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Re: Do you actively spend your bitcoins?
by
mirakal
on 22/07/2016, 12:58:31 UTC
For now I'd rather hold my bitcoin than spend it. Right now bitcoin value is high, so it's better not spend it often. Maybe in future, bitcoin might grower and the price rise up. So, I would feel regretful if I spend bitcoin.

You should also spend sometimes to help the circulation of bitcoin in market, but to earn good profits from it we need to hold majority of coins for future.

Hard decision for every person. They do have their choices but that is the very least we could do for its good circulation. Some should go to spending even if just the profits can have an impact.


It is really not going to help the bitcoin circulation if you are going to hold your bitcoin for a long time. And that's what I have realize.
Because I'm a holder too, but it is better if you aren't going to hold all of your bitcoins because it is risky too.
I think you don't get the point here, now is the time to hold actually because the demand is increasing as evidence by the current price of bitcoin. In the future the demand will increase more and if many will be holding their bitcoins there will be a shortage of supply that is going to happen and will affect a price increase.