Quote from: Intersan on July 04, 2017, 06:14:03 AM

Quote from: darthmaul on June 27, 2017, 03:22:52 PM

This question is being asked many times on this forum. You can check the answers and most of them will suggest you to save/hold/reinvest your bitcoins for longer times. Now as you stated that you kept 13 cents and it became 50 cents after 7 months or so. Well that change you may find very little but with bigger investments you get bigger returns. Also, you must invest with right time, such as bitcoin price at lower side, this means you will get more bitcoins in less amount spent. Also, when the price increases the same amount of bitcoin will have more dollar value. Thats very easy calculation but basis of how you invest. Household really hold it.

Yes, many in this forum have the same question regarding spending, holding, buying, selling and etc. It is depends on the situation and the price of bitcoin. It is pretty obvious that this two option is important if we have a bitcoin. If you save all your bitcoin, I think its not a good idea (don't put all eggs in one basket). Much better to spend the other (converted to local currency) to make sense the too much hardworking and spending of time.

It is better to have secondary source of income and not only depending in bitcoin because in bitcoin it is not that stable or predictable that it will go for more years so it is best to have secondary source of income in real world like our own business to have a back up if something goes wrong online because in business we can earn the same amount or even higher amount than what we are earning in bitcoin.