Post
Topic
Board Bitcoin Discussion
Re: Are you holding your bitcoin for a price increase?
by
edric
on 19/10/2015, 22:02:55 UTC
So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...

I am holding bitcoin for three reasons.  One, I can use bitcoins to get a better price on physical and digital goods through sites like purse.io.  Two, I am holding for the long term fundamentals.  I think it will rise over time.  Three, the short term returns I can get investing in bitcoin are very good.  If I hedge the fiat exchange rate over the short term, the fiat returns of my short term BTC investments are sometimes superior to fiat investments.