Quote from: Vzae on October 11, 2022, 12:38:15 PM

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

If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?

This is a strategy or someone's way to regulate the rhythm of their financial investments, where they have their own time for when to start and end their trading positions. they always wait for the best moment to buy when the price drops and release when there is an increase in the price of each coin they hold.

Crypto is both and it will depend on how you look at it but let's look at the fact that all of us treat it as an investment. No matter how an advocate you are of wanting people to spend their crypto for purchases. You can't stop anybody by telling them that it should be spent. The value of it is volatility and because of that, stopping them won't help and instead, they'll do the opposite of buying more because we go back to what the first reason is, crypto is now majority's investment vehicle and that's what we treat it like.