Post
Topic
Board Economics
Re: Where do you spend your money from Bitcoin?
by
Sled
on 27/01/2018, 00:52:18 UTC
I didn't spend anything yet i just save it in order to buy expensive things. I am also planning to invest in altcoins so thats why i also save it. Everyone wants to get rich from bitcoins.

But if you spend your profit in a day you will not come far.

Thats great, I think you really aim for a better price. Bitcoin has a huge impact to me , and this platform makes me profitable without even going outside our house , this platform made me and my parents happy, and all of the earning that I have been gained I give the most to them and the rest were beibg save, its okay to me that for now I dont have some parts but the thing Bitcoin is a great source of income, this days I have used my earning in renivating some parts of our house and saving for myself.
That is definantly a good idea to hold your bitcoin for the price increase, but i think that people earn bitcoin to facilitate their life, theerfore i think that if a perosn need to use their bitcoin for fulfilling their important jobs he should use it and should hold the rest for the price increase. To me i perosnally use bitcoin profit by converting it in to fiat currency and thne use it for different purposes where i feel the need to use.
Just a suggestion. You should spend your bitcoin only on your 'real' needs and not wants because the bitcoin is limited and it is best for you to continue holding your cryptocurrencies because the price of bitcoin can still go up into higher numbers and if you will convert all of your bitcoin then you will not have the chance to enjoy your possible profit.