Quote from: Fredomago on Today at 06:07:55 PM

Quote from: bettercrypto on May 01, 2023, 03:15:39 PM

Quote from: ammo121810 on May 01, 2023, 12:54:32 PM

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

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

You needed to have that extra sources of income to avoid using what you already invested inside crypto, we all understand that the chance of market to fall is unavoidable and with that kind of market movement we might need some money to finance our needs, while the value is cheap we automatically lose our investment, better to have other alternative source to avoid selling or using what supposedly for your investment to grow.

Something that investors and traders need to consider before taking any action when the market is still down.

As much as possible, im not really that spending up my coins or tokens inside my wallet once they had been saved up. On the time i do make out some deposit or internal transfer then it would be final.
There would be no getting those coins to be converted and would really be saving up for long term and since i do make out some short trades then it would really be just that normal that i do have
some other bag which are really that intended to be used for but for long term bags then its better not to consider on selling it out actively because its never been worth on doing so.

As long you do still have some fiat money which you could make use of then use it, dont tend to spend up your coins which it does have potential special for Bitcoin but if you are that someone
who do love to support and experience the real use case or application when it comes to currency usage then its your choice but i would
say that it would never been that worth.