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Topic: Do you use bitcoin as currency or investment? - page 66. (Read 74630 times)

legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
At this moment, I'm investing my bitcoins but I know later on I will sell them on the right time that I can able to make profit. It is hard to make this as currency with a small amount, you need to gather more satoshis so you can save those charges and fees.
All of this and not care about investing,currency and another it's just only little amount it's worthless, i surely if someone making a transaction with little amount or using it become a currency,investment in trading it's never will get a profit, because this amount will be exhausted when getting a tax fee.
hero member
Activity: 2464
Merit: 594
At this moment, I'm investing my bitcoins but I know later on I will sell them on the right time that I can able to make profit. It is hard to make this as currency with a small amount, you need to gather more satoshis so you can save those charges and fees.
hero member
Activity: 672
Merit: 500
I am using bitcoin as both I am using it for my investment in the future and also I am using it to buy things which are easily available to me to buy online but as a lot of things are not available with bitcoin so I will have to convert them to fiat to buy them.
sr. member
Activity: 266
Merit: 250
I use it as a currency to get what I want right now.
Maybe that will change in the future but that is what my standard is for now.

I also use it as a currency because you can buy all kind of things with the bitcoin and they are mostly also cheaper.
As example you got some games here in digital goods that are way cheaper than on steam.
sr. member
Activity: 504
Merit: 250
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I also use bitcoin for an investment, because i heard many speculation that say the price of bitcoin will increase so high because the halving and i invest around 3 bitcoins, the result is quite good for now.
if i were you i would definitely not invest any bitcoins i have to be honest because in my opinion if you will put your money into a ponzi scam you will definitely lose everything you have

i use bitcoin as an ordinary currency and i sometimes invest bitcoins into trading it with other cryptocurrencies, that gives me some profit over time even though it is a small profit
full member
Activity: 238
Merit: 100
I used bitcoin mainly as an investment, its more profitable than investing in dollars and i can do the transansaction easily
And as i used it for a longer time there are so many shop accepting bitcoin so i also used it as a payment, so in other words i used it for currency and as investment
I use bitcoins as both currency and investment. Bitcoins are more preferable as investment these days because it is
still in it's initial stage. The value of bitcoin is unstable and huge profit can be generated if we invest into bitcoins now.
My idea is today's investment into bitcoin will get us more chances (and more wealth) to use bitcoin as a currency in future.
Me too. If I am in need of money, I exchange the BTC to my currency and use it. Now I am saving BTC to get profit after the halving. I am planning invest some BTC to buy more BTC to get more profit.
hero member
Activity: 1484
Merit: 624
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I honestly using it for both ways because the bitcoin is nice as a currency but with investing you can also make a nice profit for sure.
Its all about how and what you want to do with the bitcoin some only use it for the profit, I think that is just bad.
Yeah i think all people here the same we are using bitcoin both as currency and investing because buying bitcoin is one of the investment and using bitcoin for dealing with other or buy something online that acept bitcoin as payment..
hero member
Activity: 1638
Merit: 505
I use bitcoin for both. by applying my investment can benefit. while for the currency I can simplify and accelerate a variety of financial transactions that I did. I am glad to know bitcoin.
hero member
Activity: 840
Merit: 1000
I honestly using it for both ways because the bitcoin is nice as a currency but with investing you can also make a nice profit for sure.
Its all about how and what you want to do with the bitcoin some only use it for the profit, I think that is just bad.

If bitcoin is allowing us to make good profits then I don't think that there is nothing bad in it, if you are putting your money into it then you will definitely expect something out of it.
member
Activity: 72
Merit: 10
I think it's main purpose is for use as a currency and so far, that's the best use I've come up with.  The nice thing about using BTC as currency is that quite a few places offer a discount for using it.  It has many advantages in an online world.  I don't think it's a replacement currency though and wouldn't use it for all purchases all the time.

I'd love to treat BTC as an investment but the market is still relatively new and the price is highly volatile -- the "true value" is anybody's guess.  Major price fluctuations are the main reason I don't see it as a typical buy-and-hold investment, but there's a lot of fun with short-term trades.

Investment or currency, at least BTC is being used and the use seems to be growing which should make all of us happy.
hero member
Activity: 994
Merit: 500
I use it as a currency to get what I want right now.
Maybe that will change in the future but that is what my standard is for now.
sr. member
Activity: 350
Merit: 250
I honestly using it for both ways because the bitcoin is nice as a currency but with investing you can also make a nice profit for sure.
Its all about how and what you want to do with the bitcoin some only use it for the profit, I think that is just bad.
legendary
Activity: 1246
Merit: 1000
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?

Using btc is an investment in itself in my opinion, that being said, I use it for currency as well yes.

That is right. If you just use BTC, you are increasing bitcoin adoption and its value.
The value of coins that you have set aside as an investment will rise as well.  Smiley
sr. member
Activity: 350
Merit: 250
|If you are clever you only use bitcoins for a investment because it is really important to make sure that you understand the bitcoin and not using
it because others are making money with it. You need to know what it does and when the price will rise and drop.
hero member
Activity: 998
Merit: 504
I used bitcoin mainly as an investment, its more profitable than investing in dollars and i can do the transansaction easily
And as i used it for a longer time there are so many shop accepting bitcoin so i also used it as a payment, so in other words i used it for currency and as investment
I use bitcoins as both currency and investment. Bitcoins are more preferable as investment these days because it is
still in it's initial stage. The value of bitcoin is unstable and huge profit can be generated if we invest into bitcoins now.
My idea is today's investment into bitcoin will get us more chances (and more wealth) to use bitcoin as a currency in future.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
There are various roles and depend upon the situation and businesses it varies. The best part is that you can get it quickly and transfer to anybody instant. But stability of price and its durability in future is still unknown as different countries have different policy world wide for cyptocurrency.

Using bitcoins as investment or currency depends on the circumstances. Initially bitcoins are more of a investment than currency. But once bitcoin reaches a stable value, people will start using it as a currency. IMO, in future, we need not to differentiate bitcoin from fiats as bitcoin will be more useful than fiats. So, finally bitcoin will turn as currency for every bitcoiner.
hero member
Activity: 812
Merit: 1000
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?

Using btc is an investment in itself in my opinion, that being said, I use it for currency as well yes.

We can treat bitcoin in both ways, if you need money badly then use it as a currency and not then hold it for future to earn best returns from it.
hero member
Activity: 574
Merit: 500
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?

Using btc is an investment in itself in my opinion, that being said, I use it for currency as well yes.
legendary
Activity: 3052
Merit: 1281
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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?

I use bitcoin as both currency and investment. I often invest bitcoin in order to increase profits and I also use bitcoin as a currency if I want to buy something.
You can also use your bitcoin to make other investment like putting them on an investment sites or just using them as a capital for doing trading whether it's bitcoin or altcoin. But it doesn't matter which of those two you will choose because they always gives opportunity to earn more bitcoins which can help you to increase your profits Smiley.
True you can use Bitcoin to invest to an investment site but you must be careful though.  Lots of investment sites are labeled either PONZI of HYIP which instead of having an opportunity for your BTC to increase, might be in a situation where it can be gone like vapor.  And trading BTC / altcoin isnt easy too.  You need to research and learn the movement of whales towards the coin you are holding.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
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?

I use bitcoin as both currency and investment. I often invest bitcoin in order to increase profits and I also use bitcoin as a currency if I want to buy something.
You can also use your bitcoin to make other investment like putting them on an investment sites or just using them as a capital for doing trading whether it's bitcoin or altcoin. But it doesn't matter which of those two you will choose because they always gives opportunity to earn more bitcoins which can help you to increase your profits Smiley.
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