Are you sometimes skeptical when you spend some bitcoins?

[TomPluz]

So the idea is that even if we are always promoting people to buy at dip and HODL on for the long-term, we need some to really sell all because buyers would not be able to buy if there will be no sellers. Actually, we don't have to worry on this dynamic as the market of Bitcoin and crypto for that matter is now huge and even expanding everyday...and there are multitude of crypto exchanges that can do business with anyone as long as one is not billions and billions worth of BTC (though this can still be filled by OTC). When someone is spending his BTC, there is no need to feel skeptical as it is his money to spend in the first place...there is no need for that as we are still living in an open market where anyone can sell and buy anytime.

[yhiaali3]

Bitcoin holders will not think the way you do, Bitcoin holders will not be satisfied with spending their precious Bitcoin for a pair of sneakers or a piece of cheap hamburger, they invest Bitcoin for the long term to sell with high goals.

Initially, when Satoshi created Bitcoin and it was very cheap and not yet widespread, the goal of the Bitcoin community was to spread Bitcoin as a means of daily payment for small necessities, but after the price of Bitcoin rose and took off to unprecedented record levels, I expect that it will be very difficult for anyone to think about spending Bitcoin to buy daily necessities.

[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.

I agree with you. Because most investors feel that saving large amounts for a long time will make them more for the future. Meanwhile, they suffer in meeting their daily needs. So at least if you have some coins, it would be good if you invest some of it and some of it to meet your daily needs. Don't let it be because you only want uncertain profits that you put your daily needs at stake.

[pieppiep]

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.

I agree with you. Because most investors feel that saving large amounts for a long time will make them more for the future. Meanwhile, they suffer in meeting their daily needs. So at least if you have some coins, it would be good if you invest some of it and some of it to meet your daily needs. Don't let it be because you only want uncertain profits that you put your daily needs at stake.

Exactly, Bitcoin users tend to keep it as an expectant investment with view to have the digital asset appreciated higher in future than to be used as a form of payment. Because Bitcoin is so unpredictable in terms of price and has great potential for becoming a long-term store of value, many people believe that it would be unwise to spend Bitcoin on things like shoes or food. Originally Bitcoin was designed by Satoshi Nakamoto as a payment system for daily purchases, however today everything looks differently in the markets. Today people view Bitcoin as an investment tool as they buy Bitcoins with the intention of enjoying high returns in the distant future, even during the bull run cycle. This makes Bitcoin less used as a daily payment method than as a store of value.

[Fivestar4everMVP]

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?

Well, I have grown past the point when I usually or used to be skeptical when ever I had to sell off any amount in my bitcoin or Altcoin holding to sort out a pressing issue or acquire something my heart desires.
But then, those days are long gone, I perfectly understand that it's extremely important to invest, because it's only through good investments that we have a good future to look forward to, since In the future, it's possible for the investments we make today to become our main source of income then.

And this is why I have learnt to divide my crypto holdings into two, one is my investment and the other is for expenditures, I keep money for my expenses in crypto just incase there is a rise, I did make some profit regardless of how small.
Anytime I withdraw money from this account, be it bitcoin, or any other Altcoin, I don't regret it a bit because that is the purpose I kept the bitcoin on the account I withdrew it from.

But then, I try as much as possible never to temper with the funds I've invested for future gains, whatever happens that I have to make an emergency withdrawal from my investment account to sell, it's always painful and regretful, and I always try my best to see if I can replace it after the reason for the withdrawal is sorted.

[MRY]

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?

Well, I have grown past the point when I usually or used to be skeptical when ever I had to sell off any amount in my bitcoin or Altcoin holding to sort out a pressing issue or acquire something my heart desires.
But then, those days are long gone, I perfectly understand that it's extremely important to invest, because it's only through good investments that we have a good future to look forward to, since In the future, it's possible for the investments we make today to become our main source of income then.

And this is why I have learnt to divide my crypto holdings into two, one is my investment and the other is for expenditures, I keep money for my expenses in crypto just incase there is a rise, I did make some profit regardless of how small.
Anytime I withdraw money from this account, be it bitcoin, or any other Altcoin, I don't regret it a bit because that is the purpose I kept the bitcoin on the account I withdrew it from.

But then, I try as much as possible never to temper with the funds I've invested for future gains, whatever happens that I have to make an emergency withdrawal from my investment account to sell, it's always painful and regretful, and I always try my best to see if I can replace it after the reason for the withdrawal is sorted.

Well, one thing is to preserve the idea of having two aset of cryptos, one will be for investment and another one for expenses. It assists you to maintain a versatility in the ability to meet various needs that come across in the future without compromising on investment projects that are considered important in the future. Storing some money for costs in crypto is also good to do, because then you get extra earnings if the market increases. But when we need to take out cash for emergencies on the main investment account, I can only fathom how hard the process must be. This is how our lives are when trying to make a financial plan, there must be needs that we never thought of before.

[nakmantu99]

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?

Well, I have grown past the point when I usually or used to be skeptical when ever I had to sell off any amount in my bitcoin or Altcoin holding to sort out a pressing issue or acquire something my heart desires.
But then, those days are long gone, I perfectly understand that it's extremely important to invest, because it's only through good investments that we have a good future to look forward to, since In the future, it's possible for the investments we make today to become our main source of income then.

And this is why I have learnt to divide my crypto holdings into two, one is my investment and the other is for expenditures, I keep money for my expenses in crypto just incase there is a rise, I did make some profit regardless of how small.
Anytime I withdraw money from this account, be it bitcoin, or any other Altcoin, I don't regret it a bit because that is the purpose I kept the bitcoin on the account I withdrew it from.

But then, I try as much as possible never to temper with the funds I've invested for future gains, whatever happens that I have to make an emergency withdrawal from my investment account to sell, it's always painful and regretful, and I always try my best to see if I can replace it after the reason for the withdrawal is sorted.

In my opinion, we should invest in crypto with free funds because if it is used for savings for needs, when the price drops and we need the money we will experience a loss if we have to sell when the price drops. Unless we have large capital and USD reserves that we can use at any time.

[robelneo]

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 only spend my coins out of necessity There are instances where I only have Bitcoin to spend but if there are other options I will not use my Bitcoin to purchase, I experienced one time that after using Bitcoin to purchase something, there's a big pump and I could have made 4% profit from my spent Bitcoin, Using Bitcoin for purchase is my last option after I exhaust all means.

[Parzival204]

Of course Bitcoin is an option for investors, even though the price is expensive, investing in BTC will promise more profits if we hold it for a long time.
And Bitcoin has won the hearts of the public with its popularity and the consistency of its market price compared to other coins
Even though BTC experiences a downward trend at some times, people are optimistic that at other times BTC will rise again with higher prices and according to their expectations.

[satpol_PP]

Of course Bitcoin is an option for investors, even though the price is expensive, investing in BTC will promise more profits if we hold it for a long time.
And Bitcoin has won the hearts of the public with its popularity and the consistency of its market price compared to other coins
Even though BTC experiences a downward trend at some times, people are optimistic that at other times BTC will rise again with higher prices and according to their expectations.

History has proven that bitcoin will always touch a new ATH after experiencing a 4-year cycle, this is what makes investors remain confident that the price of bitcoin will rise a year after the bitcoin halving, it is estimated that next year we will see the price of bitcoin reaching a high ATH.

[Gurujebs]

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?

If am spending my Bitcoin, there is a reason why I'm spending it and it's because I know that I need it. I don't think twice before I sell because a need solution is money and that is what Bitcoin is all about and since I know there will be means to make up with the one I sold, I don't bother, when I have the money to buy back, I do.

I'm not too worry about Bitcoin going from here, even if the price go to $100k, I'm not sure we can have 100% from this place but it can pave way for the whole market to make a run for their money, we have be en stuck here for a while now and it's time to make some move, enough of this 50-60k game play of whales.

[nakmantu99]

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?

If am spending my Bitcoin, there is a reason why I'm spending it and it's because I know that I need it. I don't think twice before I sell because a need solution is money and that is what Bitcoin is all about and since I know there will be means to make up with the one I sold, I don't bother, when I have the money to buy back, I do.

I'm not too worry about Bitcoin going from here, even if the price go to $100k, I'm not sure we can have 100% from this place but it can pave way for the whole market to make a run for their money, we have be en stuck here for a while now and it's time to make some move, enough of this 50-60k game play of whales.

life needs remain a priority, and if we sell bitcoin before the price we plan is reached but there are needs that we must fulfill, we should not regret it, because needs are more important. And investment is using and free that we can invest. In investing in crypto, we must understand the risks because when there is a need, we will be forced to use our crypto assets to meet those needs.

[pieppiep]

life needs remain a priority, and if we sell bitcoin before the price we plan is reached but there are needs that we must fulfill, we should not regret it, because needs are more important. And investment is using and free that we can invest. In investing in crypto, we must understand the risks because when there is a need, we will be forced to use our crypto assets to meet those needs.

Well, facing an option where emergency life necessities have to be met, proper management of an invested cryptocurrencies portfolio should be done. One approach is to split up assets into a few parts: those that should be liquidated on impulse, and those that should remain for the entire time. In this manner, you can still get what you want without going through the entire process of needing to cut out all your expenditures and feeling like you’re choosing between life needs and possible future earnings. Moreover, people at times can also involve other savings apart from these cryptocurrencies as another technique of not stressing in case of emergent needs.

But in investing in crypto we also have to be disciplined, and be very careful too. Retracting that experiencing market fluctuations makes us have to make different decisions from the planned strategies is part of any wise investment. Hence, it is stated that the investment should be critiqued regularly and be adjusted in accordance to the life needs and market movement. This will afford flexibility apart from lowering or sacrificing your long-term objectives; it will also ensure a harmonious balance between everyday cash flow and investments.

[ZAINmalik75]

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?

We all have stomachs to fill and if we have no other source of income and we are only using the money we are making in BTC to fill our stomachs then we should not think for another second about the pump in the market. Sometimes I have enough fiat so then I wait for the time when the price of BTC is higher like now the price is high so I will convert the BTC into fiat now.

While converting I get skeptical but if we don't have any other source then what does it matter we can't risk it. We should not be skeptical about the BTC that we have to spend and have no other way around it.

[dekafee79]

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?

We all have stomachs to fill and if we have no other source of income and we are only using the money we are making in BTC to fill our stomachs then we should not think for another second about the pump in the market. Sometimes I have enough fiat so then I wait for the time when the price of BTC is higher like now the price is high so I will convert the BTC into fiat now.

While converting I get skeptical but if we don't have any other source then what does it matter we can't risk it. We should not be skeptical about the BTC that we have to spend and have no other way around it.

As a crypto investor, we should have another source of income so that we can still use free money to invest and we can still meet our living needs. because if we don't have another income, the crypto assets we hold will be disturbed when we need money to meet our living needs.