Ninjastic
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Board Economics
Re: If you have a lot of bitcoin, should you spend it or save it?
by
hurain
on 29/06/2017, 13:30:55 UTC
Quote from: Weatherby on June 28, 2017, 08:19:42 PM
Quote from: pealr12 on June 28, 2017, 02:50:23 PM
If i have  5 to 10 bitcoin  i will convert it into fiat and spend them all. Buy all the needs of family ,start a new business and  live a happy life. Im not a holder  and i only losing  the opportunity if i hold my bitcoins for a long time.
You already said why you wont be holding a few bitcoins. Tongue If your plan is to sell the coins then you wont be able to accumulate for the future,the best plan would be to start investing in promising projects and make sure that you will wait till you attain a good profit and then think about selling and setting up a good business. Smiley
i do not think that there is any such good business which can give you such a good profit that we can get from bitcoin. if you will hold your bitcoin for a long time you will certainly get a good profit that you cannot even expect from other business, but you must be patient and much have the power to hold bitcoin for a long time.