Post
Topic
Board Economics
Re: If you have a lot of bitcoin, should you spend it or save it?
by
blakegrr
on 01/07/2017, 21:45:56 UTC
Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

That means that your 13cent on your wallet have been goes up the value. I mean the value of 13cents of bitcoin 7months ago was 50cents right now. It is good that it almost quadruple the value of your bitcoin on your wallet but yet it is too small investment from you.