Post
Topic
Board Bitcoin Discussion
Re: We are having the difficult time, are you still a Bitcoin HODL?
by
kryptqnick
on 28/03/2020, 18:49:53 UTC
Just like the title said, we are about to witness the greatest debt expansion in the Global Recession.
How to deal with this problem?  Sad Sad

If you are new to blockchain, will you consider buying bitcoin these days?  Huh
If you are an experienced expert, will you keep the bitcoins in your pocket?  Huh

Just wonder and curious.  Huh Huh
Since I have heard so many news and opinions from critics, I began losing.
I read a special article in Medium today. I am sure it is a promotion for a new project, but the points that back up bitcoin sound reliable and I am touching.
https://link.medium.com/4tOqjBlcc5

So what about your idea?
I am not an expert, but I am experienced and have been using Bitcoin for years. I think HODLing is not a bad idea, but my financial situation does not allow me to do that. My income became smaller because of the pandemic, along with local fiat devaluating more than 10% over the last month in comparison with USD. So I don't engage in panic selling, but I do sell some BTC from time to time when I need cash to pay the rent or buy some food. I think it's a reasonable approach. What also pushed me to spend rather than save these days is world economic crisis beginning right now, so any money might not be worth anything after a while, so in a way, I am spending a part of it to enjoy little things while I still can.