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Author Topic: Don't spend bitcoin. Not now.  (Read 3874 times)
Triffin
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January 22, 2020, 05:01:51 PM
 #361

I would agree with this statement, I have made the mistake in the past as well to spend my Bitcoins to early only to be dissapointed later when the price is way higher.                               
Good advice is if u dont really need to use it for something really important that can't wait till later, dont spend it yet, If u are gonna spend it do it when the price is high and try to buy back in later.

Because when the next big price increase happens after the halving you still wished you had that Bitcoin.                                                                                                                   
Yes we should not spend our bitcoin because the price is not yet good to spend our coins instead of using our coins we should try to keep it safe i hope later in future it will rise and we will be able to get highest profit. Bitcoin is having future so better storing our coin long term than spending it for miner need of money as it’s assets that need to keep storing for long term.
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January 22, 2020, 08:12:13 PM
 #362

we really need to save our bitcoins so that we in the future when the price of bitcoins pump high we can get huge profits. but I think we also have to use our bitcoin occasionally to buy goods or pay bills. without real use bitcoin will not develop and cannot achieve adoption. the actual use of bitcoin will also drive demand for bitcoin to increase.
That must be done, the real use will be better for adoption that must continue to grow in the world, but we should not spend it all, because after all we also have to consider long-term investment which will certainly be a major choice for us for future profits. Indeed, it would be better for us to look for other alternatives that at least have good potential when we immediately cash in so that crypto growth can be more evenly distributed in many sectors of the economy.
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January 23, 2020, 07:04:37 AM
 #363

I would agree with this statement, I have made the mistake in the past as well to spend my Bitcoins to early only to be dissapointed later when the price is way higher.                               
Good advice is if u dont really need to use it for something really important that can't wait till later, dont spend it yet, If u are gonna spend it do it when the price is high and try to buy back in later.

Because when the next big price increase happens after the halving you still wished you had that Bitcoin.                                                                                                                   
Yes we should not spend our bitcoin because the price is not yet good to spend our coins instead of using our coins we should try to keep it safe i hope later in future it will rise and we will be able to get highest profit. Bitcoin is having future so better storing our coin long term than spending it for miner need of money as it’s assets that need to keep storing for long term.

But it depends if you really need money because now if the price was going rise soon, I think it would dump again because people who are satisfied to get what they want (profit) they actually sell their bitcoin for them to able to spend what they've got.

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January 23, 2020, 03:15:59 PM
 #364

Spending bitcoin without urgent needs is a big mistake and without seeing the price of bitcoin in a state of unsatisfactory prices.
bitcoin prices have started to move up though slowly and slowly but surely, and holding is the right choice for now and be patient to wait and make purchases when bitcoin prices are in a low and affordable position to grow your bitcoin.
Both are fine with me, if you do not want to use it for now and waiting for further rise in its price that is good. But there is no loss of using it today also. People are using it for very small purposes in their daily life for buying and selling small items. You can also earn by making small investments in this market. You can use it in any way both will benefit you. It is not unsatisfactory in nature, huge population of investors toward this market is the result of its satisfactory results.

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January 23, 2020, 03:21:55 PM
 #365

Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.

Do not spend your Bitcoins. Not now.
From what you sites above is there any where is written that we should not spend the electronic money now until later as you said your subject line? I see nothing of such dude. If we don't spend Bitcoin now when should spend it, because spending and accepting Bitcoin is the only way value will be created and more adoption will likewise follow.
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January 24, 2020, 01:16:56 PM
 #366

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.

 
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January 24, 2020, 02:13:43 PM
 #367

Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.

Do not spend your Bitcoins. Not now.
From what you sites above is there any where is written that we should not spend the electronic money now until later as you said your subject line? I see nothing of such dude. If we don't spend Bitcoin now when should spend it, because spending and accepting Bitcoin is the only way value will be created and more adoption will likewise follow.
That is what I want to ask if not today than when to use Bitcoin? Many people have supported this idea of not using it today but no one has given the logical reason for that. No one talk about the disadvantages of using it now. Its usage will only benefit us and this directly to the market. as this would lead to the further increase in price that would make the Bitcoin more valuable and powerful and this is the great advantage.

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January 24, 2020, 02:17:23 PM
 #368

There is old true.People needs money. Because there is not possible to pay for daily life expenses with bitcoin then people are exchanging bitcoin to fiat.To gain more fiat or bitcoin people trade bitcoin same way like they trade any other asset or currency.There is technology behind bitcoin what will disrupt modern world but there is bitcoin like asset what is traded to make traders more money.In a case of payments Visa MC are still better and cheaper than bitcoin is
There are many ways and things we can do about bitcoin. Our society is now developing some technologies to used it to pay and to used it in our financial problems. We can earn some income out of this and also many opportunities to help many people in everyday living.
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January 24, 2020, 02:54:41 PM
 #369

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.

Many people will be really disappointed if halving doesn't affect the price in the way most people wish! I think to give any kind of predictions about future price movements is foolish, the price can rise exponentially, but nobody can give any guarantees about that. We need to be patient, and maybe we need to give Bitcoin more time for the price rise we wish to happen! I am just saying give Bitcoin more space and time and it will grow, hurrying and wishing things to happen faster can't help!



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alisonwonder
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January 24, 2020, 02:58:35 PM
 #370

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.

Many people will be really disappointed if halving doesn't affect the price in the way most people wish! I think to give any kind of predictions about future price movements is foolish, the price can rise exponentially, but nobody can give any guarantees about that. We need to be patient, and maybe we need to give Bitcoin more time for the price rise we wish to happen! I am just saying give Bitcoin more space and time and it will grow, hurrying and wishing things to happen faster can't help!

You are right, many people have high expectations for halving, I am worried if it doesn't meet expectations. but it still takes time until next year to prove it. but most people even some famous influncers predict prices will rise and make new history. I also believe that Halving can repeat its history.

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monineklutak
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January 25, 2020, 02:55:18 PM
 #371

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.

Very true, if you have big doubts about the price reduction you should sell some tokens that you have to avoid the bad things that will happen later.
maybe half, if you have 1 Bitcoin, selling 0.5 Bitcoin is much better, if the market is down, you get a little loss, if the market is bullish then you can buy it again
Kevondo
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January 25, 2020, 03:16:57 PM
 #372

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.
Many people who are old users of bitcoin and the crypto market on the whole are aware of this strategy and they will definitely sell out bitcoin near halving and are going to grab it back when there is correction. They will probably buy bitcoin during the initial stages of bitcoin correction and sell it of or cash it out when the correction is at peak. Basically buying and selling at right time is the base of profits.
angrynerd88
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January 25, 2020, 03:56:33 PM
 #373

This is best time to collect the Bitcoin,If who spending the Bitcoin now at the end will realize that did big mistake.Bitcoin is game changer and it is possible the price of Bitcoin may reach a million said by crypto enthusiasts.
Bitcoin deserved to hold for long term to gain maximum,I suggest just believe in Bitcoin and hold never believe in rumors fake news,Most excited things going to happen in Bitcoin history.

TitanGEL
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January 26, 2020, 05:51:37 AM
 #374

This is best time to collect the Bitcoin,If who spending the Bitcoin now at the end will realize that did big mistake.Bitcoin is game changer and it is possible the price of Bitcoin may reach a million said by crypto enthusiasts.
Bitcoin deserved to hold for long term to gain maximum,I suggest just believe in Bitcoin and hold never believe in rumors fake news,Most excited things going to happen in Bitcoin history.
The best time to accumulate bitcoin when it is still in accumulating stage. The bitcoin is now in currently markup stage where the price is continuing to increase but it is not yet late to buy. Trade with the high, we should buy when the price of the bitcoin surpass its previous high. There is resistance at $9200, but if the price break it, then we will see a momentum moves of the bitcoin.

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Visbay
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January 26, 2020, 05:52:04 PM
 #375

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.

Very true, if you have big doubts about the price reduction you should sell some tokens that you have to avoid the bad things that will happen later.
No not at all I don't have this kind of things in my mind that I should sell my bitcoin that early because I know bitcoin will remain at the top and it will get more pump in future so yes Time for selling is so far yet it's only time to keep holding and waiting to trust me you will never regret holding your bitcoin but you will surely cry for selling it at wrong time (today).
Webetcoins
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January 28, 2020, 10:17:30 AM
 #376

This is best time to collect the Bitcoin,If who spending the Bitcoin now at the end will realize that did big mistake.Bitcoin is game changer and it is possible the price of Bitcoin may reach a million said by crypto enthusiasts.
Bitcoin deserved to hold for long term to gain maximum,I suggest just believe in Bitcoin and hold never believe in rumors fake news,Most excited things going to happen in Bitcoin history.
Once you have entered in the market and you want to make huge investments, the very first thing you should attain is the knowledge about it and the more knowledge you gain, more confident you will become. And you should be confident about your every step and your all strategies. Your confident and believe will be reflected in your good and hard work that will give you benefits.

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elisabetheva
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January 28, 2020, 07:30:55 PM
 #377

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.

Very true, if you have big doubts about the price reduction you should sell some tokens that you have to avoid the bad things that will happen later.
No not at all I don't have this kind of things in my mind that I should sell my bitcoin that early because I know bitcoin will remain at the top and it will get more pump in future so yes Time for selling is so far yet it's only time to keep holding and waiting to trust me you will never regret holding your bitcoin but you will surely cry for selling it at wrong time (today).
indeed in taking action what needs to be done right now is to be clear-minded, and not reluctant to analyze well and not be panic-prone, which actually makes a very harmful action. I agree with the opinion that in order not to rush to release bitcoin at this time, there is still a pretty good development looking at the current situation. bitcoin these days are quite good and don't be afraid to hold them in the right moment to let go.
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January 28, 2020, 09:54:53 PM
 #378

Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.

Do not spend your Bitcoins. Not now.
From what you sites above is there any where is written that we should not spend the electronic money now until later as you said your subject line? I see nothing of such dude. If we don't spend Bitcoin now when should spend it, because spending and accepting Bitcoin is the only way value will be created and more adoption will likewise follow.
That is what I want to ask if not today than when to use Bitcoin? Many people have supported this idea of not using it today but no one has given the logical reason for that. No one talk about the disadvantages of using it now. Its usage will only benefit us and this directly to the market. as this would lead to the further increase in price that would make the Bitcoin more valuable and powerful and this is the great advantage.
Not using Bitcoin now simply mean everyone holding Bitcoin should keep holding so that it will create scarcity so that its market value will appreciate since we all know that scarcity create value from our elementary Economics.
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January 29, 2020, 03:00:57 AM
 #379

Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.

Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.

People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.

That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.

99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.

Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.

Do not spend your Bitcoins. Not now.


For those not having the necessity to sell their bitcoins they better do not sell bitcoin now and keep holding, we have seen how bitcoin keeps growing by the years!
It is a matter of decades if not a few years when bitcoin will be fully accepted, it happened with the internet already, in the beginning, there were many skeptics and now just take a look how people use it every day!


matchi2011
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January 29, 2020, 03:58:11 AM
 #380

With the halving approaching, it is probably better to wait to sell. Usually the price rises leading up to the halving and then there is a small correction before another increase. If you want to sell, you could right at the halving and buy back at the correction and potentially make some profit.

Very true, if you have big doubts about the price reduction you should sell some tokens that you have to avoid the bad things that will happen later.
No not at all I don't have this kind of things in my mind that I should sell my bitcoin that early because I know bitcoin will remain at the top and it will get more pump in future so yes Time for selling is so far yet it's only time to keep holding and waiting to trust me you will never regret holding your bitcoin but you will surely cry for selling it at wrong time (today).
indeed in taking action what needs to be done right now is to be clear-minded, and not reluctant to analyze well and not be panic-prone, which actually makes a very harmful action. I agree with the opinion that in order not to rush to release bitcoin at this time, there is still a pretty good development looking at the current situation. bitcoin these days are quite good and don't be afraid to hold them in the right moment to let go.
Not unless you are a day trader where you are scalping and trying to earned from the market condition, but if you will use bitcoin for your personal
it's best to use regular fiat or other digital money instead. The momentum is getting much stronger and who knows what will happen in the next following months or years, it might reach another high.

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