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?
The season of pump comes and goes as the season of price dump does correspondingly.
HODL during price pump is not a bad idea to me cause more profits are to be attained as price grows positively.
But I see no reason of being skeptical spending the profits I realize from any of my Crypto asset being BTC or Alts wether in pump or dump seasons.
It all depends on one's motive towards these seasons in respect to the profits he has made. To me, I see it in the form that profits has been made during the period of Holding and I could spend as much profit as I want on any item or even converting it to Fiat (Currency) disregarding wether the market is experiencing a pump or dumb......
Since profits are there..... Spending is fun.....