I bought an expensive thing with my earned bitcoin for few years, not literally bitcoin of course, which I had to convert it to fiat. Yeah actually I regret it a bit deep in my heart. Not because of that bought item, but it's my greediness which I think if I could held it a little longer, I might spent less to buy that thing lol.
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It’s such a waste to spend Bitcoin on things that loss it’s value overtime because Bitcoin is an investment.
Good point but for some people including me feel that rewarding yourself a fancy thing after worked hardly isn't considered as a waste. Of course it depends on the balance of your earnings and lifestyle.
I have spent many bitcoins a few years ago (ca 2012-2013) in local shops and still think that it was very good for the Bitcoin ecosystem. It is bad for me though obviously but also I could have bought more Bitcoin then so actually I do not regret it. I hope people will also spend more bitcoins in the future, since Bitcoin is a currency and not an asset.
I'm sure all of us have been in the same situation and perhaps still experiencing it every time bitcoin price rises. Though I myself considering bitcoin as an asset instead of currency because of its unstable price.