How do you use crypto?

[HyperionXtech]

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?

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[sangjoewara]

Basically I use crypto to make profit through trading, because I don't have a lot of capital, so every day I try to look for free coins, and then bring it into the market for me to trade, that's all I do.

[Baby Dragon]

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?

Well I used crypto for long term investment, its an astonishing kind of investment because it reduces the possibility of losing money and since the price are unstable you can easily grab some opportunities to buy and invest.

[masterrex]

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?

In my own purposes ive been use cryptocurrency for trading and hodling! Im also investing in numerous ICO's already, have been scam many times and when i invest in the crypto projects usually i consider what problems or any particular sector would benefit the project that can drive the token/coin demand in the near future. for instances im also after with profit and not interested in its use case or usability because thats my only sole purpose when i invest my money that was my honest opinion nothing more nothing less!

[thiscomm]

yes for now maybe I still use crypto as a way of investment and trade and the purpose is certainly to make a profit. but these past few days I've been thinking about what if the crypto we use or the token we use as a means of payment in the real world. because I see that so far most crypto is only used in cyberspace, and continues to grow and spin there. I took the initiative to make a power plant where we use tokens on crypto for payment. of course the token will sell well and maybe it will defeat the position of ETH or BTC in the crypto market. because the tokens that we make can be useful not only in cyberspace but also useful in the real world.

[valuater]

for the development of the blockchain at this time it is still not too visible in my opinion and also many startups who struggle in this field, many of them fail. the failure factor is beyond my understanding. maybe they have no intention of building the project or because of other factors, I use crypto at this time only to focus on using it as an investment, trading, and I use it as an alternative currency because sometimes I buy several products with some altcoins.

[MikeyVeez]

Just like others, I am only here for lomg time speculation, I am hodler.
I prefer to stay in cryptocurrencies instead of taking profits or buying useless stuffs with cryptocurrencies. Because I believe that one day I will be able to buy more things than today.

[AltcoinsBattle]

Like many, I just hold a bit various crypto assets. But also sometimes I use it as payments. This is usually ethereum, as transactions in this blockchain are cheaper and faster than in bitcoin. I like it. As some of my payments can in no way be in related with me.

[cryptonx]

Like many, I just hold a bit various crypto assets. But also sometimes I use it as payments. This is usually ethereum, as transactions in this blockchain are cheaper and faster than in bitcoin. I like it. As some of my payments can in no way be in related with me.

well,, investing or trading in cryptocurrency is one from many way to make money in this world now my friend
and for long term hodl for sure i will choose bitcoin, ethereum and binance coin 

[HyperionXtech]

These are some good points from the community, thank you everyone for sharing!

There is still a long way to go before crypto is a mainstream commodity that is utilized by the masses. While some vendors in the real-world accept crypto (especially in major cities like New York) many do not see the current value in the currency. Additional use cases and the simplification of making transactions will stimulate the people to use crypto on a daily basis, increasing both popularity and demand.

Investments are a practical way to support crypto and the projects that are developing applications for them, but to prove the potential of blockchain the community must begin to show the majority that it is worth their time to understand and invest in the technology.

Many Altcoins are developed for a specific purpose and should be applied accordingly. The more a token is applied in its practical manner the more the public will see its true purpose and can follow suit.

The future looks bright for crypto and as time progresses more and more applications will be developed that proves its value in the world.  

[dcomomal]

I am using crypto currencies to multiply my portfolio by trading them. Secondly, I am using crypto for daily transactions among crypto community and I am also buying different stuff with ETH and BTC on websites that are supporting such payment option.

[letyouearn]

Trying to use crypto as a good investment instrument while this hype is still actual. Used to trade actively a couple of years ago, but then gave up and now I am more a holder than a trader.

[Kemarit]

I really do agree on your points here. However, specially in the case of Bitcoin, it has become a speculative asset and as such it is being used to trade=buy/sell to make money similar to a stocks. Also there is this thing could HODL school of thoughts. The belief that through stashing more coins and just do nothing but let it sit in your wallet you will profit in the end. As for your questions, I do used my crypto as much as I can but also I have some save in my wallet. So I guess it really boils down to individual liking or desire. And you can't really blame them, because this is open and free market.

[kindbtc]

Your post revolves around the mass adoption of crypto so you need to know that the success of crypto has already been established and that is confirmed by the value it has today and also the long standing history now lets come to the adoption part here i would just say that adoption is a complex matter and there are dozens of factors that effect it and also this is something that can not happen overnight, mostly the signals are positive and adoption is also coming slowly but surely and im very confident that crypto is going to replace traditional financial system and it is going to dominate as a digital financial global economy in next few years.

[Jolly.Roger]

Mostly use as a means earnings, but in the last time and as a means transfers money.

[Oyarebu]

My often usage of cryptocurrency is for trading and buying of computers mining accessories which have kept me on this industry. The most important part of my using cryptocurrency is for trading and for investment if the said coin or token has a good prospect. Also, I.use cryptocurrency to play games on online casinos and it has been fun doing that.

[Nolimitz84]

No one is against using cryptocurrency in everyday life.I think it needs to wait a bit.In 2.3 or 5 years besides trade there will be a real application.

[bocyaj]

Basically I use crypto to make profit through trading, because I don't have a lot of capital, so every day I try to look for free coins, and then bring it into the market for me to trade, that's all I do.

It's better to use, crypto to inverse your money.In a long and short run,you can earn from it.Even you can use crypto as an asset to hold your earning and hold it for your future.If the price is boom,you can sell and buy a brand new Car with that profit alone. Holding is essential one to gain profit from it.

[ninja811]

Cryptocurrencies can be used in different ways.
I prefer to trade coins in the cryptocurrency market.
Participation in bounty campaigns also brings me coins that I sell over time when they grow in value.

[ghermghuda]

first of all you should also note that but for trading, cryptos would've been dead by now. So that's why if your token has a bad price on the market, it means your project is dead. Anyways as time goes on we may get users of cryptos and boost adoption and usecase in a whole new paradigm.