Well, it may depend on how much am I getting. Because if the value is less than expected, I would rather hold than sell but if the exchange rate is higher, I could buy things that are available for that value...
Yes, it depends on how much Bitcoin I have. If I have a large amount of Bitcoin, I will buy house or invest to other business, but If I have a small amount of Bitcoin, I will hold it for a while until the value gets higher.
When I get good amount of bitcoin, I can will buy a land. Land is good investment either. The price of land cost a million nowadays. It is good to place your money in other things that it will be useful for the future. For now I am earning bitcoin to built our house for us to live comfortably. Little investment to other assets will make it big for the long time. There will be a good place for bitcoin to spend of, which is business.