Post
Topic
Board Economics
Re: How too get rich
by
tabas
on 07/08/2016, 23:30:34 UTC

If everyone will keep on holding their coins without spending then how can you expect higher price of bitcoin? You should play with it regularly to earn regular profits.

If we hold the coins only and do not spend the coins, it means the coins are useless, so it is also valueless.
useless it's meant the coin will idle on the wallet but if we all bitcoiners hold your coin on wallet it will impact to the price rising.

Only holding will never contribute to price rise, if we want to see higher price of bitcoin in future then we should spend it on continuous basis to make bitcoin more powerful currency.
thats true, i think it is better to just buy bitcoins right now because it will allow you to make some good money and it will pump the price up

Yes either buy it or earn it from different ways, the primary goal should be to have as much coins as possible in wallet to earn higher profits in future.

Well if you are already rich or you have enough fiat money for buying then you are just going to buy bitcoins effortless and just wait for the price increase for sure you are going to earn from it. But for those people that can't afford to buy of course we are going to work hard for it.