I would like to hear ideas on how i can utilize my #bitcoin instead of it just sitting in an exchange or hardware wallet?

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Buy stuff with it

Sure, but iβ€˜d rather hodl

I prefer also some spend and replace

Sitting on a hardware wallet is utilizing bitcoin. It stores value over time.

People seem to think that they have to do something with it. That's a recipe to loose the bitcoin and to get rekt.

Exactly. But i would also use it, spend and replace

As mentioned above.

Sit in a hardware wallet.

Spend and replace