Post
Topic
Board Economics
Re: If you have a lot of bitcoin, should you spend it or save it?
by
Sled
on 08/10/2017, 10:39:19 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!
If I have lots of bitcoins in my wallet for now I will just save it and maybe after two to three years in time I will spend some of it. Bitcoins is a good investment for me and I believe that saving bitcoins can make a person rich. If you really want to become rich save bitcoins and let it their in the wallet for years and then you will see that you are rich.
Indeed, that is the simple way of getting rich in bitcoin. If a person wants to become rich but he want it to become true in just a short period of time then they just need to buy bitcoin and save or keep it on a safe place for at least 3 years and come back to check it and they will be surprised that their investment will be grown up too much than what they expected.