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Author Topic: How do you use crypto?  (Read 5238 times)
prof7bit
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September 09, 2019, 06:46:32 PM
 #161

Most people do not even know what the possible use of a cryptocurrency can be. They don't know the use beyond buying cheap and selling at higher price possible for profit motive.
And it is still possible in part that people use cryptocurrencies as a means of payment. but I think that for many this is not convenient and not safe. I think that cryptocurrencies still need 3 years to enter the financial market.

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September 09, 2019, 08:38:50 PM
 #162

Greetings there guys. In my opinion, also a very important question is how you get crypto. Talking about you - do you mostly store or buy?
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September 09, 2019, 08:39:52 PM
 #163

Greetings there guys. In my opinion, also a very important question is how you get crypto. Talking about you - do you mostly store or buy?

What do you mean by store or buy? Sorry, don't fully get the question
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September 09, 2019, 08:41:00 PM
 #164

What do you mean by store or buy? Sorry, don't fully get the question

I mean do you basically just store certain amount of crypto and then use it for investing in ICOs, IEOs etc? Or you exchange every time you need it?
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September 09, 2019, 08:42:15 PM
 #165

I mean do you basically just store certain amount of crypto and then use it for investing in ICOs, IEOs etc? Or you exchange every time you need it?

Oh, I see what you are asking. To tell the truth, much depends. Talking about me, I use both options
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September 09, 2019, 08:43:26 PM
 #166

Oh, I see what you are asking. To tell the truth, much depends. Talking about me, I use both options

And how do you usually exchange crypto? On Binance or other large exchanges?
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September 09, 2019, 08:45:36 PM
 #167

And how do you usually exchange crypto? On Binance or other large exchanges?

Also depends. But these days there are a bit faster solutions available, like online exchanges. A more convenient option for me sometimes
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September 09, 2019, 08:48:28 PM
 #168

Also depends. But these days there are a bit faster solutions available, like online exchanges. A more convenient option for me sometimes

And are there any such you can recommend me to have a look at? For sure curious to know
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September 09, 2019, 08:49:40 PM
 #169

And are there any such you can recommend me to have a look at? For sure curious to know

The platform I have used several times already is bitrexchange.com and everything was great. So have a look
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September 09, 2019, 08:50:16 PM
 #170



What are your thoughts, and how do you use crypto?
I use cryptocurrencies to create long-term savings. I constantly buy new and new bitcoins, especially when they fall in price. Also, sometimes from time to time I trade in small amounts of 100-500 dollars.

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September 09, 2019, 08:50:41 PM
 #171

The platform I have used several times already is bitrexchange.com and everything was great. So have a look

Hmm, it seems that I have heard of bitrexchange already, but for sure will have a look. And do they only work with most popular currencies?
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September 09, 2019, 08:53:23 PM
 #172

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?
The purpose of using crypto, I think, on average, is used for investment, both short-term and long-term investments, basically to get a positive return. many crypto are now used as a place to gain negative benefits, thereby affecting the value of crypto. Everything can happen in the crypto world, basically it's wise to use crypto.

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September 09, 2019, 08:57:10 PM
 #173

I find myself limited with the use, for now it only serve as store of asset and dividend. I hope better use case will come that will improve the day to day use, as online payment for good and services. It is a lot of privileges having money that is portable with faster transaction to any where in the world. They can be a valuable inheritance for one generation. If it ICO has not been this abused, we could had a lot of projects that directly improve our communities and world .

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September 09, 2019, 08:59:26 PM
 #174

Hmm, it seems that I have heard of bitrexchange already, but for sure will have a look. And do they only work with most popular currencies?

Guys are having pretty wide range of different currencies available, so you'd better have a look on your own. For example, as I know, they are having GRAM coin
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September 09, 2019, 09:35:21 PM
 #175

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?
Tell me then why there are so many cryptocurrency exchanges, why there are many startups every day?That's right-everyone wants to make a profit.And already use, in and of itself, goes by the wayside.
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September 11, 2019, 08:45:23 AM
 #176

To be honest, at the moment I use the crypt only as an opportunity for additional earnings, trading various coins on the exchanges, I'm interested and like it.You could call it a hobby.Still keep some coins, in the hope, that the price on them will rise in the future.
Just like most of the people here, they are using crypto for trading because they wanted to grow their holdings.

Me, I work online to increase my earning in crypto and I always plan to consider my earning as my investment for the future, also at the same time when I have some extra, I also use that money for gambling, not only that I do earn, I also need to spend just to have fun while spending an effort to earn online.

I can say that there are a lot of opportunity online that you don't need to risk your money to own BTC or altcoins, you just have to work for it.

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September 11, 2019, 09:32:28 AM
 #177

I became interested in crypto particularly in bitcoin because of the opportunity to earn due to the unstable value so I mainly use my crypto at first to have an additional income.

But after I realize the importance of blockchain technology, crypto and its uses I also use my holdings as currency. However for now I chose to hold because of the market condition.




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September 11, 2019, 10:46:36 AM
 #178

Mostly I use cryptocurrencies to create income, namely it’s the same trading and also participation in bounty companies to get profit without investing, I also very often use cryptocurrency technologies for my various goals, of which several goals have already been achieved due to various cryptocurrencies and their technologies, I also already managed to gain experience in buying some goods through online stores using cryptocurrencies and I hope in future everywhere I will can use my cryptocurrency.

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September 11, 2019, 12:46:21 PM
 #179

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?

I use cryptocurrencies for earning money is the fact. I can not deny it. For that purpose I join some bounties and try hard to follow it. Until this time I still join bounties. I still doubt to do invest. Other purpose crypto is shopping. We can use it by online shops. Maybe everything Will change because crypto Will affect every part of the world.

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September 12, 2019, 09:31:50 AM
 #180

<snip>

I think i use crypto for trading and holding to earn some more money. And if i'm not wrong maximum people did that. It's been couple of years crypto try to rise against dollar or euro or other currency but i don't thing that crypto achieve their goals yet. Yes couple of crypto like bitcoin use for payment in some place but not every where.

But no matter how much take time to crypto it'll use like dollar or euro. Maximum people use crypto as a trade. Many country don't permission use crypto as a currency and some how there is many lack in crypto which is need to be solved. Because people want crypto neat and clean.

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