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Topic: Do you use bitcoin as currency or investment? - page 34. (Read 74595 times)

sr. member
Activity: 322
Merit: 250
It is a long time passed since i have bought my first bitcoin at that time i have planned to invest it but as days and konth passed i am busy with this so much that i hse it on every possible transaction with it daily.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
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.

well, technically i think it is safe to say you are wrong. because for example if you have fiat (a currency) you can never say i am investing in fiat and meanwhile there is inflation and other stuff that changes the value of fiat.

but in case of bitcoin since the changes are a lot and mostly people use it in trading, bitcoin becomes more of an investment and also it is because people usually buy bitcoin and hold it for a while and sell for fiat and keep the fiat.

I disagree with this, if the only thing that you have is fiat dollars then you are invested into fiat, and your financial fate is tied with the fate of the dollar, that is why you must diversify yourself, bitcoin, real state, gold, etc.
sr. member
Activity: 259
Merit: 250
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.
hero member
Activity: 1834
Merit: 566
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.
hero member
Activity: 756
Merit: 520
I use it both as currency and investment but most of the time it is as currency.  Well, mainly because I am actually into bitcoin as an extra income.  Eventually I found out that it could do thingsnlike a real currency.  So I put some of my hard-earned bitcoins to investment but it turns out to be a scam.  It was not paying!

Amazingly, that your life is greatly helped by the existence of the bitcoin. It is proven by you using bitcoin for currency, I am also surprised that you also have a remarkable thought. In addition to using bitcoin for currencies you also use it for investments where it can give a good effect to your future. keep the spirit to do something special dude
sr. member
Activity: 756
Merit: 294
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.

Bitcoin is a currency and should be used like an currency for its better future, but most of the users hesitate in spending it and prefer to simply to hold by keeping their coins idle in their wallet.
holding it and treat it as an investment due to the coin fluctuation from the price.
i both use it in the same way placing some for investment and some for paying
my bills online.

Yup it should be used for the both purposes, bitcoin is best as an investment for future as it can give us best profits and it should also be used as an currency for circulation purpose.

I think if it is used for the purpose of currency is not appropriate, because bitcoin prices fluctuate all the time so it is not appropriate to make the currency and will lead to a loss if the price suddenly drops. But it is very appropriate if used for short-term investments and can benefit greatly.

The very reason why it is called a currency is because from the word current - meaning it always move. So when we are holding a bitcoin, we are holding a crypto currency in our hands. Now it is the time for us to use it whether as same like a fiat money to buy things and stuff or to invest it in trading.
hero member
Activity: 994
Merit: 544
I use it both as currency and investment but most of the time it is as currency.  Well, mainly because I am actually into bitcoin as an extra income.  Eventually I found out that it could do thingsnlike a real currency.  So I put some of my hard-earned bitcoins to investment but it turns out to be a scam.  It was not paying!
sr. member
Activity: 812
Merit: 250
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.

Bitcoin is a currency and should be used like an currency for its better future, but most of the users hesitate in spending it and prefer to simply to hold by keeping their coins idle in their wallet.
holding it and treat it as an investment due to the coin fluctuation from the price.
i both use it in the same way placing some for investment and some for paying
my bills online.

Yup it should be used for the both purposes, bitcoin is best as an investment for future as it can give us best profits and it should also be used as an currency for circulation purpose.

I think if it is used for the purpose of currency is not appropriate, because bitcoin prices fluctuate all the time so it is not appropriate to make the currency and will lead to a loss if the price suddenly drops. But it is very appropriate if used for short-term investments and can benefit greatly.
hero member
Activity: 798
Merit: 503
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?

Personally, I have used it as currency with all the scams all over the place. I am not sure i Can even leave it in wallets as they can also be prone to hacking so when I earn my bitcoin after a lot of hard-work then I convert to fiat in other to spend and buy basic things I need in my daily life... But I wouldnt mind any investment if I am sure of returns...
hero member
Activity: 938
Merit: 1000
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.
hero member
Activity: 756
Merit: 502
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 ?
sr. member
Activity: 434
Merit: 250
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.

Bitcoin is a currency and should be used like an currency for its better future, but most of the users hesitate in spending it and prefer to simply to hold by keeping their coins idle in their wallet.

Bitcoin also can be an investment though. Many people use their money and buy bitcoins for invest on bitcoin. For me, i use bitcoin for both currency and investment too.
hero member
Activity: 952
Merit: 1000
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.

Bitcoin is a currency and should be used like an currency for its better future, but most of the users hesitate in spending it and prefer to simply to hold by keeping their coins idle in their wallet.
holding it and treat it as an investment due to the coin fluctuation from the price.
i both use it in the same way placing some for investment and some for paying
my bills online.

Yup it should be used for the both purposes, bitcoin is best as an investment for future as it can give us best profits and it should also be used as an currency for circulation purpose.
hero member
Activity: 2128
Merit: 520
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.

Bitcoin is a currency and should be used like an currency for its better future, but most of the users hesitate in spending it and prefer to simply to hold by keeping their coins idle in their wallet.
holding it and treat it as an investment due to the coin fluctuation from the price.
i both use it in the same way placing some for investment and some for paying
my bills online.
hero member
Activity: 714
Merit: 500
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.

Bitcoin is a currency and should be used like an currency for its better future, but most of the users hesitate in spending it and prefer to simply to hold by keeping their coins idle in their wallet.
legendary
Activity: 3094
Merit: 1127
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?
im using bitcoin as currency for payment like i want to buy a game in steam

Same here, im using bitcoin on  buying  steam wallet codes  to load up my dota 2 account  so that i could buy into marketplace  and   the remaining bitcoin is saved  on my wallet and  dont spend it  too much because  i have  high hopes on bitcoin to rise its price in the future its also a form of investment at the same time  as a currency.
legendary
Activity: 1162
Merit: 1000
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.
hero member
Activity: 1232
Merit: 503
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?
im using bitcoin as currency for payment like i want to buy a game in steam
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform

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.
i guess company need to pay their monthly needs just like an electricity or whatever but unfortunately they can't pay it directly with bitcoin so they need to exchange it to their local currency but the problem the price fluctuation matter so much with it,and i don't think a company could be running and fully using bitcoin as their main currency nowadays
legendary
Activity: 1960
Merit: 1026

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.

I agree, if a currency is very risky because prices fluctuate. a little example when you receive a salary from the company, then the price fall?, so I think bitcoin suited to be an investment. but maybe in the future bitcoin will be used as currency, as this can help the growth of bitcoin in the future. I hope bitcoin in the future will be very stable at a high price, if it will be used as currency.
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