What that “play their game” means ?
Think about it, if I buy watches for a bitcoin then more watch dealers gonna be selling in bitcoin.
Capitalism=Market
Bitcoin=Market
Life time hodl without any sell(trade) doesn’t make sense for me, sr.
Discussion
Use fiat that you're going to spend or have to spend anyway, just offer it in BTC and hodl what you put into BTC. I'm all go for that. The fiat's going to go either way, on a new watch for example, may as well go as BTC.
Thanks for your opinion sirr 🤙🏼that’s what I’m doing rn.
But my friend is doing other strategy, he hold nonstop and don’t selling, he just takes a loans of fiat guaranteed by Bitcoin, and then he profit from Bitcoin and then he repays that loans and he have even more bitcoins after that loan.
But it’s too risky and sophisticated to me and also I hate loans 🤔 But when he showed me that strategy, I were surprised kinda.
You know, you don’t need sell your btc then, and still have some fun in normal world of fiat. But also you need to be skilled imo.
Yes, it's not a risk I would take, but if it works for him then good luck.