Do you use bitcoin as currency or investment? - page 59.

bestluck

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Quote from: umaOuma on July 22, 2016, 11:38:31 AM

Quote from: Cresciuanto on July 22, 2016, 11:36:38 AM

Quote from: tygeade on July 22, 2016, 08:33:47 AM

Quote from: ardentvolcanoes on July 22, 2016, 08:31:00 AM

Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future.

and currency is used for buying and selling good. but what can we do if we have no such facilities in the local market. therefore we are only holding it and can wait for the price increase.

If you are not able to spend it directly then you should sell it and convert it to your local currency and then spend, as the circulation of bitcoin is very important.

No, it is not the real circulation of bitcoin, the real circulation is that where you use your bitcoin for buying services and goods and use bitcoin for all of your transactions, it is actually good for the success of bitcoin, and selling it is not its circulation, but it is its rejection and its dumping.

data1

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yes we have a small group and we like to invest bitcoin as an private investment and then we supply that to a trader and it makes our profit or losses

CoinFoxs

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I use bitcoin as a currency most of the time but sometimes i use it as a investment to gain some profit from them and making coins from trading. So ratio of my using bitcoin as a currency or investment is (currency)70 % : (Investment)30 % .

fkvidar

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Quote from: ASHLIUSZ on July 22, 2016, 12:42:52 PM

Quote from: richmcrich on July 22, 2016, 12:21:25 PM

Quote from: cleverlittleme on July 22, 2016, 08:50:41 AM

Bitcoin is an investment for me.
I hope that it will be worth something in a few years!

I do both, but mainly investments as I only spend at most roughly 40% of my total bitcoins earning. The remaining 60% will be untouched for next few years. Bitcoin already is worth something now, what you probably meant is that it is worth more in a few years.

It would be smart to invest in BTC, but BTC is also like a roll and coaster, it does have its ups and downs. So make profits at perfect times, also save some coins for future.

The best way to play with bitcoins is to keep on making profits from it on regular basis, you should sell when price goes higher and buy it again when price drops.

ASHLIUSZ

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Quote from: richmcrich on July 22, 2016, 12:21:25 PM

Quote from: cleverlittleme on July 22, 2016, 08:50:41 AM

Bitcoin is an investment for me.
I hope that it will be worth something in a few years!

I do both, but mainly investments as I only spend at most roughly 40% of my total bitcoins earning. The remaining 60% will be untouched for next few years. Bitcoin already is worth something now, what you probably meant is that it is worth more in a few years.

It would be smart to invest in BTC, but BTC is also like a roll and coaster, it does have its ups and downs. So make profits at perfect times, also save some coins for future.

bitcoinusd

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For me Bitcoin right now is a combination of an investment and a currency.

I have been started to spend my coins more on certain digital goods as it's easy and convenient and in some cases even cheaper!

richmcrich

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Quote from: cleverlittleme on July 22, 2016, 08:50:41 AM

Bitcoin is an investment for me.
I hope that it will be worth something in a few years!

I do both, but mainly investments as I only spend at most roughly 40% of my total bitcoins earning. The remaining 60% will be untouched for next few years. Bitcoin already is worth something now, what you probably meant is that it is worth more in a few years.

umaOuma

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Quote from: Cresciuanto on July 22, 2016, 11:36:38 AM

Quote from: tygeade on July 22, 2016, 08:33:47 AM

Quote from: ardentvolcanoes on July 22, 2016, 08:31:00 AM

Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future.

and currency is used for buying and selling good. but what can we do if we have no such facilities in the local market. therefore we are only holding it and can wait for the price increase.

If you are not able to spend it directly then you should sell it and convert it to your local currency and then spend, as the circulation of bitcoin is very important.

Cresciuanto

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Quote from: tygeade on July 22, 2016, 08:33:47 AM

Quote from: ardentvolcanoes on July 22, 2016, 08:31:00 AM

Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future.

and currency is used for buying and selling good. but what can we do if we have no such facilities in the local market. therefore we are only holding it and can wait for the price increase.

Yutikas_11920

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Quote from: ardentvolcanoes on July 22, 2016, 08:31:00 AM

Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

Yeh, indeed investment is the best way to get profits with very little risk (if doing it well), but if we have an urgent requirement then the investment isn't one solution to address those needs. So did investments by looking at the condition of your life, do not get you more worried about something uncertain

Corenin

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Quote from: shinratensei_ on July 22, 2016, 09:22:06 AM

Quote from: abugseuf on July 22, 2016, 08:17:32 AM

Quote from: eddyubachs on July 21, 2016, 02:26:49 PM

Quote from: ?? on ??

Mainly as an investment, given the fact that there are not many places to use Bitcoin daily.

That is a problem that we all are facing at a moment and as we don't have option to use it as a currency we need to hold it for the future to earn best returns from it.

yes that is a fact. we also facing the problem that we cannot use bitocin as currency in our local market.

It's just a common problem, A lot of people is always said about it, in the global, there are many stores can accept. but just global not in a local region. I hope I will never see about someone is recur the bold sentences.

It depends on what country you are living, as far as I know there are many places in Europe where you can spend your coins directly, but same doesn't goes with third world countries.

jakelyson

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Quote from: bestluck on July 16, 2016, 07:39:14 AM

Quote from: lienfaye on July 16, 2016, 07:04:38 AM

Quote from: bravehearth0319 on July 16, 2016, 05:57:32 AM

I used Bitcoins as currency and investment in my daily routine in life.
That's the good things about Bitcoins very flexible, we can use it as mode of payment online shopping, Billings, and transfer money and etc.

Thats right, i used bitcoin also for that purposes. it has so many uses and that is the good thing about bitcoin. you will able to use it to earn and as currency.

and the most attractive feature of it is that, it gives much faster profit to the traders, before this currency the traders used gold and other assets for their trade an for that they often invest thousands of dollars and will have to wait for many years but now bitcoin is doing the same job in hours and says.

No, before this, they are doing forex and experienced forex traders earn a lot of money too in short period of time. But they are using fiat and they have to fund their account a lot of money so they can cover some losses in margin trading. Normal people will have a hard time to keep their trades if flow goes against them. But bitcoin and altcoin trading made it easier for small time traders to experience the action.

shinratensei_

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Quote from: abugseuf on July 22, 2016, 08:17:32 AM

Quote from: eddyubachs on July 21, 2016, 02:26:49 PM

Quote from: ?? on ??

Mainly as an investment, given the fact that there are not many places to use Bitcoin daily.

That is a problem that we all are facing at a moment and as we don't have option to use it as a currency we need to hold it for the future to earn best returns from it.

yes that is a fact. we also facing the problem that we cannot use bitocin as currency in our local market.

It's just a common problem, A lot of people is always said about it, in the global, there are many stores can accept. but just global not in a local region. I hope I will never see about someone is recur the bold sentences.

cleverlittleme

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Bitcoin is an investment for me.
I hope that it will be worth something in a few years!

tygeade

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Quote from: ardentvolcanoes on July 22, 2016, 08:31:00 AM

Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future.

ardentvolcanoes

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Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

funbarrel

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Quote from: ?? on ??

Mainly as an investment, given the fact that there are not many places to use Bitcoin daily.

thats true, it is really sad that not much shops are out there so i cannot use my bitcoins

i keep it as an investment option because i hope that it will make me some good money in the near future

abugseuf

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Quote from: eddyubachs on July 21, 2016, 02:26:49 PM

Quote from: ?? on ??

Mainly as an investment, given the fact that there are not many places to use Bitcoin daily.

That is a problem that we all are facing at a moment and as we don't have option to use it as a currency we need to hold it for the future to earn best returns from it.

yes that is a fact. we also facing the problem that we cannot use bitocin as currency in our local market. because in our market there is no present a single shop where they accept bitcoin for goods. so i am only holding it for the price increase. but i think that is also not bad and in our favour. becuase the price of bitcoin is expecting to raise high.

HatakeKakashi

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Your question contradicts itself. We use Bitcoin as a currency so that we invest in it to get another currency we desire.
Bitcoin is volatile, yes! But any token that can be exchanged worldwide for real cash is considered currency.
I, as well as many people here, use Bitcoin as an investment for the future

0day

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Quote from: eddyubachs on July 21, 2016, 02:26:49 PM

Quote from: ?? on ??

Mainly as an investment, given the fact that there are not many places to use Bitcoin daily.

That is a problem that we all are facing at a moment and as we don't have option to use it as a currency we need to hold it for the future to earn best returns from it.

WE HAVE SOME GOOD OPTION AROUND INTERNET TO USE OUR BITCOIN FOR CURRENCY, YOU CAN SEE HERE ON THIS FORUM AND CAN SEACH ON GOOGLE FOR THE SERVICES AND SHOPS AVAILABLE WITH THE PAYMENT SYSTEM OF BITCOIN, TRY TO GO THERE FOR USIG YOUR MONEY AS CURRENCY, A LOT OF PEOPLE ARE ABLE TO USE IT ONLINE.

Topic: Do you use bitcoin as currency or investment? - page 59. (Read 74610 times)