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Topic: Where do you spend your money from Bitcoin? - page 82. (Read 12370 times)

newbie
Activity: 27
Merit: 0
November 26, 2017, 08:40:34 PM
I do not earn money from bitcoin yet but my friend does who has been earning bitcoins for 4 years and investing in it and in other altcoins he gets around 3k a month from everything and he spends it out on fun things like going out.
sr. member
Activity: 532
Merit: 255
November 26, 2017, 07:27:24 PM
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?"
For me bitcoins are scarce, useful and invaluable. So, I use it for everyday life expenses and reinvest.
Investing in Bitcoin is one of the most best for me and I made it as the first source of my income.
sr. member
Activity: 1624
Merit: 315
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November 26, 2017, 07:25:59 PM
The greatest part I have spent today from money I earned throught Bitcoin went into computer components. Just second, clothes. I believe in Bitcoin as an everyday currency, not a speculative asset you would keep preciously somewhere in the hope its value would rise.
I usually save a portion first before spending my money from btc. But i had spend them in buying some accessories for our desktop computer, i both some keyboards and chairs and other stuffs for it. And also both some clothes for me. I also both my parents and sib some stuff. Im just sharing my blessings here from bitcoin. And as of now im starting to spend it on stuff and try to sell them again. Like some small furnitures for the house or some cabinets. Im spending my money to make earnings and profit.
sr. member
Activity: 518
Merit: 250
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November 26, 2017, 07:05:24 PM
I didn't spend anything yet i just save it in order to buy expensive things. I am also planning to invest in altcoins so thats why i also save it. Everyone wants to get rich from bitcoins.

But if you spend your profit in a day you will not come far.

Right. Without proper management of many and used it to buy things that not really necessary, you could not meet your goal even how hard and how long you earn money. It is good decision to keep bitcoin and use for investment to gain more profit from it. Most of people run to collect bitcoin in order to earn to provide daily needs and keeping bitcoin is last thing to do when there is enough income that can support all what is needed.

Well, that's how it works when money is seemingly flowing. However, for most long-time and seasoned bitcoin users, they don't really "use" the money, instead they invest, trade or keep it. In that sense, they use it to make their money for them. It's a way to actually earn more by using your possessed assets as capital, which is good instead of just stockpiling it in some wallet without actual use for it.


Man you literally just said most people don't use their Bitcoin and in the next sentence you say most people either invest or trade it. You do realize that investing and trading BTC is using it, right?
legendary
Activity: 1330
Merit: 1003
November 26, 2017, 06:00:30 PM
Well, these days I use Bitcoin or spend Bitcoin I should say, mainly for Peer-to-Peer transactions. Funny enough this is what it was meant for originally, so I guess that is cool, but also it would be cool to be able to use it as a form of payment in other places, but unfortunately it has become too slow and companies are opting out from using it now, which is sad. Sad
hero member
Activity: 1274
Merit: 519
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November 26, 2017, 04:37:59 PM
I didn't spend anything yet i just save it in order to buy expensive things. I am also planning to invest in altcoins so thats why i also save it. Everyone wants to get rich from bitcoins.

But if you spend your profit in a day you will not come far.

Right. Without proper management of many and used it to buy things that not really necessary, you could not meet your goal even how hard and how long you earn money. It is good decision to keep bitcoin and use for investment to gain more profit from it. Most of people run to collect bitcoin in order to earn to provide daily needs and keeping bitcoin is last thing to do when there is enough income that can support all what is needed.

Well, that's how it works when money is seemingly flowing. However, for most long-time and seasoned bitcoin users, they don't really "use" the money, instead they invest, trade or keep it. In that sense, they use it to make their money for them. It's a way to actually earn more by using your possessed assets as capital, which is good instead of just stockpiling it in some wallet without actual use for it.
member
Activity: 1764
Merit: 10
November 26, 2017, 04:36:14 PM
When how, depends on whether I need money urgently or not, if I need something, usually with this money I buy what I need for human needs, for example food or need pay for Internet and other means. And usually I investing in ethereum, sometimes even I reinvesting in bitcoins or in my project which has been developing for a long time.
hero member
Activity: 714
Merit: 500
November 26, 2017, 04:31:54 PM
I spend my bitcoins sometimes online to buy digital goods but most of my bitcoins I am saving for future as price will keep on increasing with the passage of time and saving it will be more profitable in future and if there is any need of money then I sell some of my coins and convert it to fiat.
hero member
Activity: 2660
Merit: 651
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November 26, 2017, 04:10:53 PM
I only bitcoin when there is dip hold it for long time and when there pump in price I'll some part while I keep the rest for future purpose and I also invest into promising and legit ICO like Veritium mining.
hero member
Activity: 1022
Merit: 503
November 26, 2017, 09:12:56 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?"

Recently I don't touch my bitcoin because of the speculations that it will have its new ATH and I don't wanna miss the ride of a lifetime.
And now I didn't regret anything from my actions as we're now seeing our fruits of our labor as the price is indeed unstoppable.
But before I used to spend my bitcoin from paying bills and sometimes cashing out when I run out of money.
full member
Activity: 323
Merit: 100
November 26, 2017, 06:34:39 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 spend my bitcoin for me to spend my every need. and also I like to shop on online sites. But I always set aside bitcoin for my investment. Because bitcoin investment is very good and profitable.
full member
Activity: 644
Merit: 101
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November 26, 2017, 06:27:45 AM
rational investors invest their gains further into other altcoins for more gains. if any investor will use all of his gains to meet the expenses then there will be no more money in the future for more investment or to meet the expense..
full member
Activity: 322
Merit: 100
November 26, 2017, 06:26:35 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 spend my bitcoins through everything I wanted to because that was my profit my money. Even though bitcoins are mot used in our country as a mode of payment we have a bank that hoghly accept bitcoins in exchange into a real cash so we have the opportunity to spend our bitcoins into almost everything we can afford. Not directly bitcoins payment that if you come to think of it that was like that. That is why i am very thankful that our county we have that kind of bank that accept bitcoins in exchange to cash
full member
Activity: 1064
Merit: 112
November 26, 2017, 06:14:29 AM
Based on Op question i spent my bitcoin to buy some foods water and also for electricity.  And also i earn bitcoin through investing and trading. And Sometimes i spent it when im with my friends cause tHey all not  believe on me that bitcoin is legit.  So that i show some of My proofs which is converting my bitcoin to fiat.
full member
Activity: 434
Merit: 104
November 26, 2017, 06:06:16 AM
At this moment the price that  I earn is to small so I'm planing to save it until I earn enough to invest or maybe i can buy mining apparatus or I can do other business like internet cafe. For emergency matters maybe I will used to spend my bitcoin.
full member
Activity: 308
Merit: 100
November 26, 2017, 05:57:46 AM
i am personally spend what i gained from this cyptocurrencies world in fiat world. 50% i will left behind in exchanger for trading. 30% turn to fiat, and 20% i kept it on my wallet for saving  Smiley
full member
Activity: 294
Merit: 114
November 26, 2017, 05:57:28 AM
I have a day job which I allocate a portion of it to save. One to my personal saving bank account and the other to my BTC local wallet. I don't usually spend my stored BTC's, unless its for emergency purposes. There were times that when the bitcoin price surge up a little, I spend a small amount to buy prepaid load for my mobile phone.
member
Activity: 139
Merit: 11
November 26, 2017, 05:37:33 AM
I actually don't have buy anything using bitcoin  but I have a plan such as buying new phone, spend it on school and others.
sr. member
Activity: 700
Merit: 254
November 26, 2017, 05:35:09 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 was hoping to save it because I am in need to find a new apartment, since the apartment I am living in is a bit expensive for it's appearance. I intend to live the life that I should be living. I feel that I desserve more than this because I work my ass off every time. That's why I want to save more and invest more.
full member
Activity: 518
Merit: 100
November 26, 2017, 05:09:12 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?"
Like most of the people here, i am using my profit from Bitcoin to buy the things that i want but most of the profit is again, invested to Bitcoin to make more money and to earn more profit. I am still waiting for bitcoin to be legal in my country so that i will be able to use it directly as a mode of payment and also, i want to earn more profit while waiting.
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