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?
For me i would rather keep my crypto currency and wait till i earn profit and will convert it to stable coin. Using crypto currency on paying on offline stores not for me i do not want to regret if the market will go high and use my crypto to pay local store for a very low price, I would rather hold it and convert it in the future. For me i treat it as an investment security because theres a possibility that the prices would go higher when the bullish season comes.