Do you use bitcoin as currency or investment? - page 18.

torrentheaven

hero member

Activity: 952

Merit: 1000

Quote from: Ryananda on September 11, 2016, 06:24:27 AM

Quote from: co5hike on September 11, 2016, 05:36:34 AM

Quote from: serjent05 on September 11, 2016, 05:34:08 AM

Quote from: Spirit2016 on September 11, 2016, 04:46:39 AM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

First of all it is an investment, but I do not trust any one exchange, and when you want to, it is better to translate into real money your income and keep them in the bank. This is probably the best option. After the incident, I will work with Bitfinex differently.

I agree that bitcoin is an investment, but before it became an investment it was first as currency. So i use bitcoin both as currency and investment. I use and convert a certain percentage for my monthly needs and then invest another percent of it to earn more bitcoin and grow it. So that I won't dried up of bitcoin in my stash.

Well to take bitcoin as a currency to a next level we should use it as a currency, as rotation of coins is important for the better future of bitcoins, as only holding will not help in long run.

Yes you're right, but it only makes digital currency. To become a currency that can be used directly bitcoin should have a form as a means of exchange directly. And bitcoin require a lot of changes, especially on price stability. I think bitcoin extremely suitable for investment as it would a very important advantage.

If price gets stable then you cannot expect higher profits in future, people are investing their money in bitcoins only to take advantages from price fluctuations.

Ryananda

sr. member

Activity: 812

Merit: 250

Quote from: co5hike on September 11, 2016, 05:36:34 AM

Quote from: serjent05 on September 11, 2016, 05:34:08 AM

Quote from: Spirit2016 on September 11, 2016, 04:46:39 AM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

First of all it is an investment, but I do not trust any one exchange, and when you want to, it is better to translate into real money your income and keep them in the bank. This is probably the best option. After the incident, I will work with Bitfinex differently.

I agree that bitcoin is an investment, but before it became an investment it was first as currency. So i use bitcoin both as currency and investment. I use and convert a certain percentage for my monthly needs and then invest another percent of it to earn more bitcoin and grow it. So that I won't dried up of bitcoin in my stash.

Well to take bitcoin as a currency to a next level we should use it as a currency, as rotation of coins is important for the better future of bitcoins, as only holding will not help in long run.

Yes you're right, but it only makes digital currency. To become a currency that can be used directly bitcoin should have a form as a means of exchange directly. And bitcoin require a lot of changes, especially on price stability. I think bitcoin extremely suitable for investment as it would a very important advantage.

co5hike

hero member

Activity: 798

Merit: 1000

Quote from: serjent05 on September 11, 2016, 05:34:08 AM

Quote from: Spirit2016 on September 11, 2016, 04:46:39 AM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

First of all it is an investment, but I do not trust any one exchange, and when you want to, it is better to translate into real money your income and keep them in the bank. This is probably the best option. After the incident, I will work with Bitfinex differently.

I agree that bitcoin is an investment, but before it became an investment it was first as currency. So i use bitcoin both as currency and investment. I use and convert a certain percentage for my monthly needs and then invest another percent of it to earn more bitcoin and grow it. So that I won't dried up of bitcoin in my stash.

Well to take bitcoin as a currency to a next level we should use it as a currency, as rotation of coins is important for the better future of bitcoins, as only holding will not help in long run.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: Spirit2016 on September 11, 2016, 04:46:39 AM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

First of all it is an investment, but I do not trust any one exchange, and when you want to, it is better to translate into real money your income and keep them in the bank. This is probably the best option. After the incident, I will work with Bitfinex differently.

I agree that bitcoin is an investment, but before it became an investment it was first as currency. So i use bitcoin both as currency and investment. I use and convert a certain percentage for my monthly needs and then invest another percent of it to earn more bitcoin and grow it. So that I won't dried up of bitcoin in my stash.

Spirit2016

sr. member

Activity: 246

Merit: 250

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

First of all it is an investment, but I do not trust any one exchange, and when you want to, it is better to translate into real money your income and keep them in the bank. This is probably the best option. After the incident, I will work with Bitfinex differently.

umaOuma

hero member

Activity: 938

Merit: 1000

Quote from: salmanahmedone on September 11, 2016, 04:33:15 AM

Quote from: I Am Hero on September 10, 2016, 10:12:01 PM

i use bitcoin as an investment but also i try to use it as a currency too. so i look around and if i find a place that accepts bitcoin i will use bitcoin to pay.

For me bitcoin is a currency but in reality it gives you an investment opportunity too. I save most of my bitcoins and since the price is constantly increasing , i will gain a lots of profit in future.

At a moment we don't have an option to spend at physical places so its better to save them for the future and sell when it is allowing you to make great profits.

salmanahmedone

hero member

Activity: 602

Merit: 500

Quote from: I Am Hero on September 10, 2016, 10:12:01 PM

i use bitcoin as an investment but also i try to use it as a currency too. so i look around and if i find a place that accepts bitcoin i will use bitcoin to pay.

For me bitcoin is a currency but in reality it gives you an investment opportunity too. I save most of my bitcoins and since the price is constantly increasing , i will gain a lots of profit in future.

delliaerd

hero member

Activity: 672

Merit: 500

Quote from: peta4e on September 11, 2016, 04:13:12 AM

Quote from: katrimans on September 11, 2016, 03:54:07 AM

Quote from: pinkpanther03 on September 09, 2016, 10:28:57 PM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

I am usually using it most of the time both, it is very profitable especially in investment for trading, we can grow our bitcoin faster rather than any investment in bitcoin world.

Trading is a bright aspect when using bitcoins because we can trade with various assets and hence capitalize our profits. Though sometimes I think trading should not be done unless we have a lot of knowledge about the asset we are going to invest with, since the arrival of so many new altcoins I have to think this way.

That's true and there are many shit coins available that can take away your investments in no time, so its better to do a good research before investing in any new coin.

In my point of view trading bitcoin and treat bitcoin like investment on trading will come a big profit. At first start with low capital when you don't have experience also knowledge about what are you doing for. Take as learn from your mistake i means while you loss .
I think still many Cryptocurrency besides bitcoin is good for trading based i seems the fluctuations like monero or other else that is not shit coin as you said dude !

peta4e

hero member

Activity: 672

Merit: 500

Quote from: katrimans on September 11, 2016, 03:54:07 AM

Quote from: pinkpanther03 on September 09, 2016, 10:28:57 PM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

I am usually using it most of the time both, it is very profitable especially in investment for trading, we can grow our bitcoin faster rather than any investment in bitcoin world.

Trading is a bright aspect when using bitcoins because we can trade with various assets and hence capitalize our profits. Though sometimes I think trading should not be done unless we have a lot of knowledge about the asset we are going to invest with, since the arrival of so many new altcoins I have to think this way.

That's true and there are many shit coins available that can take away your investments in no time, so its better to do a good research before investing in any new coin.

katrimans

hero member

Activity: 882

Merit: 500

Quote from: pinkpanther03 on September 09, 2016, 10:28:57 PM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

I am usually using it most of the time both, it is very profitable especially in investment for trading, we can grow our bitcoin faster rather than any investment in bitcoin world.

Trading is a bright aspect when using bitcoins because we can trade with various assets and hence capitalize our profits. Though sometimes I think trading should not be done unless we have a lot of knowledge about the asset we are going to invest with, since the arrival of so many new altcoins I have to think this way.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: Hatuferu on September 10, 2016, 10:01:35 PM

Quote from: hajimasan on September 10, 2016, 09:32:19 PM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

i am uses bitcoin as a investment purpose only . because i think with the investment we can get a better amount of profit .
i am not using bitcoin as a currency because there is high dee charge to buy goods in some cases . somewhere i found there is about 3-4% fee to buy goods with btc . however i am also not interested to buy products only through btc .

For now, you are in the right side, investment is the best focus since bitcoin is still in its young stage and we can see more room of price improvement in the future, and that is why we are betting on the future of bitcoin through consistently saving our bitcoin while waiting for the right timing to cash out with profit.

By seeing we invest with bitcoins is a very general term on investing. There are many ways we can invest through bitcoins like online casino house bankroll investment, ico cryptocurrencies, exchange and trading, and the like. So, if we have little amount of bitcoin at the moment, we better focus our investment to one investment vehicle and know well that investment to mitigate risk and increase the chances of profit.

I Am Hero

member

Activity: 81

Merit: 10

i use bitcoin as an investment but also i try to use it as a currency too. so i look around and if i find a place that accepts bitcoin i will use bitcoin to pay.

155UE

sr. member

Activity: 336

Merit: 250

Using it as an investment but don't have much to invest with right now.

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: hajimasan on September 10, 2016, 09:32:19 PM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

i am uses bitcoin as a investment purpose only . because i think with the investment we can get a better amount of profit .
i am not using bitcoin as a currency because there is high dee charge to buy goods in some cases . somewhere i found there is about 3-4% fee to buy goods with btc . however i am also not interested to buy products only through btc .

For now, you are in the right side, investment is the best focus since bitcoin is still in its young stage and we can see more room of price improvement in the future, and that is why we are betting on the future of bitcoin through consistently saving our bitcoin while waiting for the right timing to cash out with profit.

hajimasan

hero member

Activity: 882

Merit: 500

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

i am uses bitcoin as a investment purpose only . because i think with the investment we can get a better amount of profit .
i am not using bitcoin as a currency because there is high dee charge to buy goods in some cases . somewhere i found there is about 3-4% fee to buy goods with btc . however i am also not interested to buy products only through btc .

dandroid

member

Activity: 70

Merit: 10

Initially I bought a few Bitcoins as an investment , but more recently I have been spending them with different websites, for using services like Steam.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

i am using bitcoin as a currency as well as investment . i mean as a both , i am using my btc to earn more ntc through trading and increase price and sell after increase price .
and i am using btc at purse.io site to purchase hift card and good .
through btc i have a better option now to spent money .

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: terman45x on September 09, 2016, 10:03:01 AM

Quote from: fravia on September 09, 2016, 09:28:53 AM

Quote from: fkvidar on September 09, 2016, 07:28:35 AM

Its an long term investment for me so I don't prefer to use it as a currency, but I do sell them when I am in urgent need of money so I sell them and convert it to my local currency.

well yeah a lot of people treat it as a long term investment, they remember the last price growth to a new all time high and they are willing that something like that well happen once again

To be honest I also have some bitcoins in my wallet and I hold it in order to make some money in a longer run though I really doubt that the growth of the same size might happen once again in the future

In my opinion bitcoin should be used not only as an investment option but also as a currency that would give us a possibility to pay for our shopping fast and easy as it would surely be beneficial in the future when our life gets busier and busier

When the usage and acceptance of bitcoin will increase in future then people will surely start using it as a currency and our primary concern should be to spend to make it more stronger currency in future.

We can make bitcoin stronger by both investing and spending. By spending, we make the merchandisers stronger and make more merchandisers adopt bitcoin. This will make more users because there will be more places we can spend bitcoin. And by investing or holding, the volume of bitcoin higher and the price stronger.

Noctis Connor

hero member

Activity: 1008

Merit: 540

Quote from: kim.apps on September 09, 2016, 03:32:30 PM

I use them for both, currency or investment. Because I make profit with bitcoin trading and I also buy sometimes stuff with it, mostly digital stuff. And I save good part of it for the long run.

Thats good that you are making profit now im amaze people making profit with trading is awesome hope that you can teach me some techniques so that i can able to do some trading too i want to try buy some alt coin where i can grow my bitcoin too

justspare

hero member

Activity: 1022

Merit: 538

Quote from: agamasrori on September 10, 2016, 12:16:34 AM

Quote from: pinkpanther03 on September 09, 2016, 10:28:57 PM

Quote from: ABCbits on April 28, 2016, 02:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

I am usually using it most of the time both, it is very profitable especially in investment for trading, we can grow our bitcoin faster rather than any investment in bitcoin world.

Yes I am agree with you, using bitcoin as currency and using bitcoin as investment must be balance. Because we need to keep earning bitcoin. So we can use ot to buy something in online shop. Even using big amount in investment can make our bitcoin grow up fastly.

Bitcoin is a currency and an investment for most people. Why? Because it is the most logical thing to do. Spend some of it and then keep the rest and wait for the price to rise.

Topic: Do you use bitcoin as currency or investment? - page 18. (Read 74604 times)