many ways to use your invested tokens in crypto, but everything depends on your strategy and experience.
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I used my crypto to pay stuff occasionally, mainly because the fees are cheaper and I don't have to give my data for that. For example, paying for my VPN, hosting service, etc. Some services do require you to submit an ID to pay with crypto, but there are tons of alternatives out there as long as you are not dealing with thousands of dollars per month. It's very convenient and easy to do. That being said, I believe the majority of people either hold their crypto for the bull run or continuously move them to increase their capital through trading, passive income, etc.
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I do not think that anyone who continued to hold Bitcoin when the price was $70,000 would plan to sell now (unless it was an emergency sale), so there will be no clear answer to the question because you will not know whether you will sell at 100,000, 150,000, or 200,000.
In general, you should not tell others what cryptocurrencies you have or what you intend to do, but I plan to reinvest again in Bitcoin after the price collapse.
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I used my crypto to pay stuff occasionally, mainly because the fees are cheaper and I don't have to give my data for that. For example, paying for my VPN, hosting service, etc. Some services do require you to submit an ID to pay with crypto, but there are tons of alternatives out there as long as you are not dealing with thousands of dollars per month. It's very convenient and easy to do. That being said, I believe the majority of people either hold their crypto for the bull run or continuously move them to increase their capital through trading, passive income, etc.
Indeed, payments via cryptocurrency can really be a convenient and efficient way to make your transactions, especially for little purchases like VPNs as you've mentioned, and then again, we can't overemphasize the security and anonymity it offers which is also an added advantage for those view crypto as a means of exchange, because different people has different perspectives of crypto, some view it as store of value and some other persons, as a way to generatr passive income.
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Op, you don't have to ask such questions. And if you must know there three basic needs of all or everyone on this planet earth. And the number one is food. So if I can use my hard earn coins to buy food and feed myself and my family then that is okay, then second is house. If I used the coins to rent house to stay or build or buy house then I have done well with them and finally clothing. I won't stay naked so I have to buy clothes. So is there anything else you want to know again? And those are the things I spend my coins on.
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I use 5% of my coins that I earn weekly on stuffs that I need to satisfy myself while I keep 95% in my bag just hodli and waiting for the right price target to appear before selling 45% of my coins. I gamble with 1% and I buy use the remaining 4% for emergencies. If it is the coins that I bought with fiat, I don't touch them at all because it was bought for long term hodling.
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Hey everyone,
I'm curious—what are you all buying with your coins these days? Whether it's something practical, a collector's item, or just something fun, I'd love to hear what you're spending your hard-earned coins on.
Nothing that I am buying these days because i am enough to what am holding , though I still have some funds inside my pocket to re enter buying yet still undecided .
but lets see about Solana because this is the one that I am eyeing now because of its potential , though many says this is overhyped ? what you think?
I use 5% of my coins that I earn weekly on stuffs that I need to satisfy myself while I keep 95% in my bag just hodli and waiting for the right price target to appear before selling 45% of my coins. I gamble with 1% and I buy use the remaining 4% for emergencies. If it is the coins that I bought with fiat, I don't touch them at all because it was bought for long term hodling.
specific items about that 5% mate?because op seems to be asking to what we are buying? but yeah like me i am not buying anything now .
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Hey everyone,
I'm curious—what are you all buying with your coins these days? Whether it's something practical, a collector's item, or just something fun, I'd love to hear what you're spending your hard-earned coins on.
I seldom withdraw my coins to buy something in material, but if I need to upgrade my computer or buy new hardware for my computer, that's the time that I will sell my coin, in the past where my proifit from the coins I'm holding were good. I bought household needs and furniture and to fix our house.
Profit from my coins are not this good so lately I'm seldom buy stuffs.
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I withdraw the coins that I have earned and convert them for money for my daily expenses and for buying things and when a coin has the potential to increase its value sometimes I hold it to increase possible profit
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I use 5% of my coins that I earn weekly on stuffs that I need to satisfy myself while I keep 95% in my bag just hodli and waiting for the right price target to appear before selling 45% of my coins. I gamble with 1% and I buy use the remaining 4% for emergencies. If it is the coins that I bought with fiat, I don't touch them at all because it was bought for long term hodling.
This seems like a good plan and may grow your investment portfolio in the long run. But the only problem is that long-term investment is not profitable in most cryptocurrencies, so you should be careful. Also, when you make profits, it is better to withdraw your capital and leave the profits in the same cryptocurrency, and then it will be as if you bought it for free.
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I'm curious—what are you all buying with your coins these days? Whether it's something practical, a collector's item, or just something fun, I'd love to hear what you're spending your hard-earned coins on.
I'm not buying anything with my coins because I'm currently holding my coins and accumulating more of it each week and month by following a DCA and dip buying strategy of my own. I believe in when the bull market reaches its peak then most of my coins will give me 2x to 10x profit and by then I will sell some of my long term holdings and re-buy those at cheap rates when bear market gets intense.
I do trade with my some coins and secure profits from time to time but I'm not going to sell or do anything with the coins that I'm going to hold for long term. In crypto when you can't hold your coins then you're not going to make any profits but face loses time after time.
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Just when you think ther will.be a bull market after halving, the current price may just be the cheapers we could even get to see for it may not dip as low as this anymore.
However if you are not as optimistic as moon boys, I guess its not a buy time. I have doubts too because the market is just harder to predict. 100k may not be achieved until the next halving.