Do what you want to your bitcoin, you are the omwer, you can hold it or sell it or use it for something else. But as for me I prefer to hold my bitcoin, I convert just little to fiat if I need money, I am not planning to sell my bitcoin, bitcoin is still too young for that. Let us expect $100000 price and more price increase will still come, then if not using your bitcoin for anything, why not just hold till life time and let your children inherit it.

You know, the typical wants and needs because we're humans as well. Take note that some of us here are like 90%+ allocated into bitcoin, so it's just natural to be spending bitcoin(or selling a small amount of bitcoin for fiat).

Yeah but holding itself doesn't increase price
Imagine every single person in Btc world is holding...


Hopefully




nice

I bought some Items Online in which accepting bitcoin and also Some dealings online here in my place where we can transact using bitcoin as long as available .

Majority of my Bitcoin is being Kept Hold for how long?  for almost a Year now as i have bought much of them early this year.

exit strategy ? yeah i want to sell all of them once reached 6 figures and i Know this is soon to come.

At the moment I am not spending my bitcoins. The bitcoin price finally bounced back above 50,000 USD, selling now my coins seems wrong. First I want to see a new ATH before considering to use my bitcoins for any purchases. I kind of stopped spending any coins once bitcoins went above 20,000 USD last year. Before that I used bitcoins regularly to buy and sell CSGO skins and to deposit and withdraw money for playing poker. The problem is just that once you buy something for coins you have a fixed price in your head and as soon as bitcoins rise higher, I feel like I lost something. Right now I don't want to do the same mistake again. Better to hold and buy in the future.

Yeah, I spend it, I treat it like money. But the most I do with my bitcoin is pay with my basic necessities, like internet, electricity and water and some credit cards. We are lucky that we have a local exchange that supports this kind of payment and then some.


I also have some bitcoins that I have been holding for at least a year or do. Keep in a hardware wallet and for safe keeping.

Not sure if I have some price in my mind that I will cash out, maybe if we reach 6 digits sometime in December or early next year, I might be tempted to offload some.

Why would you spend your bitcoin on stuff now when you can spend them tomorrow and buy more of the same stuff? And when tomorrow arrives, it becomes today and you wait the next tomorrow. I know it sounds confusing but believe me, bitcoin is not meant to be spent. You should hodl it. I know, I know, you're going to ask me, "but what If I need to buy a house? A car? I already became rich! may I sell now?" No. Why sell now and buy a house when you can sell next year and buy 2 houses?

HODL, I would NEVER waste my bought Bitcoins unless it was truly a need to use it for censorship-resistant value transfer. Because if I bought it only to merely spend it, then why buy it? Use the fiat for spending instead. It will be more efficient that way.

What is the point of holding then if you can never benefit from being resistant to the temptation to sell? Bitcoin, an ever-growing currency, certainly incentives you to delay consumption, but you can't delay it indefinitely. Human beings, even those with the lowest possible time preference, cannot value the future more than the present, because there are some basic needs humans have to satisfy in order to live and survive. It is therefore nonsense to not spend your money if you are, for example, about to starve to death. The only reason I can think of you are not yet spending your bitcoin is that you have "worse" money to spend. Otherwise, if you lived off bitcoin only, it would be impossible to hold it without selling some occasionally.

Well, I didn't sell all the bitcoin and I'm not going to do such a thing but I just sold a little part of it to take profit and place the money I got in other markets, In other words, I just extended the basket of my assets to have a more safe investment plan. However, for people who didn't sell anything and they just hold in the long-term bitcoin is always profitable so I'm going to keep the main part of my investments at least until the next halving.