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Re: Do you actively spend your bitcoins?
by
tabas
on 28/09/2016, 05:28:26 UTC
I hoard my bitcoins for my next generation. So no I don't spend them.
I thought it was weird. is it you always save bitcoin income that you get in your wallet and you never trade it to fiat or even use it at all.
I thought it sounded a lie, but I do not really care about it. I rarely spending bitcoin I prefer to convert it to fiat

Well, if your choice is just to spend your bitcoin or convert it to fiat you are doing a great job for helping the economy of bitcoin because you are part of the good numbers of people who help on the circulation of bitcoin, but I thing I can tell you is that you will not benefit when the price will increase because you do not invest.

He can still benefit from it if he will buy back. The thing is you need to wait for the larger investors to make a big fluctuation. If it is just you who will convert it then it will not be much of a movement. There is still time to buy and I dont think it will be moving so fast with this large price.

For me today is the right time to buy bitcoins and just hold it but if you are thinking about the price fluctuation then somewhat that is going to effect the  price of bitcoin. Then don't do anything with your bitcoins but if you really need to spend that actively then you don't have choice but to use it because if you are just always depending on bitcoins in able to survive then you need it.