extrabyte
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August 02, 2016, 08:52:23 AM |
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So, how about you? Until you spend your bitcoin( you says that you prefer to spend when the price is high) then means that through this time you are pretty much investing in bitcoin and sell them for a higher price. I use bitcoin as an investment and as a currency, it's a good to have a good backup(savings) in bitcoin because one day you will probably need for these money. I use also as a currency because most of the digital things can be bought through bitcoin.
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Hoor
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August 02, 2016, 09:16:50 AM |
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i am using bitcion as for investment only, i cannot use it as currency because here no one is ready to accept bitcoin
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Strongkored
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August 02, 2016, 09:43:10 AM |
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i am using bitcion as for investment only, i cannot use it as currency because here no one is ready to accept bitcoin
I think it is great because you can join using bitcoin for investment. Just as any other right I am also still difficult to use bitcoin as a currency because of the unavailability of physical stores that accept bitcoin. But most people convert bitcoin with fiat to shop ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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farishta
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August 02, 2016, 09:50:44 AM |
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i am using it for currency and investment. most of the time i hold it for the price increase but other time when use it for for buying things.
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ImHash
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August 02, 2016, 09:58:19 AM |
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though recently I have asking the same question my self, and when come to think about it I can see there is no difference between currency and investment, because any investments can be used and will be used as some sort of currency one way or another.
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BitHodler
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August 02, 2016, 11:28:31 AM |
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though recently I have asking the same question my self, and when come to think about it I can see there is no difference between currency and investment, because any investments can be used and will be used as some sort of currency one way or another.
The difference is the way you use Bitcoin. If you are only interested in the investment tool that Bitcoin provides you, then the currency tool won't be used. If you do both investing and using Bitcoin as currency, then yes, there is not really a difference since its the same tool that you are using.
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BSV is not the real Bcash. Bcash is the real Bcash.
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ronaldo40
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August 02, 2016, 11:30:59 AM |
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For me i use my bitcoin as currency and i do not have any investments because i am the bitcoin earner not investor that is why all my weekly earnings is always exchanged it then i spend it to buy groceries.
Same here, i do treat bitcoin as a currency since im spending it on buying my groceries and daily needs. I cant make it an investment since i dont earn a lot of bitcoin , just enough to sustain my daily living and expenses. Hope someday i would save some bitcoin so that i would still have make it as an investment. Someday you will when you figure out that there are a lot of ways to earn it. You cant stop looking, it is not just this forum, there are still other ways out there. anyone who has been using bitcoin in a long time, it will definitely be an increase in terms of the revenue. and will find a way and a good strategy to get bitcoin. just need time, one day I'm sure you'll get bigger. because I really experience it all, starting from faucet 100 sat, until could get 1 BTC in 1 day.
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sahara4u
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August 02, 2016, 11:46:21 AM |
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i personally use bitcoin for both purposes, as investment and for buying something, we have some stores in our area where the shopkeepers accept bitcoin.
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cassino123
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August 02, 2016, 12:06:55 PM |
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i am using bitcoin for investment only because we have no such facilities to use it in our local markets,
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Wind_FURY
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August 02, 2016, 12:12:05 PM |
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I use it mostly as an investment. But I would not mind buying some stuff for bitcoin if I see it online. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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hero1111
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August 02, 2016, 12:22:59 PM |
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i usually use bitcoin for investmen for my future but sometime i use it for gamblig too and also i use it for transfering money to my friend too.
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Maesters1-
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August 02, 2016, 05:28:48 PM |
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i usually use bitcoin for investmen for my future but sometime i use it for gamblig too and also i use it for transfering money to my friend too.
yes in fact i am also using bitcoin for investment and in present time i am just holding bitcoin for long run, hope that it will give me a good profit, but some time when i fell the need i use it for money transferring and for online buying and selling but locally i have no experience of using bitcoin in our local market.
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Windpower
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August 03, 2016, 03:20:26 AM |
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I use Bitcoin as both; and investment and as a currency. I buy op-skins and gaming tech using half of my Bitcoin. The rest I invest and wait for the price to increase. However, I should have sold before the price dipped 20%. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) .
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Strongkored
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August 03, 2016, 03:26:07 AM |
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Well you have the control in yourself if you are going to see some stuff online and you are not buying it. But it is better if you are going to buy both because in the future that is going to be used as currency and as well as investment. So, it is better if you are going to adopt it as early as today. And in the future you don't have hardship in adopting it.
I think as long as we can still use fiat to buy goods, buy goods with bitcoin is only as a backup only. I think this time is better to use bitcoin for investment because we are still difficult to find a physical store that accepts bitcoin. For me, as long as fiat still worthwhile I will use fiat ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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dunfida
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August 03, 2016, 06:07:59 AM |
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I used bitcoin both an investment and as a currency. I use it as a currency in the sense im spending it actively on buying digital goods and sometimes i directly exchange my bitcoin to fiat so that i could buy my need. I use it as an investment in the sense im saving up some of it for long term purposes and part of it i use it on doing tradings to gain more profit.
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Text
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August 04, 2016, 01:59:56 PM |
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I usually treat bitcoin as investment because I save it, hold and keep it growing. My primary purpose here is to make profits. But I know later on I will use it as a currency through exchanging to fiat and spend to the goods I wanted.
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Hide_ip112
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August 04, 2016, 02:06:22 PM |
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I usually treat bitcoin as investment because I save it, hold and keep it growing. My primary purpose here is to make profits. But I know later on I will use it as a currency through exchanging to fiat and spend to the goods I wanted.
A very good way, because it is the most enjoyable and profitable. We just bought some bitcoin when prices fall and wait until the price goes up high, bitcoin after that we could feel their benefits by selling all or part of the btc that we buy in advance. It has no risk, just that it requires enormous patience
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agustina2
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August 04, 2016, 02:18:36 PM |
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I usually treat bitcoin as investment because I save it, hold and keep it growing. My primary purpose here is to make profits. But I know later on I will use it as a currency through exchanging to fiat and spend to the goods I wanted.
A very good way, because it is the most enjoyable and profitable. We just bought some bitcoin when prices fall and wait until the price goes up high, bitcoin after that we could feel their benefits by selling all or part of the btc that we buy in advance. It has no risk, just that it requires enormous patience Well if you are that type of person who are using waiting for ups and down for the price then you are using it for investment purposes. And that is the mostly activity for all the person using bitcoin. I rarely seen people who buying bitcoin for currency purposes.
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ezehy2014
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August 04, 2016, 05:58:15 PM |
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Due to the current situation of my country's economy, I never store bitcoin but rather I exchange all my bitcoin for my country's currency in other for me to survive
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rhino34567
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August 04, 2016, 07:21:48 PM |
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I use bitcoins to buy games online sometimes
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