Post
Topic
Board Bitcoin Discussion
Re: Spend or HODL Bitcoin during COVID-19?
by
angrybirdy
on 03/12/2020, 22:40:54 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?

It actually depends on you. If you have enough money to support yourself or your family for a living during this covid-19, then you should stay to hold your bitcoin. You shouldn't spend it as much as you can since there is no one who can tell what would be the worth of it in the next following months.