Everyone will have the same answer, Holding and Trading both of method can make you earn money from crypto.
Holding is good if you like investing (but make sure only hold crypto that has potential will moon soon) but Trading is good also for people who aim for a quick profit...
But, there are some people use crypto as a payment option too. Unfortunately, crypto is illegal for use as a payment option in my country. That's why I only using crypto for investing...
Topic: How do you use crypto? - page 17. (Read 5433 times)
Basically I use crypto to make profit through trading, because I don't have a lot of capital, so every day I try to look for free coins, and then bring it into the market for me to trade, that's all I do.
That's is perfect mate nothing doubt altcoins are very useful for day to day trading job to get an earnings, but we know trading is risky and possible also to lost our money if they trade laxk of skills and knowledge.
From the beginning I use altcoins as investment for long term holds until I get skills and knowledge how to make profits to trading as traders and that idea is worth it. And ofcourse aside from day trading I use crypto specially bitcoin as mode of payment via online shopping or pay bills.
Today I use cryptocurrency to shop on the internet. It was very convenient, in the old days I needed to send money to my visa and could buy some of the services I needed. But now with just sending cryptocurrency, everything will be solved in minutes
I use crypto only for take profit with situation down or high, when bitcoin up I will sell and re invest after bitcoin take going down, doing the same thing every time with crypto.
Most users use blockchain technology with cryptocurrencies are making some profit. Because there are so many ways to make a profit with cryptocurrencies. Trading, investing and holding ares some of them. Another thing is we can use blockchain technology to solve real-world problems. We have already seen a large number of projects with it. I hope the blockchain technology and cryptocurrencies are more useful in the future.
Used it usually in gambling and trading. Yeah, but majority of my bitcoin was for a long term hold. I just get small part for trading and gambling. However, for bitcoin's use as a payment, i haven't tried it yet since i was kinda hesitant to spent it with high fees, etc. We can also see how bitcoin's use like blockchain technology will gonna reach it's full potential when the time comes. As for now, I am still happy to use it as my digital assets.
Actually it so hard to predict if we can still use different kinds of cryptocurrency like btc,alts,tokens then stable coins here in crypto
So better if you can handle the consequences that can happen by holding this like you need to think that this can turn bad in the future like unfortunately really gone so hold like that if you can take or accept that,Moreover this are much useful and helpful in terms of trading and gambling like many users more often use this like that then me too
So better if you can handle the consequences that can happen by holding this like you need to think that this can turn bad in the future like unfortunately really gone so hold like that if you can take or accept that,Moreover this are much useful and helpful in terms of trading and gambling like many users more often use this like that then me too
Well basically i use crypto to multiply my money.. Because this is the only one legit method where i can multi task just to gain few dollars easily. And you know i believe also that through crypto currency, nothing is impossible especially if you are interested to become profitable in it. "knowledge is a must" What i mean even you are not degree holder you are able to earn more money with it. .
I try to make a few dollars here and there by hodling or trading. Oddly enough, I would have a lot more money now if I had never heard of crypto.
I am more interested in using crypto for assets, if for payments possible in some circumstances, such as making transactions in different countries, or transactions to buy something, like I buy VPN pro using crypto, it is very helpful.
My main use of cryptos is as investment, but a real good benefit for me is when I have to pay someone in another country and I can do ins a few minutes without any registration or KYC
I use some services that I pay with cryptos and as I said, it's better to pay in cryptos than credit cards, it's even safer because the another person will only know your crypto adress, nothing more
I use some services that I pay with cryptos and as I said, it's better to pay in cryptos than credit cards, it's even safer because the another person will only know your crypto adress, nothing more
Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.
Strongly agree with this statement, because this is what I use to manage my coins and tokens. So far, having lots of new coins from ICO is indeed reasonable, especially coins which are certainly good potential for long-term investment (although not all of them guarantee). But, if the coin is a real use case, then the belief that the price of the coin will increase over time does indeed exist. And this is what I believe and use so far.
And some coins that have a large number of trading volumes are an option for daily trading, some of them are already in the top 100 Coin Market Cap. Therefore, in this case, dividing coins into daily trading and long-term holding become one of the strategies undertaken to deal with this crypto world.
Personally speaking, l use crypto for investment maybe for a long time or short time. It depends on the event of the market. l can do a lot of, as everybody there is one big problem, it is capital. Without capital, you can not do a lot of things. Maybe free tokens or you must research cheap altcoins. You can be called me Hodler, l don't think that l can be a trader.
I've used it for almost the same use, trading, investment and the sole purpose of it being a currency in itself. It's a good feeling when I'm able to purchase goods and pay it mostly with bitcoin. I prefer them to pay altcoins so that I can save more bitcoin but most of them prefer bitcoin as it's what most of the payment processors accepted cryptocurrency.
My take on this is you are right that crypto's haven't reached the full potential of it and there's more way to go for its use case.
My take on this is you are right that crypto's haven't reached the full potential of it and there's more way to go for its use case.
I use crypto for both investment and trading. While for buying some kinds of stuff, I never did it. I think most crypto users just utilize crypto coins only for trading and investment. It makes sense because of those activities that seem proper to do right now.
Ever since I gave been in the crypto space, exploring it, investing in it, participating in different bounty and the likes have almost been my routine usage of cryptocurrency. Although, I have seen coins that have been put into real life usage and what I do after seeing such projects is to invest in them and wait for them to grow to an appreciable rate before selling. Which means I may not really use the product, but I will support it by investing in it.
So far, the blockchain has provided so many benefits that many have been adopted in various fields to improve performance. Cryptocurrency is also like that, times are changing, technology is getting more advanced, so investment has also experienced changes. Smart people will definitely see this as an opportunity, even though it's risky, aren't all investments risky? If you do not dare to take the risk then we will not get anything. I use crypto as a trading commodity, I have never used it for any transaction because it's restricted.
My goal is to have this digital asset because it wants to benefit. So I use crypto to invest and trade. But this crypto can be developed to be used as a payment media, as it happens in Japan. Perhaps if around the world such as Japan that has set up Bitcoin, it may be a quick development of Bitcoin.
I would also like to use this crypto as an online shopping payment tool. But in my country is not allowed.
I would also like to use this crypto as an online shopping payment tool. But in my country is not allowed.
Crypto has been around for over a decade at this point. The secure digital currency has many perks, but it seems that it is still not being utilized to its fullest potential.
Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.
Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.
Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.
It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.
What are your thoughts, and how do you use crypto?
Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.
Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.
Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.
It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.
What are your thoughts, and how do you use crypto?
I use cryptocurrencies primarily to make money participating in trading and investing. As for me, this is the best use of cryptocurrencies. I also participate in bounty campaigns, where I manage to earn some extra money. The crypto market is good because there are many opportunities for making money and people can do what they like.
Cryptocurrencies are best used for their intended purpose.
Namely, I work to ensure that they make a profit.
Of course, trading in my opinion can very much lead to success in the cryptocurrency market.
But for this you need good knowledge and confidence in the coins you are trading.
Namely, I work to ensure that they make a profit.
Of course, trading in my opinion can very much lead to success in the cryptocurrency market.
But for this you need good knowledge and confidence in the coins you are trading.
Jump to: