Spending Crypto Currency While It's Value is Growing Makes Me Want to Puke

in #cryptocurrency7 years ago

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I've been thinking a lot about how I could possibly live on crypto currencies. I'd love to earn my living, pay my bills, etc. all within Ethereum or another currency that makes sense for the situation. There are several glaring, obvious issues with this approach that I won't go into. The biggest one that I'd like to address is simply the fact that crypto currencies are growing at such a rate, that actually using them makes my head hurt.

I hate the idea of missing out on a potential 2x simply because I decided to pay my rent in Ethereum.

Before you go any further, I'll stop you by saying, yes, my landlord actually does accept Ethereum as payment. It's pretty awesome.

I guess my question to all of my friends in the Steemit community would be, is this a problem that I can do anything about or is it just par for the course? I'd love to hear your thoughts in the comments. Let's get a lively debate going!

-@mattboyd

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LOL I know exactly what you mean. I just want to cuddle up with my cryptos and hodl until they're all grown up and have matured. You get a follow for the crypto talk as well!

Haha yeah definitely. Any Ether that I spend today will probably end up in the regret pile. :-) Thanks for your insight and I followed back!

I feel you. I just buy and hold, I don't know when to get out of the market and actually spend my crypto because I feel it'll always be more valuable today than tomorrow.

One time I transferred 0.15 Btc to the wrong address. At the time I was pretty pissed about it, at the time this was a hundred dollar mistake, in the future it might be a thousand dolloar mistake

Yeah I've had some shakeups like that in my day too. Sending to the wrong address is a nightmare that I wouldn't wish on my worst enemy. Thanks for sharing and really appreciate you dropping by! Upvoted and Followed!

@mattboyd man I wonder the same thing! It's like, this shits going to the moon, don't SPEND IT ON PIZZAS!

New follower in me man, keep it coming!

Yeah for sure haha. Same thing I'm thinking every day! I'm definitely just gonna HODL for a while haha.

Thanks for the follow man! I gave ya a follow back!

This post received a 3.3% upvote from @randowhale thanks to @mattboyd! For more information, click here!

I spend DOGE ... but on mining contracts ;-)

Ah interesting! Did that work well for you? Any regrets?

i know how you feel things arent very well

Yeah for sure! Thanks for stopping by!! Really appreciate it!

Just how it is, you have to spend a certain amount of money, doesn't really make any difference whether its money or eth

I definitely think there's some truth to that. I just need to suck it up and spend some ether. Haha, even though it hurts a little. :-)