Are you sometimes skeptical when you spend some bitcoins?

[Mia Chloe]

The crypto market is a dynamic and balanced market of both profits and losses as well as buyers and sellers in terms of volume. Now in as much as we say it's best to buy in dip , not everyone HODLs or buys in dip. Now the reason is quite simple, if everyone should HODL on to their coins during dips , how then will buyers get the coins they wish to HODL?.
Some one is probably thinking of quickly saying mining well think of mining as exchanging your electricity and maintenance bills for some bitcoins which from a point of view is like Hodling without actually buying.

Now where am I driving towards?
Well it's simply spending your coins. When you spend your coins on something say a pair of sneakers for example, it's like selling off your coins for some item with an equivalent amount in fiat. So it's like selling your coins for some fiat.

Some persons transact constantly with bitcoin and others HODL mainly both keeps the market in balance. However as a spender do you get skeptical about spending your coins especially in pump periods like this?

[$crypto$]

I personally am always optimistic about bitcoin, because I feel something extraordinary when holding bitcoin, it cannot be denied that profit is one of them.

When other people panic because the price of bitcoin is falling, I prefer to use it to buy again, and when the increase arrives I believe that I cannot take it yet, I mean the increase has not reached the target. So instead of transacting using bitcoin to buy something, I prefer to continue holding it.

[nakmantu99]

I personally am always optimistic about bitcoin, because I feel something extraordinary when holding bitcoin, it cannot be denied that profit is one of them.

When other people panic because the price of bitcoin is falling, I prefer to use it to buy again, and when the increase arrives I believe that I cannot take it yet, I mean the increase has not reached the target. So instead of transacting using bitcoin to buy something, I prefer to continue holding it.

Bitcoin is the safest coin in terms of risk when compared to altcoins, that is a fact that we have observed so far. when bitcoin goes down and we should make a purchase so that when the price of bitcoin goes up we can make a profit. because bitcoin is relatively stable when compared to altcoins. that is according to my observations so far.

[KryptoBull]

The crypto market is a dynamic and balanced market of both profits and losses as well as buyers and sellers in terms of volume. Now in as much as we say it's best to buy in dip , not everyone HODLs or buys in dip. Now the reason is quite simple, if everyone should HODL on to their coins during dips , how then will buyers get the coins they wish to HODL?.
Some one is probably thinking of quickly saying mining well think of mining as exchanging your electricity and maintenance bills for some bitcoins which from a point of view is like Hodling without actually buying.

Now where am I driving towards?
Well it's simply spending your coins. When you spend your coins on something say a pair of sneakers for example, it's like selling off your coins for some item with an equivalent amount in fiat. So it's like selling your coins for some fiat.

Some persons transact constantly with bitcoin and others HODL mainly both keeps the market in balance. However as a spender do you get skeptical about spending your coins especially in pump periods like this?

I usually buy BTC during uptrends and sell it at the early stages of downtrends. I rarely do the opposite because I have a stable income from my job and don't need to sell BTC hastily.

Paying with BTC is considered illegal in my country, so I can't buy anything with it. If I have a really important need, I'm willing to sell my BTC for fiat because BTC is not my ultimate goal. I accumulate BTC to be able to solve real-life problems for myself and my family, I don't hold BTC just to watch the balance in my account.

[hugeblack]

Perhaps because everyone knows that the value of Bitcoin can increase, traders and people who are forced to sell due to paying bills or any other reason are often forced to sell. Otherwise, it is rare for hodlers to sell Bitcoin for less than $100,000 unless something very bad happens.

[Crwth]

I believe it's always going to be a dilemma with people who are HODLing because it could be enticing to sell what they have if the price of Bitcoin is high. There's always going to be an effect to the person if he/she consistently watches the price of it.

This is just the market working with some people selling and others buying it and having an agreed price upon. It's always going to be a skirmish with this.

[Findingnemo]

There are HODLerw but there are also traders, weak hands and you ever see low volume on the exchange or in coin marketcap site for Bitcoin?

Which means we never runs out of liquidity especially for Bitcoin and you know what if everyone refuse selling their stash which is when the price will shoot up to the moon so anything is good.

[Dzwaafu11]

The crypto market is a dynamic and balanced market of both profits and losses as well as buyers and sellers in terms of volume. Now in as much as we say it's best to buy in dip , not everyone HODLs or buys in dip. Now the reason is quite simple, if everyone should HODL on to their coins during dips , how then will buyers get the coins they wish to HODL?.

When they said market. You should know that buying and selling is impossible; there is no way trading will stop in the crypto market. People must buy and sell in the market, so at anytime buying and selling will take place, and we can’t do anything about it. So anytime hodlers wish to hodl Bitcoin, they will see it, but unless they don’t have money.

Well it's simply spending your coins. When you spend your coins on something say a pair of sneakers for example, it's like selling off your coins for some item with an equivalent amount in fiat. So it's like selling your coins for some fiat.

It’s funny, though. And it never happened to me before. Anytime I want to spend, I don’t touch my bitcoin because I believe I have already invested in it and planned it for a long time, so I don’t really touch my bitcoin. I use my extra money to buy what I want as a bitcoin investor. I don’t think it is a good idea to touch your investments when they are still yet to reach your target just because you want to buy something.

[taufik123]

Now where am I driving towards?
Well it's simply spending your coins. When you spend your coins on something say a pair of sneakers for example, it's like selling off your coins for some item with an equivalent amount in fiat. So it's like selling your coins for some fiat.

It depends on what your goals are for trading, if to meet your needs it is not wrong and it is quite normal.
But you need to know and have to do management, how much you should hold on to for the long term, and which ones to use for quick trading as well as how much to use to meet your needs.

All things to think about, it's not just about spending bitcoin aimlessly, it's going to be a long-term investment with high returns, and you'll end up getting more out of it.

[0t3p0t]

Well of course I think most of us are skeptical when spending Bitcoins because of the fact that anytime prices may go up. But unfortunately, we need to spend it due to emergencies like we need money immediately and we do not have enough extra to be used for the specific purpose. Lucky to those who are holding their Bitcoins for pure investment and they can hold it for long but for me nah because I don't have stable job right now.

[Stompix]

Which means we never runs out of liquidity especially for Bitcoin and you know what if everyone refuse selling their stash which is when the price will shoot up to the moon so anything is good.

When everyone refuses to use his stash usage will plummet, casinos and shops won't accept Bitcoin anymore because there are no users, people will not be interested in trading anymore and after a surge, it will go back to the days when nobody used it at all!
If Lazlo hadn't spent his 10k coins on two pizzas we would still be at $10 per coin now!

[superman22]

Yes, and sometimes, when using bitcoins, I get slightly skeptical, especially during the pumps. While bearish markets are the best time to HODL, not everyone does that, but you do not need a huge quantity to trade to let your profits ride – that is what this market just stays anchored on: constant buyers and sellers. If everyone held their coins, there would be no liquidity for buyers. Such represents an aspect of the threats of using digital currencies. Expenditure of bitcoins for instance acquiring sneakers is closely related to the process of trading the bitcoins for fiat. This transaction makes the market rather active. It’s important that both constant transactors and Holder's exist in abundance to keep the market in check. Nevertheless, the use of bitcoins slightly becomes tense during pump periods, mainly due to the concern of missing out on profits.

[milewilda]

Which means we never runs out of liquidity especially for Bitcoin and you know what if everyone refuse selling their stash which is when the price will shoot up to the moon so anything is good.

When everyone refuses to use his stash usage will plummet, casinos and shops won't accept Bitcoin anymore because there are no users, people will not be interested in trading anymore and after a surge, it will go back to the days when nobody used it at all!
If Lazlo hadn't spent his 10k coins on two pizzas we would still be at $10 per coin now!

But good thing he did and that makes history and even if he does not but there would be a time that other people might do but of course we cant be able to tell on what are the actions
to be made by someone whether this one could happen or not but its true that if that one didnt happen then we might be seeing Bitcoins price havent be able to reach up on where is it now.

Going back int the topic in speaking about being skeptical on making use or spend your Bitcoins then it would really be on someones personal approach.
Yes, its something that a thing that you could pay up online but due into its money making or profits that you could be able to make just on holding it, then its
not shocking that people would really be seeing this to be an investment that they shouldnt be wasting of.

[target]

For someone who has a lot I think they would hold their coins for awhile hoping to gain when the price shoot to the moon. Me who only have fraction of BTC it will greatly amplify my profit if the growth is just 3k after a week.

But turning it to USDT is the best option. Prevent loss while pump is just a pump. So far it helped me accumulate.

[sampoerna]

Now the reason is quite simple, if everyone should HODL on to their coins during dips , how then will buyers get the coins they wish to HODL?.

Well, although holding is one of the most worthwhile things to do and is recommended especially for certain coins, it does not mean that everyone will definitely hold Bitcoin. because there are still many active traders who make it even more dynamic, then there are short-term holders whose targets are not high, but to get profit and then set at a certain price again. While for long-term holders usually also have certain targets and strategies to be able to optimize their plans in the crypto space.

Some persons transact constantly with bitcoin and others HODL mainly both keeps the market in balance. However as a spender do you get skeptical about spending your coins especially in pump periods like this?

What is clear is that I personally will not be able to make direct transactions using our Bitcoin, because it is illegal in my country hehe. However, if I convert it first to fiat and use it for some purposes, hmm, sometimes I quite regret why I had to sell at that number. But on the other hand, I have no other choice and the best way is to sell only a few amounts, not all-in-one. As long as it is a reasonable and justified expense and urgent, but if I just want to buy something and it is not too important, of course I will regret it.