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Topic: Do you use bitcoin as currency or investment? - page 2. (Read 74604 times)

legendary
Activity: 1162
Merit: 1000
as there are very little facilities of using bitcoins as currency, but still i can use it for my mobile recharge but most of the time i use bitcoin as investment and i mostly invest bitcoins in alt coins.
yes more sayapun use bitcoin as a form of investment. by investing in bitcoin I can get more money and also great. it makes me happy and also happy.
hero member
Activity: 658
Merit: 500
as there are very little facilities of using bitcoins as currency, but still i can use it for my mobile recharge but most of the time i use bitcoin as investment and i mostly invest bitcoins in alt coins.
Lol yeah although bitcoin is still not too mainstream, resulting in bitcoin does not have many stores that adopt a partner for bitcoin payment, but I will always try to use bitcoin bitcoin or spending, possible to buy things trivial, such as phone top ups, etc
sr. member
Activity: 462
Merit: 250
as there are very little facilities of using bitcoins as currency, but still i can use it for my mobile recharge but most of the time i use bitcoin as investment and i mostly invest bitcoins in alt coins.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
It's all about investing for me..

With me either I am using bitcoin as investment but as of now I'm not just sticking for using bitcoin as investment. But I am using it too as currency.

Because I am using it for paying some bills online and buying mobile loads so I find it very convenient and fast using. So I am using it as both.

I am moving forward that I am going to invest bigger amount to bitcoins.
full member
Activity: 210
Merit: 100
isn't it an investment if you are keeping and holding it to your wallet ? i am using my bitcoin as a currency of course that's what it should be but at the same i am leaving some of it on my wallet . bitcoin is not supposed to be an investment that's what i knew so i think many people are using it as a currency .
hero member
Activity: 837
Merit: 1000
It's all about investing for me..
hero member
Activity: 1806
Merit: 672
I am using it as an investment, but not a online investment though, better buy some stocks or safe up and get some real estate.
I think if you're using bitcoin to buy stocks or real estate that included investment or included in the spending bitcoin bitcoin,
I'm also more likely to use bitcoin for investment compared to currencies

Currently a lot of people are using bitcoin  as an investment the reason is that they do not have much knowledge about those sites where they can buy things easily with their bitcoins.
i use it as an investment only to be honest, i think that it can make me some decent money in the future

I think that is not smart you should also sometimes pay with it, it just feels great and there is nothing wrong with doing this if you are asking me.
I'm doing both at the moment speaking.
No. The only way I am using my bitcoin is when I really ran out of fiat money, I want my bitcoin to grow even its just in my wallet, even if I use it now it's dollar equivalent is low compared to last June which my bitcoin will have a lower buying power compared to that month. But when I earn a decent amount of bitcoin I would like to convert it to fiat and then reinvest the fiat money into the stock market.
sr. member
Activity: 448
Merit: 250
I am using it as an investment, but not a online investment though, better buy some stocks or safe up and get some real estate.
I think if you're using bitcoin to buy stocks or real estate that included investment or included in the spending bitcoin bitcoin,
I'm also more likely to use bitcoin for investment compared to currencies

Currently a lot of people are using bitcoin  as an investment the reason is that they do not have much knowledge about those sites where they can buy things easily with their bitcoins.
i use it as an investment only to be honest, i think that it can make me some decent money in the future

I think that is not smart you should also sometimes pay with it, it just feels great and there is nothing wrong with doing this if you are asking me.
I'm doing both at the moment speaking.
sr. member
Activity: 268
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I am using it as an investment, but not a online investment though, better buy some stocks or safe up and get some real estate.
I think if you're using bitcoin to buy stocks or real estate that included investment or included in the spending bitcoin bitcoin,
I'm also more likely to use bitcoin for investment compared to currencies

Currently a lot of people are using bitcoin  as an investment the reason is that they do not have much knowledge about those sites where they can buy things easily with their bitcoins.
i use it as an investment only to be honest, i think that it can make me some decent money in the future
legendary
Activity: 1484
Merit: 1029
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment.

I am doing the same thing here. Instead of using bitcoins for purchasing anything online, I just use fiat money to do those processes. What I do with my bitcoins is to hold some of it while I trade and offer for loans the rest of my bitcoins. I just make it sure that I always finds a way to make my bitcoins grow as time goes by.

Eventually I plan to siphon off a defined percentage of my profits into a spending or 'output bucket', but I want a large 'reserve bucket' before I get there, I'm still increasing my 'trading buckets' and not really filling up the reserve yet. I will also have a 'reallocation bucket' which will be used to invest a percentage of profits in other types of investment such as shares, index funds, commodities etc.

You are talking of both bitcoin and fiat money, right? Because I believe we can't still use bitcoins to invest in index funds and other commodities and the like. I presume that your bucket are assigned to bitcoins and fiat money for an investment. It is good and healthy to do it that way as long as you really know what you are doing in these kinds of investment vehicles.

Yes your right, I'm allocating funds to Bitcoin and to fiat, so trying to keep up to date in both areas. For index funds, its much easier since I just have a few indexes that I'm investing into and am getting between 8% and 20% return per year on them at current rates. For BTC there is a lot more research involved as I'm looking at many types of alt coins. I can't trade so much on the stock market since the brokerage fees are so high - so I and a monthly fixed buy order on each the indexes that I'm tracking which has a significantly lower brokerage fee. With bitcoin, the fees are only 0.2%, for stock market they are charging £15 per trade meaning you'd have to trade with vast amounts of capital to get the same commission rates - and I'm nowhere near that kind of level =)
sr. member
Activity: 389
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I am using it as an investment, but not a online investment though, better buy some stocks or safe up and get some real estate.
I think if you're using bitcoin to buy stocks or real estate that included investment or included in the spending bitcoin bitcoin,
I'm also more likely to use bitcoin for investment compared to currencies
i think it is better to not buy such stuff and you should just do cryptocurrency trading in order to make money
sr. member
Activity: 756
Merit: 294
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment.

I am doing the same thing here. Instead of using bitcoins for purchasing anything online, I just use fiat money to do those processes. What I do with my bitcoins is to hold some of it while I trade and offer for loans the rest of my bitcoins. I just make it sure that I always finds a way to make my bitcoins grow as time goes by.

Eventually I plan to siphon off a defined percentage of my profits into a spending or 'output bucket', but I want a large 'reserve bucket' before I get there, I'm still increasing my 'trading buckets' and not really filling up the reserve yet. I will also have a 'reallocation bucket' which will be used to invest a percentage of profits in other types of investment such as shares, index funds, commodities etc.

You are talking of both bitcoin and fiat money, right? Because I believe we can't still use bitcoins to invest in index funds and other commodities and the like. I presume that your bucket are assigned to bitcoins and fiat money for an investment. It is good and healthy to do it that way as long as you really know what you are doing in these kinds of investment vehicles.
legendary
Activity: 1484
Merit: 1029
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment.

I am doing the same thing here. Instead of using bitcoins for purchasing anything online, I just use fiat money to do those processes. What I do with my bitcoins is to hold some of it while I trade and offer for loans the rest of my bitcoins. I just make it sure that I always finds a way to make my bitcoins grow as time goes by.

Eventually I plan to siphon off a defined percentage of my profits into a spending or 'output bucket', but I want a large 'reserve bucket' before I get there, I'm still increasing my 'trading buckets' and not really filling up the reserve yet. I will also have a 'reallocation bucket' which will be used to invest a percentage of profits in other types of investment such as shares, index funds, commodities etc.
sr. member
Activity: 756
Merit: 294
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment.

I am doing the same thing here. Instead of using bitcoins for purchasing anything online, I just use fiat money to do those processes. What I do with my bitcoins is to hold some of it while I trade and offer for loans the rest of my bitcoins. I just make it sure that I always finds a way to make my bitcoins grow as time goes by.
legendary
Activity: 2576
Merit: 1860
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment.

Maybe it is better to save most of the bitcoins. Then use small percentage of the coins to help the network.

Mostly on investments because so far bitcoin isn't yet accepted widely. I do bet using bitcoins though.
newbie
Activity: 11
Merit: 0
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment.

Maybe it is better to save most of the bitcoins. Then use small percentage of the coins to help the network.
legendary
Activity: 1484
Merit: 1029
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment.
hero member
Activity: 770
Merit: 500
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency

yeah, bitcoins are definitely the best option of the money in my opinion, it is better to have it as an investment though
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency
hero member
Activity: 700
Merit: 501
For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.

currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic.
bitcoin is very simple to be a payment processor, easy to use tha paypal
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