Quote from: Hippocrypto on November 01, 2021, 11:56:15 AM

Quote from: rosemariefrancis on November 01, 2021, 04:16:27 AM

I would prefer to hold Bitcoin after evaluating the current scenario. It’s getting famous, its acceptance is increasing, and it will be the mode of payment for many things that we buy through fiat currency. So why would I sell it? All these activities will eventually increase Bitcoin's value.

There's nothing wrong spending bitcoin especially if it is really needed. You can't just hold your bitcoin for so long even if the prices are already pumping. You can hold it especially if you have the plan on when to sell it. It is very important that you have the plan in everything you do for you to not regret it. You can sell it especially if you already achieve your target goal of your bitcoin.

That was exactly what I usually do if there is the need to sell some of bitcoin to buy or pay for services and if there is no other alternative means, of course I prefers selling some to avoid borrowing some money to solve some of these essential needs, thus I never regret selling some of my bitcoin having solved some of financial need at my crucial time of need, though It is my wish to continue to hodl however financial circumstances wouldn't allow me to continue to hodl it.