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+ I always ask the buyers regarding Bitcoin...
But still nobody wants to spend BTC...
But still nobody wants to spend BTC...
I get paid in BTC regularly, have accepted it since about 2013, but more clients pay other ways. With BTC price this high I often even hesitate to accept it but I always do, and it so far has gone higher and higher.
I have not spent any BTC, simply held and accumulated for almost five years now.
+ I always ask the buyers regarding Bitcoin...
But still nobody wants to spend BTC...
Nobody want to spend their Bitcoins? Typically the sign of a bubble forming. How long will the bubble last?
The way BTC works, as with most good stocks the same, it goes up, then it drops, the weaker hands are shaken out, and then it goes on and up to new record highs with many of those weak hands buying back at higher than what they had sold at.
That's a description of a bullish phase. Bearish phases happen. Always and to every trading instrument. Ignore at your own risk.The way BTC works, as with most good stocks the same, it goes up, then it drops, the weaker hands are shaken out, and then it goes on and up to new record highs with many of those weak hands buying back at higher than what they had sold at.
I guess if you have like 100 btc, . . I would cash out next time it hits 7.6 or 8.xk. no point in risking it then. You're already like a millionaire and can invest into safer things, like 3ls, real estate, rtceteraBeen holding and accumulating BTC since about 2013, so if I had wanted to sell, would have sold what I had at that time when it first hit 1000, instead of holding and getting more and more...basically with any long term hold you have to decide whether you are in for the long haul, or going to try to trade it. My vision is going out very long term.
Spoken like a true believer. I admire your optimism.