Ninjastic
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Board Economics
Re: Spending Bitcoins
by
bitkilo
on 03/04/2017, 01:23:33 UTC
Quote from: TribalBob on April 03, 2017, 01:06:34 AM
Quote from: boyptc on April 03, 2017, 01:02:48 AM
Quote from: DoublerHunter on April 01, 2017, 08:25:38 AM
Quote from: boyptc on April 01, 2017, 07:57:26 AM
Quote from: VTCutch on March 31, 2017, 06:29:01 PM
I used to beat the bitcoins for the future and did not spend it. But then something happened in my mind and I almost all bitcoins invested in different projects. Just for this it was necessary to mature morally

It's not bad if you aren't going to spend any of your bitcoin and just keep on holding it for your future. You mean to say that you almost spend all your bitcoins with different projects? It's good that you did diversify your bitcoins and you are doing something for your growth which is helping the economy of bitcoin.
Spending bitcoin is really good if you are spending it on investment like ICO projects of an altcoin or what so ever.
Spending bitcoin is really helping the circulation of the supply since it is been spent and put in the market.

I don't actually get into ICO's nowadays because most of them are just the same. They are just crowd selling and collecting money from their investors and in the end they will result into the same output which is being dumped but as you said it's good for the circulation of bitcoin. It's better to spend your bitcoins for the things you really like.

Yeah spending bitcoins online is a fun and if I am in need of fiat money then I sell my bitcoins and convert it to fiat but I also make sure that I save some of them for future so that I can sell them when price is even higher which can give me higher amount of fiat in hands.
Just do as i do, spend some of your bitcoins on bills and things you need when the price is high and then buy them back when the market takes a dip. Doesn't always work out like that but you do get good at picking the dips.