Obsessive HODLing - Is It Time to Start SPEDNing?

in #crypto7 years ago (edited)

lemo3gfijgjsi.jpg

There's a very good reason that holding is strongly encouraged and is so deep in our culture. If we didn't encourage it, this new world of ours wouldn't have gained much ground.

But has hodling grown into an imbalance for you?

I know you've been trained not to spend it.

I know it's scary to spend it. It could skyrocket in value, and what's worth .01 USD today could be worth 1 billion USD down the road. You could spend the rest of your life regretting that meal you treated yourself to that could have turned into a cushy life for all your successive generations.

It's quite fascinating to watch how those who are successful in crypto live. Many are quite miserly, not affording themselves a new pair of shoes when the sole is falling off theirs, because there's no ROI on a pair of shoes.

10a1k7.jpg
Source

I hope you're giving yourself the comfort and enjoyment and adventure that you deserve. You have truly changed the world, and have made my life and the lives of many, many others easier, more exciting, and full of hope for the future.

You're not promised tomorrow. You're not promised the next few years.

You don't have to get all decadent about it, but get out there and live a fucking awesome life!

balance.jpg

Source

To move into the next phase of actually changing the world and moving toward mainstream adoption, we're going to have to start using our crypto.

If amazon starts accepting crypto, if paypal starts accepting crypto, we'll be golden. We have to show them that they're missing out by not accepting it.

We should still hold. But if you're a big fish in this pond, could it be that's it's time to move onto the next phase? And for an awesomeness life factor: is it time to start spending?

Thank you, thank you, thank you for your investment in time, energy, and funds.

Image 1 Source


Bitcoin: 1ApRtFyW4XQDzAhjBYwiHVd7nAPp9FGTRL

BCH: qr5pfz76tcqcpdzxlsr0urq6x8lwjj5unyp4h0nv2t

Ethereum: 0x30a5F891414Ee02D25c7Ca4739C344a0960A7C46

Litecoin: LP8NkgnH3awkA8GKYfdT19kxtDnJKroCo5

Sort:  

Gresham's law ( "bad money drives out good" )prevents BTC from being used as money. When you have continually devaluating fiat. There is no good reason to use a defaltionary, possible store of wealth currency for normal purchases. Unless you just have too many of said coins, which may be the case for a few people.

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BCHBitcoin Cash1291.660$5.5%-14.02%
BTCBitcoin10336.700$1.59%3.33%
ETHEthereum875.218$6.94%-6.15%
LTCLitecoin209.943$5.35%-5.84%

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.029
BTC 56618.92
ETH 2337.15
USDT 1.00
SBD 2.40