On a personal level it depends on if you want to generate more bitcoin using bitcoin or instead use cash to create bitcoin aka pay for miners in hard currency ads etc because you value Bitcoins intrinsic value proposition more than cash.
Of course when panic sets in and a price drop occurs its because people see more value in being in cash till the blood is off the charts of course and or confidence revives the economy and demand functions.
Well, if what you are earning from bitcoin is higher than what you are going to spend then there is no harm in that, you can always mange your savings and spent bitcoin just like regular money, but if you can spend real money and save the bitcoin that would be better, because saving bitcoin is a passive way of getting income.
Published at Thu, 16 Mar 2017 13:06:13 +0000
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