Quote from: wmaurik on May 11, 2023, 11:03:25 PM

Quote from: smile1218 on May 10, 2023, 12:44:10 AM

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.

This means that you still really believe in price increases during the bullish season. I think that is also a very good thing because further bullishness is still possible for Bitcoin, but what is still blocking it now is the price correction that is still happening in the market.

And for cryptocurrencies that have been properly guarded and stored for the future, it is clear that it will be very detrimental if they are spent at offline stores that actually still accept fiat money as a means of payment. So there is no need to throw away crypto currency if we can still use fiat currency to meet our human needs, because offline store owners also really like crypto currency and will keep it too for future profits.

Yes, if you believe that the market can still reverse back after this correction then better to keep your asset and not to sell it out or use it, for sure there are more investors and holders who use crypto for investment compared to those who use crypto for the sole purpose of this alternative currency. It's a tough decision to make as you can see that the value of your asset is not performing well, sad thing for some holders who got an emergency thing to address as they needed to sell out or spend their crypto even the value still down.