Are you sometimes skeptical when you spend some bitcoins?

[Axcel777]

It's always a shame to spend my Bitcoins because I always feel like they have huge growth potential. And even now when Bitcoin is at a local high, I don't want to spend it on necessities.

For retailers who only have a small Bitcoin, they always face obstacles to hold the Bitcoin they had, when there is an urgent need, it is very possible to sell so that they lose the opportunity to get profit when Bitcoin reaches its highest price, but when you have to spend it on something important, there should be no regrets except spending Bitcoin on something unimportant.

That's why it's important to invest in Bitcoin when we already have reserve funds, not to force ourselves to buy which we might sell at a loss.

We understand that for small Bitcoin holders the issue is not how to acquire but how to maintain the asset, especially when there are important needs to be met. To sell for essentials is normal and nothing to be scorned for, if not selling for items of little worth. In this way, we will be able to maintain Bitcoin without focusing on additional capital and this is where having a reserve fund will help us.

[Aanuoluwatofunmi]

Its just occurring to me now that i also have a similar feeling s that when am selling my bitcoin in exchange for fiat, i sometimes feels reluctant to let go of this asset in bitcoin, because i know that holding it alone is a very lucrative idea on me for profitability, but when i also remember on how i can be privilege of holding more by buying, then it relieves my temper and got me calm down, that there is still hope.

[legend45]

Its just occurring to me now that i also have a similar feeling s that when am selling my bitcoin in exchange for fiat, i sometimes feels reluctant to let go of this asset in bitcoin, because i know that holding it alone is a very lucrative idea on me for profitability, but when i also remember on how i can be privilege of holding more by buying, then it relieves my temper and got me calm down, that there is still hope.

Bitcoin is a potential asset and the longer it will be more expensive, that's what makes us reluctant to sell the bitcoins we have. I also have a similar thought I sold bitcoin, but when we need it we also have to do that. We can buy bitcoin again when we have funds, so that opportunity will always be there.

[PX-Z]

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?

Not, as long i really needed that item/product regardless the bitcoin price. If i think having that item/product is what matter at that very moment then that's it. Although i rarely buy items/products with bitcoin so spending it sometime will not hurt you.

[Hisbullah]

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?

Not, as long i really needed that item/product regardless the bitcoin price. If i think having that item/product is what matter at that very moment then that's it. Although i rarely buy items/products with bitcoin so spending it sometime will not hurt you.

I have never bought goods with Bitcoin because of more transactions in goods with Fiat, Bitcoin for me is very valuable and I will not sell my bitcoin for things that I consider not important. Because for me Crypto assets are the most important for my future.
Unless I was forced to sell Bitcoin for an important and urgent need, I would do it.

[milewilda]

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?

Not, as long i really needed that item/product regardless the bitcoin price. If i think having that item/product is what matter at that very moment then that's it. Although i rarely buy items/products with bitcoin so spending it sometime will not hurt you.

I have never bought goods with Bitcoin because of more transactions in goods with Fiat, Bitcoin for me is very valuable and I will not sell my bitcoin for things that I consider not important. Because for me Crypto assets are the most important for my future.
Unless I was forced to sell Bitcoin for an important and urgent need, I would do it.

It is really just that a waste of your precious coins if you are really that making use of it on something that you can buy with Fiat, somehow its not really that bad on making up such step or action for the sake of testing out its utility then its not really that bad on doing it once or twice but making it regular spending then it would really be just that a waste of coins.
Its not really that good on spending up your bitcoins actively, you do know that it would be having that potential on making it big when bull run hits then this is where you could
potentially make money.

[Zabunik]

Yes I spend my bitcoins smartly. I am skeptical when it comes to spending on bitcoins.

[rizqillah]

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?

Not, as long i really needed that item/product regardless the bitcoin price. If i think having that item/product is what matter at that very moment then that's it. Although i rarely buy items/products with bitcoin so spending it sometime will not hurt you.

I have never bought goods with Bitcoin because of more transactions in goods with Fiat, Bitcoin for me is very valuable and I will not sell my bitcoin for things that I consider not important. Because for me Crypto assets are the most important for my future.
Unless I was forced to sell Bitcoin for an important and urgent need, I would do it.

It is really just that a waste of your precious coins if you are really that making use of it on something that you can buy with Fiat, somehow its not really that bad on making up such step or action for the sake of testing out its utility then its not really that bad on doing it once or twice but making it regular spending then it would really be just that a waste of coins.
Its not really that good on spending up your bitcoins actively, you do know that it would be having that potential on making it big when bull run hits then this is where you could
potentially make money.

Btcoin is a very valuable crypto asset and don't waste it by selling your bitcoin because bitcoin will be more expensive in the future and will be more popular, it's better to save with our bitcoin and hold it long term.
I never sell my bitcoin to meet my living needs because I always provide a cash reserve for that, not because I am rich but I have to do good financial management.

[0t3p0t]

Btcoin is a very valuable crypto asset and don't waste it by selling your bitcoin because bitcoin will be more expensive in the future and will be more popular, it's better to save with our bitcoin and hold it long term.
I never sell my bitcoin to meet my living needs because I always provide a cash reserve for that, not because I am rich but I have to do good financial management.

This is what my problem is with Bitcoin investment because anytime I am gonna get some to fulfill me and my family's living needs. If only I had stable job and source of income I might have some Bitcoins in my bags right now but unfortunately it's going out every now and then.

[Rubel007]

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?

Not, as long i really needed that item/product regardless the bitcoin price. If i think having that item/product is what matter at that very moment then that's it. Although i rarely buy items/products with bitcoin so spending it sometime will not hurt you.

I have never bought goods with Bitcoin because of more transactions in goods with Fiat, Bitcoin for me is very valuable and I will not sell my bitcoin for things that I consider not important. Because for me Crypto assets are the most important for my future.
Unless I was forced to sell Bitcoin for an important and urgent need, I would do it.

It is really just that a waste of your precious coins if you are really that making use of it on something that you can buy with Fiat, somehow its not really that bad on making up such step or action for the sake of testing out its utility then its not really that bad on doing it once or twice but making it regular spending then it would really be just that a waste of coins.
Its not really that good on spending up your bitcoins actively, you do know that it would be having that potential on making it big when bull run hits then this is where you could
potentially make money.

Btcoin is a very valuable crypto asset and don't waste it by selling your bitcoin because bitcoin will be more expensive in the future and will be more popular, it's better to save with our bitcoin and hold it long term.
I never sell my bitcoin to meet my living needs because I always provide a cash reserve for that, not because I am rich but I have to do good financial management.

Since not everyone's situation is the same, not everyone will be able to collect Bitcoins in the same way. I think if an investor saves whatever is left over in bitcoins after meeting his daily needs then bitcoins would be good for him. Before investing here, the investor must consider his financial situation. If there is no long-term investment situation then holding that money in Bitcoin will mean losing that wealth in the long run. It is important to have a separate fund for emergency needs. However, spending Bitcoins can be difficult for those who prefer to hold Bitcoins. But if we think about keeping what we have to spend it is not realistic.

[laijsica]

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?

Not, as long i really needed that item/product regardless the bitcoin price. If i think having that item/product is what matter at that very moment then that's it. Although i rarely buy items/products with bitcoin so spending it sometime will not hurt you.

I have never bought goods with Bitcoin because of more transactions in goods with Fiat, Bitcoin for me is very valuable and I will not sell my bitcoin for things that I consider not important. Because for me Crypto assets are the most important for my future.
Unless I was forced to sell Bitcoin for an important and urgent need, I would do it.

It is really just that a waste of your precious coins if you are really that making use of it on something that you can buy with Fiat, somehow its not really that bad on making up such step or action for the sake of testing out its utility then its not really that bad on doing it once or twice but making it regular spending then it would really be just that a waste of coins.
Its not really that good on spending up your bitcoins actively, you do know that it would be having that potential on making it big when bull run hits then this is where you could
potentially make money.

Btcoin is a very valuable crypto asset and don't waste it by selling your bitcoin because bitcoin will be more expensive in the future and will be more popular, it's better to save with our bitcoin and hold it long term.
I never sell my bitcoin to meet my living needs because I always provide a cash reserve for that, not because I am rich but I have to do good financial management.

By holding Bitcoin an investor can expect huge profits in the future which is very unlikely for other assets. From the past price history we can easily understand how much Bitcoin value can increase in the next few years although I am guessing.

By accumulating Bitcoin as a valuable asset even a small investor can get a decent Bitcoin holding. The DCA method is a universal method through which people of any income can accumulate Bitcoin for the long term.

[ABCbits]

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.

That perspective is correct, although it also means you support using Bitcoin as currency/payment method which shows merchant that some people willing to spend their Bitcoin.

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?

Yes. It'd be shame if Bitcoin price rise shortly after i made purchase with Bitcoin.

[Asiska02]

It's always a shame to spend my Bitcoins because I always feel like they have huge growth potential. And even now when Bitcoin is at a local high, I don't want to spend it on necessities.

For retailers who only have a small Bitcoin, they always face obstacles to hold the Bitcoin they had, when there is an urgent need, it is very possible to sell so that they lose the opportunity to get profit when Bitcoin reaches its highest price, but when you have to spend it on something important, there should be no regrets except spending Bitcoin on something unimportant.

That's why it's important to invest in Bitcoin when we already have reserve funds, not to force ourselves to buy which we might sell at a loss.

A lot have falled in this category and all I can say is that they’re not informed enough to do what is expected of them. When you’re investing in bitcoin, you should already have another savings that you can touch when the need for emergency funds arises. The bitcoin market is very volatile and if you don’t hold for long, for the long term, you may sell at loss and then miss out on the biggest profit you can get from investing in bitcoin. Bitcoin is meant to be hold for the long term if you want to really benefit big from it, don’t stumble and sell at loss when you consider it also as your emergency funds money.

[Mia Chloe]

That perspective is correct, although it also means you support using Bitcoin as currency/payment method which shows merchant that some people willing to spend their Bitcoin.
Yes. It'd be shame if Bitcoin price rise shortly after i made purchase with Bitcoin.

Exactly this is where I was driving. The idea is although you are actually supporting bitcoin adoption by making use of it as a payment method, you may sometimes be like "damn !! I should have probably waited a little before I made that purchase" if not everyone I do have this feeling sometimes especially when there is a big bullish movement shortly after I made the purchase.

The idea is to actually try spending fewer sats or waiting for a nice time to make a purchase especially if it isn't a pressing one. Volatility has its advantages and disadvantages and I believe one of the disadvantages per say is something similar to this.

[Bobcrypto]

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?

Yes, I actually feel skeptical and sometimes becomes emotionally. Every crypto enthusiast who knows the potential of a tangible btc returns in a long or short term basis may be skeptical in spending Bitcoin Holdings. There is always a thought that if I spend my Btc on a bull run, the price may be pumping higher and I have already spent it on certain expenses.
I always think of holding till price has gone to the moon, though there is no limit on going moon.