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Topic: Best way to spend Bitcoin? Newbie's opinion. - page 2. (Read 18737 times)

hero member
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usually im use for topup number phone, pay monthly electric cost, buy T-shirt, jeans etc. more of merchand only small market, but if i need sometimes like book etc. im sell my bitcoin to local exchange then buy it what i needs.
That's good and you can use bitcoin for the payment of your monthy bills. We have almost the same things that wants to happen and buy with the use of bitcoin.
copper member
Activity: 1218
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usually im use for topup number phone, pay monthly electric cost, buy T-shirt, jeans etc. more of merchand only small market, but if i need sometimes like book etc. im sell my bitcoin to local exchange then buy it what i needs.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Based on your luck you might get good earning if you engage into gambling or other forms of bitcoin earning.

I think this is not the best way to spend bitcoin by playing it to gamble. But if you got lots of bitcoin then it is still on your decision where you are going to spend it. And playing with it have a chance to eat all your bitcoins. But if you want to spend it that way.
Much better to spend it on something you know in investment.
legendary
Activity: 3234
Merit: 1214
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You could convert it to fiat unless you are wanting to promote the coin by spending bitcoin directly.  If you want to spend as bitcoin, I suggest doing a search for companies online that accept it.

There is a separate thread in which you can know about all the websites that accept bitcoin for their services. Better is to convert to fiat and use as the possibility to get the product or service you look for is unlikely.
sr. member
Activity: 364
Merit: 254
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You could convert it to fiat unless you are wanting to promote the coin by spending bitcoin directly.  If you want to spend as bitcoin, I suggest doing a search for companies online that accept it.
hero member
Activity: 672
Merit: 500

I think spend on internet is better, direct payments to the site where you are buying, without extra fees and banks involved. Buying virtual stuff I mean. But convert BTC into your country money can be a good deal, so you can use it daily on your life. Because many stores don't accept crypto-currencies yet.

use bitcoin as paymrnt processor is good idea, more big market not accept bitcoin, but we can use coupon feature, buying coupon code use bitcoin then use the coupon code to buying anything what you want.
hero member
Activity: 1190
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I still prefer to convert my bitcoin to my fiat and reserved for the useful things. Because I'm worried for the shipping fee when I spend it online store unless if its just only base in our country since I have experienced on purchasing online.

Buy and sell business is a good idea, I'm dreaming it of too.

I also did the same thing as you, because in my country it is rare that accept bitcoin payments, but if possible I would spend my bitcoin for shopping, because the fee are small and easy to use.

but I'd rather grow than always spent my bitcoin.


I think spend on internet is better, direct payments to the site where you are buying, without extra fees and banks involved. Buying virtual stuff I mean. But convert BTC into your country money can be a good deal, so you can use it daily on your life. Because many stores don't accept crypto-currencies yet.
hero member
Activity: 3150
Merit: 636
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Based on your luck you might get good earning if you engage into gambling or other forms of bitcoin earning.
You just not only need luck, but you also need to invest for it to have capital in able to gamble.
Much better to stay away from gambling and spend your bitcoin wisely, like buying your needs
rather than your wants.
hero member
Activity: 910
Merit: 502
Based on your luck you might get good earning if you engage into gambling or other forms of bitcoin earning.
full member
Activity: 216
Merit: 100
You need to invest it.  The more you invest the more you will make.  If you can leave it in BTC form, I would keep it and invest it.  There are a couple good exchanges out there like HIBIT, where you can trade back and forth to earn more.

Well that's true, if you don't want to spend it in real life, you could invest it...But in real life, I would still prefer to invest it or put up my own business, $4000 is big enough to start a small business like buy and sell..  Smiley

Trading need a good experience and working strategies to earn using it, otherwise it could be risky way.
hero member
Activity: 924
Merit: 1000
Best way to spend Bitcoin? That is only a question for the rich people among us. I think the best way to spend your bitcoins is to give it away to the poor. It helps them to survive and it gives you a good feeling. Smiley
full member
Activity: 210
Merit: 100
Convert your bitcoin and buy only your needs, this is the safe way to spend your bitcoins wisely.i always do this way.
legendary
Activity: 1316
Merit: 1145
I still prefer to convert my bitcoin to my fiat and reserved for the useful things. Because I'm worried for the shipping fee when I spend it online store unless if its just only base in our country since I have experienced on purchasing online.

Buy and sell business is a good idea, I'm dreaming it of too.

I also did the same thing as you, because in my country it is rare that accept bitcoin payments, but if possible I would spend my bitcoin for shopping, because the fee are small and easy to use.

but I'd rather grow than always spent my bitcoin.
hero member
Activity: 2464
Merit: 594
I still prefer to convert my bitcoin to my fiat and reserved for the useful things. Because I'm worried for the shipping fee when I spend it online store unless if its just only base in our country since I have experienced on purchasing online.

Buy and sell business is a good idea, I'm dreaming it of too.
global moderator
Activity: 2324
Merit: 1179
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You need to invest it.  The more you invest the more you will make.  If you can leave it in BTC form, I would keep it and invest it.  There are a couple good exchanges out there like HIBIT, where you can trade back and forth to earn more.

Well that's true, if you don't want to spend it in real life, you could invest it...But in real life, I would still prefer to invest it or put up my own business, $4000 is big enough to start a small business like buy and sell..  Smiley
hero member
Activity: 588
Merit: 500
You need to invest it.  The more you invest the more you will make.  If you can leave it in BTC form, I would keep it and invest it.  There are a couple good exchanges out there like HIBIT, where you can trade back and forth to earn more.
sr. member
Activity: 378
Merit: 250
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I prefer to hold my bitcoins for now but you can search for businesses in your area that accept them.  It depends on where you are located.
legendary
Activity: 1316
Merit: 1145
Forget your BTC and see it again in 2 years!!!

if you can wait for two years more then just wait until the next halving in 2020, the value should skyrocket due to better adoption by that time

great idea
oke let's create new paper wallet then saving some amount per week/month and waiting 2020, hope i can reach 50BTC at 2020  Roll Eyes

50 bitcoins is a good ambition. It is easy to collect these amount of bitcoin now. It will be more difficult in 4 years.

agree it, but with trading i hope i can reach 50btc at this year..
hard work, smart plan, and keep spirit to earn bitcoin as more as posible.

Earning 50 bitcoin within this year is hard, only possibility to earn 50btc is gambling. Trading never gives such a big profit.

you can get earn 50 btc in gambling, also you can lose 50 btc in gambling


anything can happen on gambling, if you have luck, especially on sports betting, like making a parlay.
you can make the odds as big as possible and if you are lucky you will get it. I have experienced this, but not so much.

Sports betting is good in compare to casino games, as you hold knowledge of game and you always have an opportunity to earn profits.

Yes, right, one of the advantages in sports betting if we have knowledge of this team is very profitable.
and also sports betting will not be cheated like casino.
legendary
Activity: 1456
Merit: 1000
Can you pay for holiday with bitcoin?

By saving up enough coins and cashing them out?  It is very possible for some to do this there are some called whales that have large holdings.  If your thinking of a small faucet user or something then no... no vacation.

But all it would take is selling BTC at an exchange to get the money for vacation assuming you have the BTC.
newbie
Activity: 42
Merit: 0
Can you pay for holiday with bitcoin?
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