A lot of people in recent days have started to look into digital currency, but here is the question where and how can you possibly spend your bitcoins and altcoins?BTC
Honestly, I do not used my bitcoin and altcoins in buying, I am converting it first into peso then cash it out and that is the time I am going to spent it. I find this money a precious thing so i will only used it to buy my needs and of course a thing that I really want or special to me like buying a laptop or renovating our house, or give my mother a present she ever wanted.
If trading is your main income, then you have no choice but to sell bitcoin on the exchange and withdraw your earnings to fiat. After all, we all bear expenses in real life and they need to be compensated. But in any case, you need to choose the right time for the sale, so that it brings a large profit.
That is the problem why People use Bitcoin as a material to profit?this is Bitcoin a crypto currency,this must be use as payment material but not on how we can make it higher.
Look how many of us fails because of their way on treating this currency and why the issue of volatility always comes against Government supporting this market.
I respect their position because the volatility gives us income and i admit that because i already experience this for many time but a a Holder and not a trader.