Re: If you have a lot of bitcoin, should you spend it or save it?
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!
Like money, I think it is best to save your bitcoin rather than to spend it immediately. Also, bitcoins value increases at times so there's no guarantee that the exchange rate offered to you is the highest. So, if you don't have anything to spend it with, just save it.
