It depends on the timing - spending during the bear market hurts, because soon afterwards you'll start regretting it, thinking "those coins are worth 4-5 times more now". Spending in the bull run can also hurt, when in one week the price is already 20% up. I currently want to buy a few things, but I wait for Bitcoin to go back to at least $14k.
In this situation, wouldn't you want to spend your current profits on a purchase and purchase BTC to cover up the amount you spent? Or are you more interested in HODL-ing?