Do you use bitcoin as currency or investment? - page 33.

Leonard2016

hero member

Activity: 1036

Merit: 520

Quote from: extrabyte on August 25, 2016, 10:39:36 PM

Quote from: hendra147 on August 25, 2016, 10:12:30 PM

Quote from: mcjavares on August 25, 2016, 09:16:04 PM

i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising

that's like im doing with my bitcoin.
i hope in next month i can have paper wallet and start keeping some bitcoin for investment

Having a Paper wallet is best strategy for me too.. Paper wallet is most secured and safest way to store bitcoin. and you can redeem from there any time you want to invest your bitcoin..

but what if you don't have a printer? what would you do then?

i am having thir trouble, i don't have a printer and i can't just go out and ask a print shop to do the most delicate print of my life

extrabyte

legendary

Activity: 840

Merit: 1000

Quote from: hendra147 on August 25, 2016, 10:12:30 PM

Quote from: mcjavares on August 25, 2016, 09:16:04 PM

i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising

that's like im doing with my bitcoin.
i hope in next month i can have paper wallet and start keeping some bitcoin for investment

Having a Paper wallet is best strategy for me too.. Paper wallet is most secured and safest way to store bitcoin. and you can redeem from there any time you want to invest your bitcoin..

hendra147

hero member

Activity: 644

Merit: 509

Quote from: mcjavares on August 25, 2016, 09:16:04 PM

i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising

that's like im doing with my bitcoin.
i hope in next month i can have paper wallet and start keeping some bitcoin for investment

mcjavares

full member

Activity: 178

Merit: 100

i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising

madwica

hero member

Activity: 714

Merit: 531

Quote from: vasrasus on August 25, 2016, 08:07:19 PM

I use it as investment and as loading station as for me I don't need to text my friends for reload and then pay later or go outside to purchase load. I would only use coins.ph to reload my sim for internet more of savings because than paying for my load it will only deduct on my bitcoin. So convenient and safer.

You already used both in your bitcoin base on your statement that is what i do in my bitcoin sometimes i use it to pay my bills and shop online but i have portion of bitcoin that i can keep as my investment to have income while i am spending some of my bitcoin.

vasrasus

hero member

Activity: 946

Merit: 500

Bcnex - The Ultimate Blockchain Trading Platform

I use it as investment and as loading station as for me I don't need to text my friends for reload and then pay later or go outside to purchase load. I would only use coins.ph to reload my sim for internet more of savings because than paying for my load it will only deduct on my bitcoin. So convenient and safer.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: SmirnoffVany on August 25, 2016, 04:33:17 PM

Quote from: delliaerd on August 25, 2016, 04:23:14 PM

Quote from: hendra147 on April 28, 2016, 05:40:53 AM

I also use both. but I prefer to investment, because I worked to grow bitcoin, because as currency is still limited.

Both of as currency and as investment is really profitable. I'd like to treat both of that. Especially invest bitcoin will so profitable, beside the price commonly increase, it is so good to trading with bitcoin.

Actually bitcoin if not to acquire, and produce, it is possible to simultaneously invest some coins, and the other part has to translate into real currency to use for their needs.

The instant processing of bitcoin without requiring a lot of procedural it's the main reason for me to fall into bitcoin, but I think we can't say using bitcoin for a currency because at first bitcoin is made become a currency and not another things but bitcoin having some advantages in them.

Osarman

hero member

Activity: 952

Merit: 503

Quote from: fireball4 on August 25, 2016, 05:35:58 PM

Quote from: ironm@n on August 25, 2016, 09:05:50 AM

Quote from: umaOuma on August 25, 2016, 07:38:41 AM

Quote from: elyas772 on August 25, 2016, 07:36:33 AM

sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?

Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it.

Certainly, and I believe that most users use for these purposes as well.

well yeah there is a vast amounts of benefits that bitcoin gives and for me investment possibility is the best as it can make me money

there is maximum people use bitcoin as investment , as buy bitcoin with low price and then wait until increase its price to higher and then sell it in higher price and get a good profit from bitcoin.

fireball4

sr. member

Activity: 288

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: ironm@n on August 25, 2016, 09:05:50 AM

Quote from: umaOuma on August 25, 2016, 07:38:41 AM

Quote from: elyas772 on August 25, 2016, 07:36:33 AM

sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?

Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it.

Certainly, and I believe that most users use for these purposes as well.

well yeah there is a vast amounts of benefits that bitcoin gives and for me investment possibility is the best as it can make me money

SmirnoffVany

sr. member

Activity: 243

Merit: 250

Quote from: delliaerd on August 25, 2016, 04:23:14 PM

Quote from: hendra147 on April 28, 2016, 05:40:53 AM

I also use both. but I prefer to investment, because I worked to grow bitcoin, because as currency is still limited.

Both of as currency and as investment is really profitable. I'd like to treat both of that. Especially invest bitcoin will so profitable, beside the price commonly increase, it is so good to trading with bitcoin.

Actually bitcoin if not to acquire, and produce, it is possible to simultaneously invest some coins, and the other part has to translate into real currency to use for their needs.

delliaerd

hero member

Activity: 672

Merit: 500

Quote from: hendra147 on April 28, 2016, 05:40:53 AM

I also use both. but I prefer to investment, because I worked to grow bitcoin, because as currency is still limited.

Both of as currency and as investment is really profitable. I'd like to treat both of that. Especially invest bitcoin will so profitable, beside the price commonly increase, it is so good to trading with bitcoin.

2legit2

sr. member

Activity: 406

Merit: 250

Quote from: ironm@n on August 25, 2016, 09:05:50 AM

Quote from: umaOuma on August 25, 2016, 07:38:41 AM

Quote from: elyas772 on August 25, 2016, 07:36:33 AM

sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?

Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it.

Certainly, and I believe that most users use for these purposes as well.

well there are a lot of purposes, my main thing is that i want to make some good profit out of it so i invest into bitcoins

ruselbd

sr. member

Activity: 308

Merit: 250

I am utilizing bitcoin as coin, I am acquiring that from web and I don't promptly change that earned add up to fiat however they are stayed in my wallet and at whatever point I have to purchase something , first I attempt to purchase that with bitcoin and when it can't purchase that with bitcoin then I change over that to fiat and spend

skysblu

full member

Activity: 219

Merit: 205

_Bitcoin Africa_

Quote from: ironm@n on August 25, 2016, 09:05:50 AM

Quote from: umaOuma on August 25, 2016, 07:38:41 AM

Quote from: elyas772 on August 25, 2016, 07:36:33 AM

sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?

Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it.

Certainly, and I believe that most users use for these purposes as well.

yeah investing into bitcoins is really good for me to be honest though besides that i also rarely do shopping online with bitcoins

bitcoinvestor

hero member

Activity: 812

Merit: 501

I use both, I use bitcoin as an investment and currency, I usually pay the electrical bill with bitcoin because that is the easiest way to spend bitcoin in my country. Curently, there are not many stores that accept bitcoin. However some services like phone and electrical billing accept bitcoin.

agustina2

legendary

Activity: 2436

Merit: 1008

Quote from: ImHash on August 24, 2016, 11:15:11 AM

I have been thinking about this lately, how can you tell the difference between currency and investment?
Because if you have something of value then you can trade it which makes it equal to a currency.
And when you have something that has value of currency only then you can turn it into an investment.
So currency or investment, both are the same.

Currency and investment has different meaning literally but if we will take it "Using bitcoin as currency or investment" this is the appropriate answer in my own view.

Using bitcoin as a currency means like the way you treat fiat. No holding for price increase but rather using it regularly to the things you want to use it like fiat.

Bitcoin as investment means... yes it's already obvious. You will put money in bitcoin and you are expecting good returns out of it.

skysblu

full member

Activity: 219

Merit: 205

_Bitcoin Africa_

Quote from: hulla on August 25, 2016, 08:44:26 AM

Quote from: jerowacik on August 25, 2016, 05:05:47 AM

I use bitcoin for both. I invest to make trades and I also purchase various necessities of life using bitcoin.
bitcoin is so easy and practical to use.

Yes,you're right when you said using bitcoin is so easy and it nice either to use bitcoin as currency or investment but you need to be more careful in other not to loose your bitcoin just like that cos there's a lot of risk involve in using bitcoin as investment.

well if you will invest into bitcoins then you might lose a lot of money because no one knows ho will investments turn out

Shibashi Dogemoto

hero member

Activity: 840

Merit: 1000

Its a 70/30 ratio for me, 70% goes into investment and rest 30% is used as a currency for buying online stuffs, and most of the coins are invested in trading.

Akupuniard

sr. member

Activity: 406

Merit: 250

Mostly using as currency, i am not so good in bitcoins to invest my money, i need some advice from trusted people before i will do this, but i can use it as currency without problems.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: agustina2 on August 25, 2016, 04:29:11 AM

Quote from: Imoote on August 25, 2016, 04:09:39 AM

If we can use direct bitcoin be sure we could use the currency. But in my opinion is very risky because bitcoin is often fluctuate so prices will quickly up and down and inappropriate when used for currency. I better use bitcoin as a short-term investment because it can make a profit is quite good in my opinion.

It's not a problem if the company deals only with bitcoin services.

They don't have to worry the price fluctuations since overall they are using bitcoin as a regular payment to deal with those services.

Bitcoin doesn't simply just go and fluctuate every second. I believe it has atleast a a minute interval?

Besides, they can use bitpay service to automatically translate bitcoin into usd or euro or whatever currency is available. That way, shop owners don't actually risk from immediate fluctuations.

Topic: Do you use bitcoin as currency or investment? - page 33. (Read 74633 times)