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Re: Crypto in Q3-Q4 2020. Hodl or use for purchases?
by
Jating
on 13/09/2020, 11:00:32 UTC
Hey everyone!

The price of crypto has been pretty volatile over the last few weeks and BTC has once again sunk below 11k. This made me curious about what the community does or plans on doing with its crypto assets today and in the nearest future. Do you hodl and hope for the price to skyrocket, or perhaps spend some of your coins on various goods and services, and if you do - what do you purchase? Is it even worth spending your coins on anything you can get using a credit card?

Personally, I would rather hold my bitcoin now, no way that I'm going to use it because I'm a firm believer that the price will eventually pick up, maybe not this year, but perhaps a new all time high can be reach in 2021-.

Maybe there are members here that do used their crypto to buy stuff or even pay some bills, but not me. I'll stick to the plan of accumulation (this is a good time) and then sell some when we hit new all time high. What if it didn't hit all time high as predicted? Then I won't sell, simply as that.