Quote from: SirLancelot on Today at 08:10:30 PM

Quote from: Fara Chan on October 10, 2022, 04:02:56 AM

Quote from: burugcrypto on October 06, 2022, 07:50:34 AM

So How will willing are you to spend crypto for your purchases?

In the case of a decrease in the price of bitcoin, we cannot spend purchases using bitcoin, because it is contrary to the investment concept that we build. For example, you buy bitcoin at a price of $19,443 then try to spend some items when the bitcoin is at a selling price of $ 18,000 (assuming), this will make you lose and the concept of investing is not like that.
Then how to solve this problem, maybe short-term trading can be a reference to avoid these problems, whether shopping for goods using bitcoin payments or to avoid the basic investment capital that we make

You and I could use it for investment but the reality is that there are a lot of people who use it as well, just because we see it as investment doesn't mean everyone sees it the same way as well.

Some people see bitcoin as something that is purely investment worthy in the long sense, and that’s the important part for me, but some people see it as currency on their business or regular lives and they do end up spending it or earning it as well. That way it is basically a fiat replacement for them, everything they do, they try to spend crypto, even if they cannot spend it directly, they cash it to fiat and spend it, and they earn it by working as well.

Although Bitcoin has proven to be profitable for long-term investments, there are some people who want to make a profit in a different way.
I have friends who use Bitcoin for short-term trading, meaning that there are some people who simply can't hold it for too long. I think it doesn't
matter if there are people who prefer short term trading over long term investment, most importantly we can make a profit. Even as you say,
there are some people who don't think about using Bitcoin for investment or trading. They prefer to use Bitcoin as a transaction tool like fiat,
because they consider spending Bitcoin to buy something more private. Therefore please use Bitcoin as well as possible, whatever way we use
Bitcoin is not a problem, most importantly do not use Bitcoin for things that harm other people.