Topic: How do you use crypto? - page 6. (Read 5433 times)
the use of crypto that I use only two things is used as an investment, and is used as a medium for trading, using as payment has never been tried because I think it's still not worth it because I have not found a suitable crypto used for this because the transaction costs are still expensive and I prefer internet money because the fees they offer are cheaper than cryptocurrency.
To my regret, cryptocurrencies in my country have no practical use, so only trading and HODL remain. I hope that the situation will change in the next couple of years, because the essence of cryptocurrencies is not just to be just a speculative tool
On the last bull run i ordered electronics and paid for my new laptop, tv and such via bitpay. Some i exchanged to cash to pay daily expenses and partied hard. Now i am mostly in saving mode and investing to low caps i trust in. Most of the crypto i try to keep in btc and eth and but i am still using wirex crypto card for paying unexpected expenses.
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?
The only way I have used cryptocurrency at the moment is by paying for SEO services online at Seoclerk.com through Coinbase as a recipient third party (I pay with eth, btc, ltc and bch) and secondly by buying electronic gadgets on the Multiven Open Market(MOM) where I recently purchased a Ledger Nano and Durata Dual IPhone Charger. You can check it out the dapp at Multiven.io
At the moment, I just hold cryptocurrencies in wallets and wait for new bullrun/altseason to sell and earn profit.
I don't know how to trade in this market without trading bots.
I want to use them to buy somethings and scare that their price will up to to moon
I don't know how to trade in this market without trading bots.
I want to use them to buy somethings and scare that their price will up to to moon
I mostly just HODL right now. I always lose money trading and there are not many places to spend bitcoin directly. I don't see the altcoin scene favorable right now so I don't see it changing in the incoming months.
In my country the use of crypto is still limited to just investment assets at this time, because if I want to use it to make payment transactions of course it will violate the regulations made by my country, although there are some parties who use it to make payment transactions, but it is only done by secretly, and I think some countries in the world also applies the same regulations as my country in the use of cryptocurrency now, so inevitably of course we can only make cryptocurrency as an investment asset and nothing more than that.
I'm using cryptocurrency to multiply my investment and earn more bigger coins that it has more valuable like ETH and it helps a lot for much easier transaction like bills payment.
There are a couple of ways that I make use of my cryptocurrencies. Depending on the crypto, some are for short term, while others are for long term purposes. For short term, I invest in a short while, then after some time, I trade the coins, or either sell, and convert to FIAT. For long term, I stack up coins in ,my wallet for when there is a bull season.
Like the majority I also use it more in trading because as we all know, it is not common to use it as payment.
I was very happy to start using crypto, because for me using crypto really helped me in finding money for my side, every day I worked on the bounty and by working on all that I got coins, I collected a few coins and I traded in the market, and from crypto I get money.
I collected coins too but mine are shitcoins. After the ICO/IEO was over, most of them fell 20x-200x times and if I wanted to sell it all together it would be around 15 USD. I am able to earn more easily with coins available on the market.
like everyone else, I use cryptoqurrency only for investment and occasionally I use it for trading. but I think the development of technology is currently starting to progress and many companies accept paid products using crypto assets.
Cryptocurrencies have a plethora of uses. ADN utilize it for peer-to-peer transactions (buying, trading, selling). Many of these cryptocurrencies also have other uses. For example, Ether is used for creating decentralized applications on the Ethereum blockchain, while other tokens are used for accessing services for other platforms. You can linger more in crypto platforms and find cool services.
I use crypto only to try to get some money actually. I would not spare time in it if it doesnt give me money and profit. If we research all the technology, teams and much more, it will be waste of time because it does not effect the value at all. BTC and some whales control the market and do whatever they want. We are the ones who loses.
I use crypto, ETH, to pay for coffe and pizza, and trading.
I use my cryptocurrencies in different ways like gambling, paying bills, spending it online but the most purpose of cryptocurrencies for me is trading it. There a lot of potential rewards that I can earn from trading.
I like to spend the Crypto that I earn on investments. The coins that are being used in the investment gives me more rewards for my work.
I use my cryptocurrencies in different ways like gambling, paying bills, spending it online but the most purpose of cryptocurrencies for me is trading it. There a lot of potential rewards that I can earn from trading.
I have only used cryptocurrencies to purchase things a handful of times. The other times i have traded of hold cryptocurrencies for the purpose of profit.
Cryptocurrencies is still way behind large scale mass adoption and for the present time trading is one of the best ways to make profit. I do believe that cryptocurrencies will still be the backbone of future economics & commerce
Mainly I have use crypto for long term investment which I’m aiming for a profit. I do agree cryptocurrency will be the future and a lot to offer so good thing we can use crypto for buying goods online. Since in our country crypto is slowly accepting payment online to buy things. Cryptocurrencies is still way behind large scale mass adoption and for the present time trading is one of the best ways to make profit. I do believe that cryptocurrencies will still be the backbone of future economics & commerce
We are lucky to know crypto because some doesn’t know yet this kind of system and how it works. So good for us there is such platforms to use crypto online and it’s a big help to us users for buying things easily.
I was very happy to start using crypto, because for me using crypto really helped me in finding money for my side, every day I worked on the bounty and by working on all that I got coins, I collected a few coins and I traded in the market, and from crypto I get money.
My country still not available using crypto as legal payment and I use crypto only as investment and trading way how to increase my money, one day I hope crypto will be regulation in my country.
For me, I used cryptos such as bitcoin and ethereum to buy things online from hosting to buying stuff on Amazon (using purse.io). I also invest in cryptocurrency for short-term for easy bucks, and I traded altcoins too from time to time usually when the cryptocurrency market is bullish.
Same, I also use bitcoin on hosting payment. But mostly, I use crypto / btc for mobile top-ups since its very available in our country. Now this local platform have tie up with online sellers locally, now we can pay using their platform/apps which utilize bitcoin to any products avaialble on online store.
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