Topic: Do you use bitcoin as currency or investment? - page 38. (Read 74610 times)
I really want to use it as a currency but I am not able to at physical places, I am using it only for online purposes sometimes, so it has become an investment for me.
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
So, how about you?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising
So, how about you?
Both of them, like 65.6% of others here. But every time I spend my coins I know that a year from now I would be able to buy more with the same amount. The thing is you need to buy things to live and if you don't have enough fiat you use Bitcoins. What else can you do?
I used both of them but i more it in investment. Bitcoin is the best way to earn money i used bitcoin because in the forum you need btc wallet to get your salary. And i used to invest coz this is the fastest way to transact in investment site using btc.
I used to invest by bitcoin. I love to invest in some kind of HYIP programs. But they all turned in to scam so i did not invest anymore. NOw i use bitcoin as a currency to buy and sell things.
If you want to invest I prefer to invest on such gambling or casino site's but yeah it's not like HYIP can give profitable double in 24 hours but better it's safe but still risky tho.That's good you've started trading now with Bitcoin, mine too but still I'm using both of them and mostly as currency as because investment for a long term.
How I wish I could start trading. I am seeing myself trading soon. I still need to study the workaround and the fundamentals of trading though. I still don't have ample time at the moment but I am seeing that I can do that within the end of the year. It will be my retirement hobby soon
Trading will just be there waiting for you. Better to have more knowledge than just running through it with a gun but with no bullet. It can be a hobby anytime for it doesnt take much time.
Yes and its good to get into trading only after doing proper homework, as trading is not going anywhere, but you should enter it only when you feel that you can handle it efficiently.
I used to invest by bitcoin. I love to invest in some kind of HYIP programs. But they all turned in to scam so i did not invest anymore. NOw i use bitcoin as a currency to buy and sell things.
If you want to invest I prefer to invest on such gambling or casino site's but yeah it's not like HYIP can give profitable double in 24 hours but better it's safe but still risky tho.That's good you've started trading now with Bitcoin, mine too but still I'm using both of them and mostly as currency as because investment for a long term.
How I wish I could start trading. I am seeing myself trading soon. I still need to study the workaround and the fundamentals of trading though. I still don't have ample time at the moment but I am seeing that I can do that within the end of the year. It will be my retirement hobby soon
Trading will just be there waiting for you. Better to have more knowledge than just running through it with a gun but with no bullet. It can be a hobby anytime for it doesnt take much time.
I used to invest by bitcoin. I love to invest in some kind of HYIP programs. But they all turned in to scam so i did not invest anymore. NOw i use bitcoin as a currency to buy and sell things.
If you want to invest I prefer to invest on such gambling or casino site's but yeah it's not like HYIP can give profitable double in 24 hours but better it's safe but still risky tho.That's good you've started trading now with Bitcoin, mine too but still I'm using both of them and mostly as currency as because investment for a long term.
How I wish I could start trading. I am seeing myself trading soon. I still need to study the workaround and the fundamentals of trading though. I still don't have ample time at the moment but I am seeing that I can do that within the end of the year. It will be my retirement hobby soon
I used to invest by bitcoin. I love to invest in some kind of HYIP programs. But they all turned in to scam so i did not invest anymore. NOw i use bitcoin as a currency to buy and sell things.
If you want to invest I prefer to invest on such gambling or casino site's but yeah it's not like HYIP can give profitable double in 24 hours but better it's safe but still risky tho.That's good you've started trading now with Bitcoin, mine too but still I'm using both of them and mostly as currency as because investment for a long term.
I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.
It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things.
Yeah. But if really needed you might want to withdrew it. Notjing wrong with it. Bitcoin is not really made just to be stucked in your wallet.
Holding coins are not actually helping the bitcoin network since there is a lowering possible supply of coins because many are becoming inactive coins.
Really, that was an interesting fact. So it is like the ordinary coins wherein the banks always told us to spend our coins always. Here in our country now prohibited people to save money using our coins as this will help to utilize our coins. So it goes the same with bitcoins, you really have a good point there. I always spend my bitcoin because I uses bitcoin to earn some extra income.
In the long run, the value of bitcoin will be further promoted, and will be more and more people to accept, so I will invest bitcoin, and focus on its development as the basis of currency
I used to invest by bitcoin. I love to invest in some kind of HYIP programs. But they all turned in to scam so i did not invest anymore. NOw i use bitcoin as a currency to buy and sell things.
That's true majority of them are ponzi but there may be some genuine sites too but its really difficult to identify them as once you start have a negative feeling its becomes difficult to trust anyone.
Yeah, maybe there are still some sites that are legit. But we never know what will happen next. Because at first they did pay us, with our money (not yet reached roi) and every few days / weeks later they were closed. Even for months was closed for reasons that make no sense. For me, knowing the risks that are not comparable, it is better not to come to invest in it.
I use them mostly on investment as I believe that when I keep saving and invest my money in bitcoin it will grow in the future and it will provide me a bigger interest income compared to putting my money in the bank. Sometimes it can be a currency for me just to spend some minor expenses like topping up a load in my mobile phone.
This is what i am doing and most of the users who believed in bitcoin. but for those who do not invest because they are scared i think most of the time they will exchange it into fiat for the security of their income.
I use them mostly on investment as I believe that when I keep saving and invest my money in bitcoin it will grow in the future and it will provide me a bigger interest income compared to putting my money in the bank. Sometimes it can be a currency for me just to spend some minor expenses like topping up a load in my mobile phone.
That's true majority of them are ponzi but there may be some genuine sites too but its really difficult to identify them as once you start have a negative feeling its becomes difficult to trust anyone.
Yeah, maybe there are still some sites that are legit. But we never know what will happen next. Because at first they did pay us, with our money (not yet reached roi) and every few days / weeks later they were closed. Even for months was closed for reasons that make no sense. For me, knowing the risks that are not comparable, it is better not to come to invest in it.
I am not using bitcoin as investment cause i don't have enough bitcoins for it, so it's just a currency for online shopping, cause it's not accpeted in my country.
I'm using bitcoin for investment, because it is easy to invest money through bitcoin.
Then i am getting profit and making them cash.
I also use bitcoin as an investment. yeah true what you say that it is very easy to get a profit of bitcoin. but sometimes I also use bitcoin to buy something Then i am getting profit and making them cash.
I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.
It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things.
Yeah. But if really needed you might want to withdrew it. Notjing wrong with it. Bitcoin is not really made just to be stucked in your wallet.
Holding coins are not actually helping the bitcoin network since there is a lowering possible supply of coins because many are becoming inactive coins.
But I think selling our bitcoins is more harmful then holding them with us, as with that the supply is increased and with a limited demand the price of bitcoin decreases and people lose their money in their and start to cry.
By the best of all is to use it as a currency for our daily needs.
I'm using bitcoin for investment, because it is easy to invest money through bitcoin.
Then i am getting profit and making them cash.
Then i am getting profit and making them cash.
I used bitcoin as investment in itself, as invest to other coins and I also used it as currency to buy things.
But I generally think its investment in itself, it is future of internet world.
But I generally think its investment in itself, it is future of internet world.
for now I'm using it as an currency to buy some extras on the internet because I dont know where to invest it and I dont have any trading skills at this moment . hoping this year that I can use bitcoin as an investment so that I can have extra money to use in real life.
Lol I think if you do not know where to invest bitcoin and how much you want to invest I think you just need to hold the course in your bitcoin wallet and wait for prices to rise. you have to have is patience I'm sure you will benefit from this investment? why do not you try it? Yes, for a newbie who are new to bitcoin I think holding a great way to do. Because if they have long known bitcoin, then later they will also know about trading. Due trading requires knowledge and experience about the market analysis. hehe
But it is also going to be a good thing if a newbie is going to know how to use his bitcoin for real life as a currency for sure he is going to be encourage if he ever manage to use it as a currency. And of course at the same time it is also better if he is going to hold some of the portion of his bitcoin so that he can have his own investment.
There is no complexity in using it as a currency, they can use it wherever they want, but as a newbie they might not be aware that which is the right place to invest their coins.
Most people that get into bitcoin, do so because they think it will increase in value in the future. Most people treat Bitcoin as an investment and not as an actual currency, and that is ok. People should be free to do so.
Until the usage is more mainstream and people get paid in Bitcoin, it doesn't make much sense to pay with Bitcoin for most of the stuff out there when fiat is enough. Sometimes it is very useful for certain services, but most of the everyday stuff can be paid in fiat.
Yeah if you have enough fiat in order to pay your bills it is better to use that than to use bitcoin, since I personally have no doubt that bitcoin is going to increase in value.
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