Silk Road forums

Discussion => Security => Topic started by: 00Oo0o0oOo0Oo0oO on June 02, 2013, 04:38 pm

Title: How long do you hold on to bitcoins?
Post by: 00Oo0o0oOo0Oo0oO on June 02, 2013, 04:38 pm
Do you guys usually spend your coins quickly?  I purchased 2 coins last week and spent one of them.  I was hoping to wait and check out the gear before purchasing again, but now I wonder if that's a bad idea.  So basically, would you guys feel comfortable waiting around 2-3 days or would you spend them right away?
Title: Re: How long do you hold on to bitcoins?
Post by: NewStem on June 02, 2013, 04:52 pm
The bitcoin has been very stead since that March bubble burst. As currencies do, it's value has been meekly rising over the past 2 months. You need not worry, my friend, especially at 1 bitcoin, where the fluctuations in your wallet are only at the value of a dollar.
Title: Re: How long do you hold on to bitcoins?
Post by: 00Oo0o0oOo0Oo0oO on June 02, 2013, 04:57 pm
Okay cool.  I will probably just hang on to it for a few days.  As long as it doesn't drop dramatically I will be fine.
Title: Re: How long do you hold on to bitcoins?
Post by: Deutsche Bank on June 02, 2013, 10:16 pm
I personally would only cash out Bitcoin if I'd run low on cash or need to make some purchases.