Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
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?
Since i have a regular job that is my regular source of income, I will not spend my crypto currency holdings i will wait for the prices of the crypto currencies to recover so that i could take profit. I am aiming for a long term goal for a much better profit. Instead of spending my crypto, I will expand my investment portfolio. I will take advantage of the low price now for a much better profit.
It's a good thing that you have a regular source of income where you can really not move your holdings of altcoins or bitcoin. That's one of your advantages over others here that only crypto is the main source of income.
Because of those who are full-time here in the crypo business, their other holdings are also moved later when they have emergencies happen and I have also experienced this several times, but when I have extra budget again, I buy me again