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Re: Crypto in Q3-Q4 2020. Hodl or use for purchases?
by
slapper
on 26/10/2020, 09:48:42 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?
Holding bitcoin without spending it on anything is somehow against its primitive elements. However, there is not many goods to be bought with bitcoin and most of the things purchased with bitcoin are more expensive than using fiat/credit cards. Ironically, buying things with discount coupon are considered wiser than using bitcoin

Therefore, nothing is more important than holding bitcoin right now. It may not be utilized in the real life payment but surely it will give us a chance to multiply our capital. An uptrend is forming at the moment, also, bitcoin has reached $13000. Will you spend your bitcoin blindly ?