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Author Topic: How do you use crypto?  (Read 5238 times)
Broiler78
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October 18, 2019, 11:58:26 AM
 #341

I use crypto for trading and also for long-term investment. especially bitcoin and ethereum investments.

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October 18, 2019, 12:53:41 PM
 #342

What are your thoughts, and how do you use crypto?

the basic idea, namely to use bitcoin and other currencies as a payment method, is currently at least followed by them. honestly, almost nobody.
but as long as everyone is of the opinion that the BTC will explode and be worth millions, nobody spends his satoshi.
and as long as that doesn't happen, there won't be any real value. so it's a vicious circle that will still be exciting to watch. Cheesy
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October 18, 2019, 01:08:34 PM
 #343

Since there is a limitation of using cryptocurrency in our real-life then we may utilize only a few ways like an investment, Trading and holding for making more cryptocurrency, I like trading but in recent time the trading had got huge risky because of the volatility of the price, for me actually no use of cryptocurrency in my life except holding or investing in some new project. if there is an opportunity to use as a payment method all over the world then it would be very comfortable to us to use this cryptocurrency, I hope in the coming future it will happen and cryptocurrency will be a good payment method, but at present, except holding, it's nothing to me.

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October 18, 2019, 01:09:46 PM
 #344

What are your thoughts, and how do you use crypto?

the basic idea, namely to use bitcoin and other currencies as a payment method, is currently at least followed by them. honestly, almost nobody.
but as long as everyone is of the opinion that the BTC will explode and be worth millions, nobody spends his satoshi.
and as long as that doesn't happen, there won't be any real value. so it's a vicious circle that will still be exciting to watch. Cheesy

yes you're right there are rarely who use bitcoin and other crypto coins for payment tools. although many say crypto is the best payment tool, but still maybe only less than 1% of crypto users use crypto to pay for something.

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October 18, 2019, 01:35:30 PM
 #345

Yes others are more interested in gain and not in real use. But we can't blame them because crypto currency is also a type of currency. And in fact I'm also one of the users of crypto currency to make a profit.

Maybe it is not up to date for crypto currency to be fully utilized as much is still dependent on fiat money.
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October 18, 2019, 01:51:03 PM
 #346

Personally, I use cryptocurrency in different situations. For example, one of the ways you can very profitably invest in the future. In another way, you can sell well on the exchange at a very competitive price. So both options are very good. And cryptocurrency brings good results to use. I think that in the future in our modern world it will be possible to pay in stores only with cryptocurrency.
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October 18, 2019, 02:21:54 PM
 #347

I use it to live on but am running out soon so not sure if I can still sustain myself through Crypto alone or if I will need to emigrate and go abroad to find a normal day job outside of the internet. I got two more months to decide if working crypto full time is still viable for me or if I need to choose another path and just do this in my spare time. I do hope that I get another chance to grow some crypto bags and do well like I had done in previous years but this time be wiser and try to take much more profit out so I can do something substantial. I at least in the last three years had a chance to pay my rent, food, and bills in crypto and last year helped a few family members too, but a few unwise investment choices and the bear market have made me very thin now on crypto resources so am battling it out now to stay afloat. So for now at least I can still say I pay my bills and food in crypto.


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October 18, 2019, 02:43:19 PM
 #348

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?

As for me, I purchase crypto for trading and partly for investment.  For ins9, if I am able to get into a project at its earliest stage of ico,  then I use such for investment.  Otherwise, I majorly use my crypto for trading.
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October 18, 2019, 02:44:11 PM
 #349

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'm not gonna lie, personally, I've been using crypto to gain profit. I perceive crypto as a job and I guess some of us here though the same. I used crypto to earn profit through trading and investment. Crypto is versatile, it could be used as an asset or can use as a currency it depends on the people how will they use it on their own preferences. Personally, I use this as a source of income and to provide my necessities.

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October 18, 2019, 02:53:20 PM
 #350

my opinion about crypto is very useful in the future because besides being easy to carry it is also very easy to get even though it is very prone to phishing or hacking of a crypto wallet, maybe in the future crypto will be used as a medium of exchange for conducting transactions but that has not been confirmed further , I use crypto as my online store transaction tool because the payment is fast and easy.
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October 20, 2019, 02:19:09 AM
 #351

I think most crypto users use crypto to make a profit. they are busy analyzing and constantly looking for good opportunities to buy and then invest for the long term. or they are busy looking for coins to make daily trades that can provide benefits. so they don't pay much attention to blockchain technology. myself i use crypto for long term investment and trading. but I also want to keep learning about blockchain technology.
I used crypto to gain profit. Earning from it and then invest is other way of using it when I have more than I need. Keep learning to see the improvement of each blockchain and how I am going to earn from it more. Make it work for you makes you work smarter than hardwork.
Yes. That is what I am doing too especially if I do have time, since I do have work, I can't focus much on it. Then, If I do have profit from Trading, I am paying my bills online such as credit card bills, and telecommunication bills, do I don't need to go to the payment center, it saves me time and hustle free.

In most of the countries crypto is used only for investment and trading only because of the government but apart from this usage crypto is used for many purposes in developed countries, as I see most of the people use crypto for online shopping and I think it is the most useful purpose of crypto. I personally use crypto most of time only for paying bills like electricity bill etc.

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October 20, 2019, 05:07:12 AM
 #352

Since there is a limitation of using cryptocurrency in our real-life then we may utilize only a few ways like an investment, Trading and holding for making more cryptocurrency, I like trading but in recent time the trading had got huge risky because of the volatility of the price, for me actually no use of cryptocurrency in my life except holding or investing in some new project. if there is an opportunity to use as a payment method all over the world then it would be very comfortable to us to use this cryptocurrency, I hope in the coming future it will happen and cryptocurrency will be a good payment method, but at present, except holding, it's nothing to me.
This is nice to use crypto for long term investing because when you invest your coin for long term it gives you chances to increase in price and also it helps you to get knowledge about it. I use to buy coins at low price then hold for long term. I also use my crypto investment to buy things I want to have in my life and now in crypto we can buy everything as its reliable to use.

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October 25, 2019, 08:28:12 PM
 #353

Of course blockchain usage will be relevant in future rather it will expand more possibilities. Day by day, Blockchain adoption will be used in all the big companies. To me, I am not a developer nor an emoloye. So, I use bitcoin and other cryptocurrencies as an investment, I do trade and sometimes I buy things through crypto!

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October 25, 2019, 08:53:30 PM
 #354

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?

Cryptocurrency is good way to use especially in paying in transactions that you believe does not need for you to tell the store your identity. It is very popular in gambling that do not have KYC. Aside from gambling, I like using crypto to sometimes trade whenever I feel that the market feels good to buy and sell coins.
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October 26, 2019, 05:49:28 PM
 #355

so far I use cryptocurency only in trading because with trading activities, we can generate long-term and short-term profits. and many cryptocurency users are only looking for profit from it. and cryptocurency has a great opportunity for its users to be able to get daily profit through trading by choosing the best altcoin to trade in various markets..

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October 26, 2019, 06:01:47 PM
 #356

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?
There are a lot of ways on how you can use and benefit in crypto at the same time. You can use crypto as an investment, it is actually very popular nowadays considering the fact that its value is very volatile which means it can go high a lot or low sometimes. You can also use crypto for convenience since it is regulated and managed through the use of technology so I suggest you make the most of it specially with your transactions worldwide.
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October 27, 2019, 02:40:50 PM
 #357

so far I use cryptocurency only in trading because with trading activities, we can generate long-term and short-term profits. and many cryptocurency users are only looking for profit from it. and cryptocurency has a great opportunity for its users to be able to get daily profit through trading by choosing the best altcoin to trade in various markets..
Certainly what you say about trading on crypto can clearly be profitable and can also be detrimental. depends on how we analyze it so we want to do the execution.
altcoin is currently a lot in red marks and needs to analyze and retrieve the best and store it for a certain period of time. but it's clear that bitcoin and ethereum are still reliable in crypto.

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October 27, 2019, 02:41:21 PM
 #358

so far I use cryptocurency only in trading because with trading activities, we can generate long-term and short-term profits. and many cryptocurency users are only looking for profit from it. and cryptocurency has a great opportunity for its users to be able to get daily profit through trading by choosing the best altcoin to trade in various markets..
It's good to make profit from trading, but I think we should be looking at real life use cases aside making profit from trading. For instance, I used ETH to top up my mobile phone number (purchase call card) via COSS app and it was swift. There are many altcoins with diverse use cases but funny enough the "use cases" per say on whitepaper most times will never be actualized in real life. I think DENT team also is doing a great job on daily crypto use, even though the price keeps going down.

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October 28, 2019, 11:12:44 AM
 #359

so far I use cryptocurency only in trading because with trading activities, we can generate long-term and short-term profits. and many cryptocurency users are only looking for profit from it. and cryptocurency has a great opportunity for its users to be able to get daily profit through trading by choosing the best altcoin to trade in various markets..
the best way to use crypto is to trade on the exchange and invest in a coin that you think is profitable. because using crypto to buy supplies in some countries is still not possible, so I think the best reference for using crypto is by trading or investing, but beyond that there are definitely many other uses.
I also like to trade my crypto because it is the only good way to get profit from your investment. When you invest your money just buy some coin at a low price then hold them after that you can go for trading or investing it long term also it will increase in price gradually and you will get profit for selling higher this is my way to use crypto and some times I use it for online shopping.



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October 28, 2019, 02:15:12 PM
 #360

there are so many crypto now of all kinds and uses, now the only problem is the advantage of crypto over its use, but in my opinion it's a natural thing, there are always benefits in every use and it's really useful now crypto and multifunctional

Disadvantages and advantages of cryptocurrencies will take a toll on us if we are going to misuse it, it is a natural thing but we have to limit everything, the freedom we are having via fiat and cryptocurrency could be the gone in a wrong way if we are going to use it on something that is not really recommended, even if it will gives us a lot of money, think of the possibilities that could go wrong and could affect you in a perspective you don't want to happen.

We have to use cryptocurrency ethically for us to live peacefully while earning profits on it, that is much better rather than being hunted by the government.

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