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Re: Do you actively spend your bitcoins?
by
expert4knowledge
on 20/12/2015, 22:51:36 UTC
The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase
Do you have any price threshold for bitcoin that if price increases from that price then you spend money, for example 500$ or so?

I have a threshold once the value of Bitcoin crosses $500 mark I will spend it or exchange it for currency just to be on a safer side rather than selling it when the value slips down.
It is difficult to judge, if it goes to 500$ so it is possible that it increases to prices more than 500$ too and you may change your mind about selling it in that price