Are you sometimes skeptical when you spend some bitcoins?

[Hamza2424]

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.

Not always most of supply is in the hold, most of the times traders make some limit trades and their high liquid supply is available for the buyers in the market so there's no issue until a certain period of time, on top of that when supply goes frozen state like long term holding exchanges manipulate the prices to a higher range to use their own holdings as liquidity for those who want to buy in FOMO.

[Mia Chloe]

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.

Sometimes the regions we stay have a direct effect on what kind of decisions we make especially when it comes to things like bitcoin and crypto currency spending. Most likely just like you said too , it's more difficult for people to transact conveniently in regions where the government are against or aren't in support of crypto. Unlike regions where the government fully welcomes crypto and crypto transactions.

Similarly there is a higher chance of finding people that really don't fancy crypto and bitcoin transactions in areas or regions where they are banned. Selling isn't like a regret though it can be a little saddening to see a nice pump after you spent some coins. Anyways it isn't much of a big deal though especially as you transact more.

[Zed0X]

I hesitated every time I had to sell BTC to purchase or pay something because I understand that I could be missing out on the future profit. It's a bit tough but there are times when you have to do what you got to do. It is what it is.

[NotATether]

No because Bitcoin is intended to be used as P2P cash, so of course people should be spending it to buy stuff. It is not some kind of investment property like real estate or stocks or bonds or gold that you cannot use.

I hesitated every time I had to sell BTC to purchase or pay something because I understand that I could be missing out on the future profit. It's a bit tough but there are times when you have to do what you got to do. It is what it is.

You only miss out on a small amount of profit unless you are buying some expensive item such as a car or a house or something else worth a lot of money.

[Hisbullah]

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.

Sometimes the regions we stay have a direct effect on what kind of decisions we make especially when it comes to things like bitcoin and crypto currency spending. Most likely just like you said too , it's more difficult for people to transact conveniently in regions where the government are against or aren't in support of crypto. Unlike regions where the government fully welcomes crypto and crypto transactions.

Similarly there is a higher chance of finding people that really don't fancy crypto and bitcoin transactions in areas or regions where they are banned. Selling isn't like a regret though it can be a little saddening to see a nice pump after you spent some coins. Anyways it isn't much of a big deal though especially as you transact more.

If we are in a country that prohibits crypto, especially Bitcoin, we should be careful in making transactions and talking to other people for fear that it will have bad consequences for us, such as being reported to the government or authorized agencies.

[Kemarit]

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?

Of course, sometime it will just crossed you mind, whether to spend it or not because your crypto mind pump in the next coming months or years. But if you treat your crypto as a sound money, maybe you can still be a skeptics, but that's how it should be like money.

Because if you constantly think of that, or have a mindset like that, then just be a long term holder or not be in crypto after all. You can have this analogy as well when you travel  to abroad and keep on thinking of what will be the exchange rate of your local fiat to the currency of the country that you are in. If you keep on converting then you will not enjoy your stay in our countries, just saying.

[$crypto$]

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.

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.

Maybe my language is a little different from what you said, but our meaning is the same. Bitcoin can experience a very deep decline, but in a certain period bitcoin will rise again and will reach ATH again.

This is what we can see from the movement of bitcoin for years. This has been my main investment and as an alternative I invest in altcoins that are not as large as bitcoin.

[MrSpasybo]

I hesitated every time I had to sell BTC to purchase or pay something because I understand that I could be missing out on the future profit. It's a bit tough but there are times when you have to do what you got to do. It is what it is.

I’ve often found myself in a similar situation, particularly when allocating BTC to acquire various ALTS only to witness a subsequent surge in BTC value while ALTS experience a significant downturn. Despite the regret associated with such misjudgments, it's imperative to accept market realities.

A comparable experience arose when I DCA both BTC and ALTS following the halving event, anticipating substantial gains from ALTS. However, this expectation has yet to materialize due to the ongoing Bitseason. To alleviate these feelings, it's crucial to acknowledge that financial markets are inherently designed to induce stress, regret, and self-doubt. As long as these markets persist, opportunities for profitability will endure. It's simply a matter of executing necessary actions at opportune moments, including the sale of BTC.

[Azharul]

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.

Maybe my language is a little different from what you said, but our meaning is the same. Bitcoin can experience a very deep decline, but in a certain period bitcoin will rise again and will reach ATH again.

This is what we can see from the movement of bitcoin for years. This has been my main investment and as an alternative I invest in altcoins that are not as large as bitcoin.

I am also agree with your comment for your better discussion. I also like for holding bitcoin. Because we know that bitcoin is one of the best valuable crypto in cryptocurrency market. We also know that many general people were comes from bitcoin for earn huge profit from bitcoin. So i believe that bitcoin will be future assets in cryptocurrency market. But sometimes we saw the bitcoin price were down, then we will be skeptical for bitcoin. But in next we saw that gradually bitcoin price will increase. So i am not skeptical for this situation.

[Crypto Library]

In my case it's different. I feel skeptical about investing in any other cryptocurrency or alternative coin except Bitcoin.
Even then I have some of investment on altcoin but I always skeptical about it.  But bitcoin is different here because of its facts like the fully decentralized eco system no central control here, full privacy, no paid developers all are voluntary and have good prices and have more better future.
But yeas I have in fear in my that it is an virtual asset And I'm afraid if I ever get phished about this.

[examplens]

No because Bitcoin is intended to be used as P2P cash, so of course people should be spending it to buy stuff. It is not some kind of investment property like real estate or stocks or bonds or gold that you cannot use.

Exactly this. I use Bitcoin and some other cryptocurrencies almost every day, paying for some services, subscriptions, etc... If I only need fiat, then cash out Bitcoin, without worrying about what the price will be in a year.
If I trembled every time I spent Bitcoin, I would have had several heart attacks by now.

[bitterguy28]

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.

well i do not like to think of it like that bitcoin as much as an investment is still a currency and currency is used to purchase products or services so basically you are exchanging your coins for a product or a service the way you would exchange fiat for a product or a service

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?

we can compare this to fiat currencies some people are a bit hesitant to purchase something in usd if it is more expensive than their local fiat i guess we can apply this on bitcoin as well the difference is you really do not hold fiat as much as you would bitcoin

at the same time i think this depends on how much coins you have and what are your plans i am pretty sure that someone with many bitcoin will not be as concerned or worried when spending it meanwhile someone with not even 1 btc will be very hesitant to spend it on things that are not really as necessary

[Parzival204]

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.

That's right. It depends on each person's principles. Most investors want the highest price so they hold onto their coins for quite a long time. But some investors choose short-term investments, by only taking a small profit to use for their daily needs. If only people could be a little patient, and hold the coins for a long time and sell them when they are in a bull run, of course he will get more profit than just meeting his basic needs and lifestyle

but it is better for us to save some of the coins for long term investment and spend some of it for personal needs We

[Z-tight]

We can agree that not everyone can easily find merchants in real life that are ready to accept BTC as payment, but people who are lucky to have such actually do spend a little amount of BTC in those stores. There are also a lot of online services that accept BTC, and people utilize those payment options, i wouldn't spend a large amount of BTC, but i don't mind spending a few dollars worth, the feeling is worth it.

[Hisbullah]

We can agree that not everyone can easily find merchants in real life that are ready to accept BTC as payment, but people who are lucky to have such actually do spend a little amount of BTC in those stores. There are also a lot of online services that accept BTC, and people utilize those payment options, i wouldn't spend a large amount of BTC, but i don't mind spending a few dollars worth, the feeling is worth it.

BTC cannot be used for transactions in my country, but it has been allowed by the government for investment. It is indeed not easy to transcend with BTC in a country that has not legalized Bitcoin as a payment method, but I am grateful for being allowed to invest in Bitcoin. Trading on your bus Exchnate, Dude. both global ehange and local exchange.