Post
Topic
Board Economics
Re: Are you ready to spend crypto when market is down
by
rhodelmabanal
on 20/05/2023, 21:25:25 UTC
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?


Hold we need to hold when crypto is down spending crypto coin when it is down is a loss, because its value drop and you can only buy few things when its value are down , for me holding is the best option to avoid losses or is you cant hold swap it yo stable coin.like usdt, busd, etc..