Post
Topic
Board Economics
Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
by
mornabo
on 14/08/2018, 05:09:36 UTC
I prefer to increase my dollar because if I have a lot of amount of dollar, I can buy as much bitcoin as I want especially if the price is down like this moment so I can hold a big amount of bitcoin. but I also want to increase my bitcoin amount because when the price increase, I can also increase my dollar amount and I still trying to increase both bitcoin and dollar.
Every person has their own choice, but to me I think that I will prefer to increase my bitcoin and the reason is that I have invested a lot of my money in bitcoin and therefore I am interested to in bitcoin more that USD.

My mindset is to keep thinking of bitcoin as a commodity asset, and not as an active currency, I will continue to buy it until they really have price stability, now this is the most important thing where all fluctuations feel good, something that continues to grow will give real hope.

that is good for you and I totally agree with you. bitcoin is like an asset for me and I will still buy more bitcoin especially if the price can get lower like today but in the other side, I still want to increase my dollar because with increasing of my dollar, it means, I can buy more bitcoin amount and I can get it at any price. and if we can have a lot of bitcoin and dollar, it will make us easy to determine which want we want to buy or sell to increase our bitcoin and our dollar in the same time.
Actually actually both have almost the same meaning to get financial benefits, it's just that the way is different, you can just grow dollars with bitcoin or vice versa right? because the dollar is more familiar as a major currency so people will focus more on growing dollars than bitcoin