I spent a really large amount of Bitcoin back in 2012 when 1 BTC was worth a bit under $100. My transaction was worth a couple hundred dollars if we used the more recent Bitcoin prices.
Though, I've heard of some early adopters of Bitcoin spend thousands of them to purchase some things back in 2009 to 2010.
Though, I've heard of some early adopters of Bitcoin spend thousands of them to purchase some things back in 2009 to 2010.
yeah, this is my worst fear . on one hand i don't want to spend my coins at all to save up as much as i can so when the price goes up i can have bigger profit.
but on the other hand i want to spend them and also there is always the possibility of price going down. so i am stuck in between and just holding
Yeah, holding's a good idea, but sometimes I'd hold them for a while, then see something I really want to buy, then spend my Bitcoins on it. In the end, I don't really hold much, but oh well, I s'pose.
that is my plan, at least for the time being. i am planning to hold at least until next year to see how the market is going to be like in the year 2016 and most of all i want to see the effect of block halving on the price which will happen mid 2016.