Bitcoin Forum

Hi there,

         I created this poll for all those who already possess bitcoins to see what they would be willing to use it for. If you answer none of the above then I'm guessing you would rather just hang on to your bitcoins, which is not a bad idea!  ;)

i hold now a little amount of bitcoin but want to grow my bitcoin savings i use in trading to become profitab i decide to join in day trade for faster profit because i have some plan to invest later on for long term holding of bitcoin for the future.

I am so willing to part with my little Bitcoin if there would be a business program that can help it grow some more. It should be Bitcoin in and Bitcoin out so that I can still participate in both sides of the game. But then I know that it can be risky and since I am not that of a gambler, I might as well decide to hold it in my wallet not unless someone can show me that there is a way to grow my Bitcoin in a legitimate and sustainable way. Passive income is one of the best thing to get into...literally it can mean getting income out of doing nothing  (as compared to the usual job or business).

Using it as a donation is definitely not a bad idea. Depends where you're donating them though, hopefully to some decent charity or something along the lines of that. But I'm personally not that financially well-off so this isn't a choice for me as of now unfortunately. So I'm currently just going to hold on to my BTC and use them whenever possible when paying for stuff online.

Donating this amount of bitcoin is good idea but only for some people who has more than that amount.
For me as people who dont have much bitcoin so that amount is for trading and in future will go for donation if the trading running well.

it doesn't have to be only one option and in fact it is not!

all the Poll options can be true for me.
* I use bitcoin for trading,
* I use it for holding,
*  I use it to buy stuff from the internet specially if I get a discount or when it is much easier to do it and specially when I look for more privacy
* I also have used bitcoin for donations, mostly to the free services that I use such as Electrum servers

ps. I don't know what your first option (to triple my BTC) means but if you had something like HYIPs, then no that is where I draw the line. I never participate in these scammy high risk things.

Good poll.

Im using my bitcoin as way to earn some extra income. There is no more application available in my country for the use of bitcoin. I mean I can barely talk with someone about the bitcoin as currency or medium of exchange. Everyone here doesn't have pretty stubborn trust on it. Also there are no more merchants here who accepts bitcoin as mode of payment and hence that is not the option for me to spend my bitcoin.

So in easy way I just learn how to earn it over the intern and sometimes I make videos for it. Whatever I earn from them I store in bitcoin form or will cash out in the bank to send as fiat currency.

Crypto trading is also good option that I try many times but I'm not frequent users it. I will have my investment little bit secured and I don't dare to stake my money over there.

I think it's a good idea if you'll triple your btc amount but the thing is I really don't know how it could be done or if there's a way to do that then who knows and what is the process? But as far as I know trading would be good for tripling your btc but if you go with flow on whales on trading it will be a risky one too just like in gambling. If there is a holding in the choices above I will probably choose that one.

what does that mean by tripling our BTC ?
what is the difference between trading it and trpling it ? do not tell me it's like an investment site that allow you to triple it fast ?
for me i usually use it for this :
1.Buying good and something that i need daily
2.Trading it and to get profit from it
3.I never use it for donation because i never seen a legit one in my country,but i would like to do it.
and other than that i used Bitcoin as a source for my income which mean all of my daily expenses come from it.
that is why i used it a lot in my life.

actually, I do not understand about the triple you mean. Sure, making a donation is a very wise step, but first I will go to try a trade with the amount of bitcoin that you mentioned with the hope of making a profit through it and in the future can be used for donations and travel

As it is a "small" amount I would use it on alt-coin trading to make a profit. Or Hold as it is most of the time the most rewarding ahah

most people I understand from this question and from the survey want to increase their bitcoin and spend their money for trading. I guess I'm on my right path. BitCoin is a complete investment tool now. and a trade network for older people.

Lolz. Your options are really funny man. I mean come triple the bitcoin? Tats huge stake but with current trend we can see that our investment could be multiplied to some extend and thus we can make some money out of it. So yeah I’m kind of using it bitcoin as money making stuff and I always love it. If any time I get assurance that I have passive income form the bitcoin then I will surely turn myself into full time earner of bitcoin. Yes bitcoin is great way to trade in the market and that is the actually one of the way I’m using to trade my money in the crypto market. There is no great pair as compared to Bitcoin/Altcoin and hence crypto trading has to be there.


Rest options are good but I have not thought of it that way yet but I will surely once I get enough money in my hand and if there is some spare then I will surely donate it.  :-)

What's the point of this? You've listed some of the weirdest options that almost no-one would choose...
It's fine that you want to know what people use their Bitcoin for, but you're not getting any serious answers by asking it in a way like this.

Not even an option for just using it as a long term investment, hodling without tripling it.

Well I trade my bitcoins to alts to try and triple my BTC but I also try to hold BTC wherever possible so I guess I could of answered 3 out of the 5 options. No one will answer to get good travel deals, how is that even in any way related to bitcoin? It's not like bitcoin entitles you to discounts or something.

0.05 is a rather small amount to hold for years. An experienced trader could easily use that to make a minimum of 20% profit.

The triple your bitcoin option though is really vague, and would actually be very hard to achieve.

I somehow made one of my choices for travel but sometimes, their are issues on assets and you cant easily say bitcoin in an airport, it might be deemed illegal. So i am trying to make another business with bitcoin to at least have something to say on those kinds of occasions. I try trading bitcoin to different altcoins also and i sometimes it is worth it because as bitcoin increase, some altcoins are increasing too.

Donation is not bad, but really unless you have more than enough to give out, that is when donation is realistic. Right now, I would rather be willing someone donate to me ;D …

For now, it is either I keep holding and working hard to keep increasing what I have. There are so many freelance sites, and so many things I can do with my skills. When I have enough to throw around, then I can start considering some spending option.

Yeah, everyone would really want that but of course, like you said, that would be extremely risky as any program like that willing to kind of increase someone's bucks would rather be tending towards HYIP schemes that would not last or something related.

As for me, trading to increase what I have and also working some other side gigs is good enough to keep increasing what I have. Every other thing can come later like traveling deals when I am sure I have more than enough.

I am also wondering what the point of this poll is?
5 potential answers to the question is far to small,
I have already bought with .05BTC it is not a vast
amount and whst if you could choose "all of the above"?

I don't understand what you meant about tripling your Bitcoin on your poll, but if you meant investing my Bitcoin on shitty scam investment programs like cloud mining sites, No way! even if it is legit it will never be profitable. I would rather risk spending a minimum of 0.005 Bitcoin on cryptocurrency trading or just by holding it and make profit in a long run, will also consider spending Bitcoins for good travel deals because I always want to travel. I never tried donating any amount of my Bitcoins because I'm not that kind of a wealthy person but if I can afford to do it, why not.

Honestly, I chose traveling deals. I would not say I have more than enough but at least I have savings good enough and I work hard every day to increase it the more.

A brother got to enjoy some of what he has. I love traveling and if I get to see some pretty good traveling deal and I really meant it, a very fantastic deal, which is going to be an offer so tempting to throw away. However, considering the fact that OP mentioned a minimum of 0.05BTC, I will rather just hold or use it to trade.

I have voted.my vote was for "to use for crypto trading   " I like to trade and its too much profitable for me.I like to investment my bitcoin for crypto trade instead of holding bitcoin.

I am sure this is what those who are holding a little amount of bitcoin would be hoping for.

It is normal and everyone would want that but it does not come easy and trying to look for a program that would triple ones BTC without having to work for it, is either a Ponzi and a scam or it is not just realistic enough. I would rather just hold my wallet or learn how to trade pretty good to get that done.