Post
Topic
Board Economics
Re: Are you ready to spend crypto when market is down
by
Velemir Sava
on 24/05/2023, 15:33:07 UTC
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?

If one looks further to this point that Cryptocurrency has now emerged as a breakthrough concept, with Bitcoin leading the way. It represents a digital currency that operates on a decentralized network, where transactions occur directly between peers, bypassing traditional financial intermediaries. Where the basic purpose is as a medium of exchange although some people consider it more than just a currency. Cryptocurrencies have been attracting attention as investment assets, attracting the interest of those attracted by their potential for tremendous appreciation in value.