Post
Topic
Board Bitcoin Discussion
Re: Spend or HODL Bitcoin during COVID-19?
by
pinggoki
on 06/11/2020, 18:16:36 UTC
What would be the right thing to do during COVID-19? Should I spend Bitcoin or should I just "HODL" it? The more Bitcoin's prices increase on the market, the more tempting it is to spend one's Bitcoin holdings. But at the same time, you want to "HODL" your Bitcoin for the next ATH in price. What would you do?
Any advice, recommendations, or suggestions will be greatly appreciated. Thanks in advance. Smiley
If you will ask me if what would be the right thing to do during covid 19 where the business is currently dying and also their are so many people who are jobless right now, then what would be my answer? during this pandemic I have my bitcoin and I am holding it for at least some years but I am forced to used it to support my daily needs and also my family needs during the pandemic because we need something to eat and we need money to buy some goods in order to survive the pandemic.
What my point is if you have some money to used during the pandemic then GO just HODL your bitcoin, but if you don't have then go just sell it and used it to exchange and buy some goods or products for your family.