Post
Topic
Board Bitcoin Discussion
Re: Do you spend your Bitcoin?
by
laurenB7742
on 08/11/2021, 21:45:14 UTC
If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?
I am not spending my bitcoins for something unusual or new things but I am spending my bitcoin for my living hence I am able to buy everything I wish to. If you are referring about spending bitcoin directly then I am sorry I am just converting my bitcoin into cash because there are very very less merchants are directly accepting bitcoins  in my country.

Most often I spend my Bitcoin for gambling purposes, that's why I do not have to rely on merchants to use my Bitcoin directly. Since you don't have enough merchants at your location you can use your coin to take services from online, like I pay the bill to my VPN service provider via BTC.

Do you have exit strategy or you will spend it after you can buy your desired thing?
I just plan up to hold bitcoins for my entire life because I strongly believe into the bitcoin's potential. I already started using my bitcoins for my living hence I believe I do not need any target levels so that I will sell to use bitcoinss. I mean I already started using my bitcoins then I guess there will be no exit strategy is required.

Very commendable initiative, hopefully only Bitcoin is perfect for long-term holding. Instead of depositing money in the bank, I also buy a certain amount of bitcoin every month to secure my future.