Are you sometimes skeptical when you spend some bitcoins?

[dekafee79]

In some countries Crypto Currency has been legalized and included in my country. The government allows as an investment but has not been received as a payment method.
Maybe it still needs adjustments and studies from the government to receive bitcoin as a payment method, but I am sure that gradually it will happen. So be patient, Crypto Currency will have a bright future.

You mean you can invest on the bitcoin but you are not allowed to do exchange something with any person via bitcoin? And as far as know that the cex like binance also banned on the Nigeria so yes they need some adjustments that peoples of your country also will be able to do the right usages of cryptocurrency. And I am also hoping that nigeria will also gonna be on that stage because I saw in a report Nigeria has one of the topest country in cryptocurrency using.

actually some countries have not fully legalized bitcoin. and what I see is that Nigeria can already use bitcoin as a means of payment. there are still countries that still do not allow it, be patient, because maybe the government is still studying the advantages and disadvantages of using bitcoin in their country. because in my opinion, they will likely accept bitcoin as a means of payment and investment in the future. It's just a matter of time and process.

[Crypto Library]

actually some countries have not fully legalized bitcoin. and what I see is that Nigeria can already use bitcoin as a means of payment. there are still countries that still do not allow it, be patient, because maybe the government is still studying the advantages and disadvantages of using bitcoin in their country. because in my opinion, they will likely accept bitcoin as a means of payment and investment in the future. It's just a matter of time and process.

I think this situation is more sad for crypto enthusiasts in that country because in this situation they can't fully enjoy the fun of cryptocurrency. On the other hand, my region is better because cryptocurrency is illegal here and because it is illegal, there are about four million of us who are connected to cryptocurrency and those who earn from it do not have to pay tax anymore. Maybe when cryptocurrency is legalized we will have a certain amount of tax here too. Anyway I am willing to pay tax but I am not willing to fall into a situation like Nigeria. Either I will enjoy the full use of crypto currency or I will walk another road as I walk now.

[Zed0X]

I looked back at BTC's price data since the OP was made, it's around $65K at the time. If you had a small fraction of BTC and sold it then, you probably won't feel any regret now that it went up to $93K. However, if you already sold maybe 0.5 BTC or higher, you'll probably thinking about the missed profit by now.

[Primo1760]

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.

In fact we think so because when we sell our bitcoins for our own needs it seems not right to sell bitcoins at the moment but what to do we have to sell for our needs and we have no other means to find other ways to meet the needs. I'm with Bitcoin like you don't do anything else. Because I don't have a fixed job at the moment, I also have to sell bitcoins constantly. Maybe we hold Bitcoin for a few days. When the need arises, the market has to sell to meet the demand even though there is a lot of dumping. But now I don't regret selling bitcoin because I have to sell constantly. There is no other way to meet demand other than to sell these bitcoins.

[taufik123]

In fact we think so because when we sell our bitcoins for our own needs it seems not right to sell bitcoins at the moment but what to do we have to sell for our needs and we have no other means to find other ways to meet the needs. I'm with Bitcoin like you don't do anything else. Because I don't have a fixed job at the moment, I also have to sell bitcoins constantly. Maybe we hold Bitcoin for a few days. When the need arises, the market has to sell to meet the demand even though there is a lot of dumping. But now I don't regret selling bitcoin because I have to sell constantly. There is no other way to meet demand other than to sell these bitcoins.

what you are saying reflects the true state of affairs for some people who really need to profit from Bitcoin's current rise.
The goal of investing is to make a profit, not to invest for life.

What you are doing is right and in accordance with your main goal.
Maybe taking a portion for the necessities of life is very wise because I also wouldn't be a hypocrite by saying don't sell your Bitcoin right now,
but it's about the necessities of life that must be met.

[dekafee79]

In fact we think so because when we sell our bitcoins for our own needs it seems not right to sell bitcoins at the moment but what to do we have to sell for our needs and we have no other means to find other ways to meet the needs. I'm with Bitcoin like you don't do anything else. Because I don't have a fixed job at the moment, I also have to sell bitcoins constantly. Maybe we hold Bitcoin for a few days. When the need arises, the market has to sell to meet the demand even though there is a lot of dumping. But now I don't regret selling bitcoin because I have to sell constantly. There is no other way to meet demand other than to sell these bitcoins.

what you are saying reflects the true state of affairs for some people who really need to profit from Bitcoin's current rise.
The goal of investing is to make a profit, not to invest for life.

What you are doing is right and in accordance with your main goal.
Maybe taking a portion for the necessities of life is very wise because I also wouldn't be a hypocrite by saying don't sell your Bitcoin right now,
but it's about the necessities of life that must be met.

I agree with you, if we have life needs that must be met we can sell our bitcoin or altcoin, because it is very urgent. We can hold bitcoin for the long term, but must have savings for sudden needs so that our investment is not disturbed by the needs that we must meet.

[pieppiep]

I agree with you, if we have life needs that must be met we can sell our bitcoin or altcoin, because it is very urgent. We can hold bitcoin for the long term, but must have savings for sudden needs so that our investment is not disturbed by the needs that we must meet.

Emergencies are usually the main cause of the decision to sell bitcoins, alts or other cryptocurrencies; it is always good to seek other options so that holdings remain intact. In any venture it is always wise on our side to establish if there is a provision for an emergency capital, which will be of help in an event of an emergency. In this way, we are not forced to managed and lose the possible growth of inventory which we are preparing for the future. Setting long-term investment objectives will be of more advantage than disposing investment instruments as dictated by wantonly random needs.

[taufik123]

I agree with you, if we have life needs that must be met we can sell our bitcoin or altcoin, because it is very urgent. We can hold bitcoin for the long term, but must have savings for sudden needs so that our investment is not disturbed by the needs that we must meet.

So that's the point, you have to distinguish between living needs and investment so as not to interfere with the investment that is being made.
But if the need is urgent and it does need a lot of money, the profit from the investment needs to be sold but when the investment is not profitable, I will not sell anything.

[enwi]

I agree with you, if we have life needs that must be met we can sell our bitcoin or altcoin, because it is very urgent. We can hold bitcoin for the long term, but must have savings for sudden needs so that our investment is not disturbed by the needs that we must meet.

So that's the point, you have to distinguish between living needs and investment so as not to interfere with the investment that is being made.
But if the need is urgent and it does need a lot of money, the profit from the investment needs to be sold but when the investment is not profitable, I will not sell anything.

To do this, it is prerequisite to segregate the life pursuits from the other allocation we apply for investment, thus they should function independently of one another. It is generally possible to use the results in an urgent situation, when a considerable amount of money is needed, provided that this calculation is done with proper assessment. However, if the conditions of the market are unfavourable and the value of the investment is low, non-disposition move of not selling the stock is wiser. Thus, it is possible to achieve the current utility value unshadowed by conflicting future potential for the growth of the asset value.

[dekafee79]

I agree with you, if we have life needs that must be met we can sell our bitcoin or altcoin, because it is very urgent. We can hold bitcoin for the long term, but must have savings for sudden needs so that our investment is not disturbed by the needs that we must meet.

So that's the point, you have to distinguish between living needs and investment so as not to interfere with the investment that is being made.
But if the need is urgent and it does need a lot of money, the profit from the investment needs to be sold but when the investment is not profitable, I will not sell anything.

thats right, we have to distinguish between needs and investments. because for investment we have to use free money, set aside money from our income and save it in the form of bitcoin or altcoin. because if we mix both between savings and investments we will be in trouble if suddenly there is a sudden need and the crypto market is in a state of correction, so if we sell it now we will lose. that is the function of savings for reserve money, if needed we can use it and it will not interfere with our investment.

[Blaze]

thats right, we have to distinguish between needs and investments. because for investment we have to use free money, set aside money from our income and save it in the form of bitcoin or altcoin. because if we mix both between savings and investments we will be in trouble if suddenly there is a sudden need and the crypto market is in a state of correction, so if we sell it now we will lose. that is the function of savings for reserve money, if needed we can use it and it will not interfere with our investment.

This is something that I find very important especially to ensure that my month’s expenses do not crowd our investment capital. This way, we can designate a part of the money received to be invested, and not have the investments sold in a emergency situation at a low price. Another advantage is that, by investing in it, we are less likely to get distracted by the daily ups and downs that prevail in the cryptographic currency market.

Their financial reserve is the amount of money, which is accumulated in order to be able to use this money for unpredictable situations. In this way, for investing we can keep sufficient reserve funds so that we do not need to take out money at the wrong time. Such steps do not only safeguard the values of our investments whereas they also enact reasonable optimization between the opportunities of future and management of present requirements.

[bayu7adi]

It's actually good to still advise investors to hold because Bitcoin does have good prospects, but considering that we all don't know when the holding was done and when it will end, then we can't judge that people who sell at a falling price are people who lose... because it's possible that he has owned BTC since 2012 and just sold it at the next bearish moment which might drop to $80k, that's still a big profit....

Shopping is the right of each BTC owner... and our job is only to give good advice for the future, not necessarily good for his future.... maybe someone really, really needs to sell BTC because there are personal problems that must be resolved immediately, so they have to sell BTC... that's not wrong, my friend. It's still within reasonable limits.

[Mate2237]

Being sceptical is a rhetorical question for those who are investing for short term. Mostly in the year 2021 when bitcoin was $16k. I was sceptical to sell at that time but I still sold it because I used it to solve a pressing issue. Even now people are still sceptical about the market whether to sell or not because most of them are planning to sell when the price hit $100k. As for me I have been and being sceptical to sell bitcoin.

Long term investors should not worry because bitcoin will hit your target one day. Just be hodling it until you target is actualized.

[milewilda]

It's actually good to still advise investors to hold because Bitcoin does have good prospects, but considering that we all don't know when the holding was done and when it will end, then we can't judge that people who sell at a falling price are people who lose... because it's possible that he has owned BTC since 2012 and just sold it at the next bearish moment which might drop to $80k, that's still a big profit....

Shopping is the right of each BTC owner... and our job is only to give good advice for the future, not necessarily good for his future.... maybe someone really, really needs to sell BTC because there are personal problems that must be resolved immediately, so they have to sell BTC... that's not wrong, my friend. It's still within reasonable limits.

Holding up into something on which it doesnt impose any guarantees then it will really be getting that different impressions in between certain person or investors on which they might be holding up for long term or would really be dealing up with it on short term. It will really be just that basing up on how you will really be acting out accordingly basing up with that risks management.
If you'v ebeen here on this market for a while then you would definitely say that accumulating and holding Bitcoin for long term aspect would really be that worth. For those who do wanted more
then this is the time or moment that they will really be considering altcoin options on which it isnt really that bad either. It would really be just that depending on you.

[Insanity]

In some countries Crypto Currency has been legalized and included in my country. The government allows as an investment but has not been received as a payment method.
Maybe it still needs adjustments and studies from the government to receive bitcoin as a payment method, but I am sure that gradually it will happen. So be patient, Crypto Currency will have a bright future.

You mean you can invest on the bitcoin but you are not allowed to do exchange something with any person via bitcoin? And as far as know that the cex like binance also banned on the Nigeria so yes they need some adjustments that peoples of your country also will be able to do the right usages of cryptocurrency. And I am also hoping that nigeria will also gonna be on that stage because I saw in a report Nigeria has one of the topest country in cryptocurrency using.

actually some countries have not fully legalized bitcoin. and what I see is that Nigeria can already use bitcoin as a means of payment. there are still countries that still do not allow it, be patient, because maybe the government is still studying the advantages and disadvantages of using bitcoin in their country. because in my opinion, they will likely accept bitcoin as a means of payment and investment in the future. It's just a matter of time and process.

Bitcoin has been legalized in almost all countries, but it is still illegal in most countries. It is expected that Bitcoin will be legalized in other countries very soon. We have heard that there are many countries including Nigeria where Bitcoin has been legalized. It is expected that Bitcoin will be fully legalized very soon, but we will have to wait for a long time for this, otherwise there is nothing we can do. Bitcoin is starting to grow in popularity as time goes by. However, the government of a country cannot suddenly legalize it. It will look at both its bad and good sides. If it thinks it can be legalized, it will legalize it.