Post
Topic
Board Economics
Re: If you have a lot of bitcoin, should you spend it or save it?
by
Ashong Salonga
on 12/10/2017, 19:34:52 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!

For me, I would rather to save it because I know in that kind of strategy I able to manage well my money. Yes, somehow I will sometimesnuse in order for me to have a good life and able to sustain my everyday needs. But if you look on the other side using it or spending is also good in a sense that you work in order to earn to buy, pay and avail something.