Quote from: Fredomago on Today at 07:24:02 PM

Quote from: odunybiz on May 03, 2023, 11:36:16 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?

As for me, it is hard for me to spend my crypto during bear season. Although in some unforseen circumstances, one has no option than to sell. I can't forget how I sold my matic at $0.48 per one then. Today, one matic is around $1. It's better to keep ones crypto especially if it Bitcoin and accept it as an investment.

There are emergency cases where you can't avoid using your asset to buy something, or exchange your asset to your local fiat for something that you really can't avoid to happen, but those who are capable of holding and continue adding more assets to their wallets, for them using their crypto will not be a good options, instead of using it they will keep buying while the value is still cheap.

We know that there are different investors and holders who are willing to hold and wait until the value of their assets reached the target value that they want to sell.

Yes, there are really that moments in life or situation or scenario on which you would really be coming into a point that you would be having no choice but to pull or slice up some of your investment on the time that

you would really be needing up some money or financial back-ups. Once you are on a hard situation and your mind keeps telling you that you do have something on where you could get or sources then you would definitely be able to consider it out.Spending your crypto is never been ideal specially when you are accumulating and holding it for long term on which there's we are trying out our best
on saving it out as much as we could but well there are moments which it is really just not that bad on getting some portion of it.

Not all would be having that lots of fiats on their pockets for them to solve out such condition or moment but as much as you could then its better to avoid on snipping up some
portion of those coins you do have.