Quote from: Rexler on October 25, 2020, 10:36:24 PM

Quote from: MoneyPipe-HD on September 10, 2020, 02:53:16 PM

Do you hodl and hope for the price to skyrocket?

I'm a big of bitcoin so I always have faith in it that's it going bounce back each time it falls, so anytime the price drops, I normally hodl till the price goes back up then I sell.

Good. But you buy more bitcoin if the price drops because that is your chance to have more bitcoin at a low price, and I think that can reduce your losses because you buy bitcoin at a low price.
But if you don't have much money to buy bitcoin, hold it for more will be the best thing you can do.
It will be better if you can trade bitcoin, so you can buy and sell to make a profit, and you don't just wait for the price goes higher.

Quote from: Rexler on October 25, 2020, 10:36:24 PM

Quote from: MoneyPipe-HD on September 10, 2020, 02:53:16 PM

Is it even worth spending your coins on anything you can get using a credit card?

Its worth it man, I normally enjoy using my crypto to buy or pay for goods or services online, recently I learnt how to recharge my cell phone number using crypto and since then have been rocking it, it's super fast and I don't have to leave the house to the bank where there's an ATM to withdraw from, before I can buy what I want, I just stay at home and pay, others maybe dislike it, but for me I actually love using crypto to buy things instead of credit cards.

I tried to recharge my cell phone before, but then I stop to use the service because I prefer to recharge using fiat or transfer from my bank account.
I want to hold more bitcoin and try not too often to use crypto or bitcoin to buy something on the internet or offline.
I always stay away from using a credit card to buy something online or offline because I can not feel comfortable with the fee, which is too high for me. I prefer to use a debit card or use paper money to buy those things.