Where do you spend your money from Bitcoin? - page 78.

NoNetwork

sr. member

Activity: 392

Merit: 292

Quote from: ASHLIUSZ on December 03, 2017, 09:42:51 AM

Quote from: Dudeperfect on December 03, 2017, 09:34:44 AM

To be honest, I want to spend Bitcoins in my day to day life but since there is not even a single merchant in my town I have to rely on the internet in order to spend my Bitcoins. I usually top-up my mobile, DTH account using the sites Bitrefill and I also buy domains from Namecheap like sites where I can deposit my funds directly in Bitcoin. I haven't tried any e-commerce site yet in terms of physical goods but I am willing to try it soon.

Day to day spending of bitcoin is not available much. Slowly more online stores will start accepting bitcoin as a payment, because now the user profile got for bitcoin is very small. I'm not interested in spending, and my major focus is to save bitcoins giving importance as a long term investment.

Well they are the closest one to adapt since, it is in the internet. Hmm I think most of you misunderstood the concept of Bitcoin, on how volatility works specifically. You see, by holding Bitcoin especially a large number of it, will result a halt or even worse a dump to the price of it. Although we can say that it is indeed decentralized, but it doesn't work the way we see it. By doing your assignments and study more on how it alters is a good start, quite a pain, but we should all be familiar with it.

So considering, you're spending almost every single day by using Bitcoin, or even converting Bitcoin to fiat helps to increase the price of it (you will believe me).

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: Dudeperfect on December 03, 2017, 09:34:44 AM

To be honest, I want to spend Bitcoins in my day to day life but since there is not even a single merchant in my town I have to rely on the internet in order to spend my Bitcoins. I usually top-up my mobile, DTH account using the sites Bitrefill and I also buy domains from Namecheap like sites where I can deposit my funds directly in Bitcoin. I haven't tried any e-commerce site yet in terms of physical goods but I am willing to try it soon.

Day to day spending of bitcoin is not available much. Slowly more online stores will start accepting bitcoin as a payment, because now the user profile got for bitcoin is very small. I'm not interested in spending, and my major focus is to save bitcoins giving importance as a long term investment.

Dudeperfect

hero member

Activity: 1190

Merit: 534

To be honest, I want to spend Bitcoins in my day to day life but since there is not even a single merchant in my town I have to rely on the internet in order to spend my Bitcoins. I usually top-up my mobile, DTH account using the sites Bitrefill and I also buy domains from Namecheap like sites where I can deposit my funds directly in Bitcoin. I haven't tried any e-commerce site yet in terms of physical goods but I am willing to try it soon.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: Jake052478 on December 03, 2017, 08:30:53 AM

First, I spend it to pay may regular bills like electricity and water then I save some for future investment. I always see to it that I spent it wisely as not to waste my time working on it. I usually don't buy things from it but rather saving it for future needs like business and the like...

That is better to spend your money in savings and keep your head up and stick to the plans that you have for the future. Spending from bitcoin is good if you know how to spend it wisely and if you know how to control yourself but if you cannot control yourself then i know that it is just best to keep your bitcoin for long term and don't convert it into USD to avoid temptation for spending it.

Jake052478

full member

Activity: 224

Merit: 100

I will do wonder for YOU!!!

First, I spend it to pay may regular bills like electricity and water then I save some for future investment. I always see to it that I spent it wisely as not to waste my time working on it. I usually don't buy things from it but rather saving it for future needs like business and the like...

Cling18

full member

Activity: 1708

Merit: 126

Quote from: jercess on November 10, 2017, 10:35:08 AM

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

I don't actually spend all my earnings here in bitcoin. I know how hard it is to earn money these days so I prefer to save for my future first. Sometimes, I buy the things that my family needs, I pay the bills and give my share for foods. I am planning to put up a small business someday so I secure my earnings.

yndye

sr. member

Activity: 616

Merit: 262

Quote from: jercess on November 10, 2017, 10:35:08 AM

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

I cash out some of my coins because I need it to pay for some expenses. Luckily, our local base platform already integrated bills payment for utilities and mobile recharge so it is easier for me to pay the bills using bitcoin. Though I think of the value of it when it goes up and I should be paying less bitcoin then, I have no choice because there are times when I am out of fiat so I need to cash out some coins. Those are my earnings from this forum so it is not really an investment from fiat to bitcoin then to fiat again. I sometimes buy grocery by cashing out some coins as well.

Hawkers7

member

Activity: 103

Merit: 10

“OPEN GAMING PLATFORM ”

Quote from: jercess on November 10, 2017, 10:35:08 AM

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

I usually spend some of my money that i earn through bitcoin to sustain my daily needs. Also to but the things that i need. I dont usually buy the things that i want, instead the excess money that i have is kept and saved for me to have money in case of emergency. In addition to that, i dont spend all the bitcoin that i earned. Im keeping it because i know that the price of bitcoin will still increase and i will wait for its price to reach its maximum.

charmaine08

member

Activity: 210

Merit: 10

30% of my money from bitcoin will be invested again in bitcoin and the rest I will spend it with my family specially to my kids .

Nfp

member

Activity: 168

Merit: 14

As of now, i don't have my first bitcoin yet. But when the time comes that i will earn my bitcoin, i will save it. And if the value of bitcoin will double in the future, i will withdraw it to build a small business for my family.

JohnWick_Bitcoin

member

Activity: 308

Merit: 10

Yes i spend my money from bitcoin on all the expenses in everyday needs foods pay bills etc..spend all for the comfort of my family and for our family business..thanks bitcoin ..i love u bitcoin Kiss

hkdfgkdf

full member

Activity: 337

Merit: 195

Graphics/Signature Designer https://bit.ly/2Q1AOrY

As much as possible, I keep myself away from spending my bitcoins. I truly believe that there's a lot of probability that it will still continue to increase its price. Spending now your saved bitcoin is not recommended and good idea considering that it always achieves its all time highest price.

football998

member

Activity: 73

Merit: 10

Quote from: jercess on November 10, 2017, 10:35:08 AM

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

Mostly, I use bitcoin for investment or trading.
Sometimes, I still use bitcoin to buy the necessary items

maarx

hero member

Activity: 882

Merit: 517

cloverdex.io

I trade and exchange bitcoin into my local currencies. As of now the money is used for three things. 90% of it would go for clearing debts, rest 5% of it could be used for fuels and the rest 5% is uses for house expense. Really feel satisfied and happy at it. Thanks to everyone.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

You have asked a great question. First of all, I will keep the Bitcoin and if I have enough in my wallet then I will choose to invest on new cryptos with great teams. In that way there will be more profits for my investments. I will withdraw half of the money I have as cash so I can use it in real life as well. In practical life I will spend those money on some of my cool projects that I believe will gain me a lot of money. Although holding Bitcoin is best for huge profits but spending it wisely also worth so good things. Bitcoin is precious and it should be invested carefully because before spending it you should know that you're spending something more worthy than gold.

WindForce

member

Activity: 221

Merit: 10

Well i reinvest most of it, mainly in alt.coins. Invested in some ICO too. A small part i used to pay the costs of my servers for Steemit seed and Steemit witness node, and for the VPS needed for a SYNX masternode

Budugbass

full member

Activity: 392

Merit: 100

I spend my money from bitcoin incomes, it's for the primary most important needs first in my life, if not too important I won't to buy it with my money.
I haven't married yet, and I'm more focused my money from bitcoin incomes.. it's for save or saving my money for a married's capital or more precisely saving for the future. Grin

mehedi24

full member

Activity: 336

Merit: 100

Personal Account

i am a not rich man .so my main income source in bitcoin.many place to spend money from bitcoin.i spend big amount money from bitcoin for my family because my family depend me, .and use my daily life.but i try to hold it for me and my future.

brenantot

newbie

Activity: 38

Merit: 0

I can spend my money because of my family specially what he needs and the other what I needs

johnalyn

member

Activity: 314

Merit: 10

I think I don't spend my bitcoin this month because of it's price. I intend to pay bills in our house like electric bill and etc. And I realized that I must hold it for now.

Topic: Where do you spend your money from Bitcoin? - page 78. (Read 12397 times)