Quote from: finaleshot2016 on Today at 12:24:05 PM

Quote from: kevinovecka on October 18, 2021, 08:18:21 AM

Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?

I kept my bitcoin for a year, but I recently sold it because I had a lot of items to buy, including another GPU. There are times when I keep it because I don't need money for something, but most of the time I don't need to sell it because I have an income that I can use to buy items I need to survive. Bitcoin is an asset we should hold; it will rise as long as enough people believe in it and buy it; it has a lot of potential, which is why believers continue to come to the crypto community.

It's not easy to hold Bitcoin for up to a year, and you can do that which is a pretty good thing. Usually if you manage to hold up to a year,
it is much easier to continue holding longer, because you are used to the volatile Bitcoin price. But everyone has needs that must be met,
and it is very natural to end up selling Bitcoin that has been hold for a long time. Because we are not holding Bitcoin forever, so one day
we will definitely sell it. My advice would be better if our needs are not urgent, don't sell the Bitcoins we have, because the Bitcoin trend
continues to rise from year to year. So the longer we hold Bitcoin, the more profit we should make. Because Bitcoin is an excellent asset
for long-term investments.