How to Spend Bitcoin?

[Rengga Jati]

Do you feel bored and then spending your Bitcoin shopping? I think it is a good idea, but it must be limited. How can we only spend more and more Bitcoin if it is still self-quarantined? I personally better do more than only shopping. It may be boring but I think trading Bitcoin is much better to focus during this pandemic. Moreover, there are also some other activities to be done. Why should you spend more Bitcoin? 
I personally will prefer to do these following activities in spending my free time (outside working on my job and crypto) such as playing with my kid, cooking, playing games, and other activities including having exercises at home.

recommendations as to what other spending methods I should add.

Trading Bitcoin is the best thing that I can because it can make me earn more BTC again. if I have moe BTC, I can fulfil my daily needs and also my families. As we know, in this pandemic era, it is very difficult to seek a job outside and it is forbidden. So it is better not to spend the BTC, but to make it for trading or investing in order to gain more profits.

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[PANK21]

Hi Y’all,

I don't know how about you guys but I'm really bored being quarantined in my flat. So I did the “Best” thing possible. I started to shop online. I had some bitcoins left so I decided to spend them as well.

And it turned out that was an adventure in itself. 

So I compiled my favorite options of spending bitcoins in an article, which I managed to publish on Paybis.

In case you are interested, you can check it out here: https://paybis.com/blog/how-to-spend-bitcoin/

I’d like to turn this post the best one on the topic, so I’d appreciate some
recommendations as to what other spending methods I should add.

Thanks and see you around after this quarantine ends!

There is nothing wrong using btc to shop online as long as you are happy and get rid of your boredom but think wisely, we are in a pandemic crisis now. In my opinion, i think it's better to save or invest that bitcoin you had left. Don't let the boredom get into you. Instead, trade it or invest it so that you can gain some profits or even much more. This is just my opinion, besides it's up to you but i strongly advice to not make any hasty decision in the future. Keep safe everyone!.

[carlisle1]

I cannot find any real reason why you should spend your bitcoins in order to shop online.
In my opinion, Bitcoin has a bigger value than the one right now so it is not worthy spending them for shopping. It is better to keep them in your wallet and consider it as your investment. If you want to buy something online use a stablecoin...

I don't see anything bad in using bitcoin for shopping online.

maybe OP treating His Bitcoin as a Digital Gold that needs to be holding and not to be spent in which bad for the circulation.

After all, the concept behind the creation of bitcoin promote more of using it for daily transaction than keeping it for investment with the hope of selling it off when the price increases tremendously.

Actually the first mentioned is what Bitcoin is all about and the second about selling when the price increases are only another option.

Bitcoin is too serve a decentralized digital currency that provide people with secure and anonymous option to FIAT currency, so using it to shop online is really a cool idea

yeah not to compete with fiat but to Help us have a faster and ideal transacting than using Physical money that takes more time and risk.

[slapper]

Well, in my opinion, spending bitcoin in an online shop is not profitable and can be wasted your money. As you can see, most of the item which can be purchased by bitcoin usually has a higher price than those originals store or even Amazon. If I were you, I would exchange my crypto to Fiat to have a better rate and cheap prices. However, I will never do that. I always consider bitcoin as a term of investment and therefore, spending bitcoin is not a good idea to me. Instead, saving bitcoin is my number one target. The more bitcoin I have, the more chance I will double my capital in the future. Therefore, be wise and think straight before trying to use any of your bitcoin for nonsense stuff

[amonymous]

Advice
If you have to much bitcoin then you can spend your bitcoin in online shopping (if necessary). Otherwise if you're going to long time holders then you can makes more profitable. Personally me better target 90% holding at this time and others 10% i can spend online shopping/others place.

[Astvile]

I cannot find any real reason why you should spend your bitcoins in order to shop online.

If you own the bitcoin then you can freely spend it. It's your hard earned bitcoin or simply your own money you have total control on whatever you want to use it. Plus shopping online with bitcoin really gives us convinient and safety we need specially this time during a pandemic so I can't see anything wrong about it.

[Reatim]

I cannot find any real reason why you should spend your bitcoins in order to shop online.
In my opinion, Bitcoin has a bigger value than the one right now so it is not worthy spending them for shopping. It is better to keep them in your wallet and consider it as your investment. If you want to buy something online use a stablecoin...

At this time of covid19 pandemic most of the people can't go out because of lockdown and the other way to buy online is using cryptocurrency like bitcoin. Although it's good to hold bitcoin but if you don't have other choice then you have nothing to do but to spend it,buy goods that you need in your daily life. But in other side we have different reasons why we spend or hold bitcoins.

Nope depend on which place we are,because how can you use cryptocurrency or Bitcoin if there are no chance to use it?i mean there are no establishments that you can pay using bitcoin?and also how can you expect people to Buy items online when you are denying the fact that Bitcoin is a currency and not for store value?

anyway if you want to look for best option to Buy and sell Bitcoin then better check BesChange here https://www.bestchange.com/ I am sure that you will Find how many choices that you can have Bitcoin and other crypto in your hands.

[fullhdpixel]

The things you have listed there are good, except the one of gambling, because I don’t gamble often. But, I have never used Bitcoin to spend on anything, apart from using it for a transaction in some cases where it’s needed (mostly times when I’m selling using on counter trade). I don’t really see the need why I should be spending my Bitcoin unnecessarily on some stuffs.

I see Bitcoin as an investment and when I invest in it I hold till the time I’m ready to sell them. When I buy things online my debit card works for me. I know some will say it’s not safe to use cards online, well I already got that sorted out for me.

[hahay]

There are lots of lists that you have entered and for me personally spend it more often in gambling, even I've done it a long time ago or since I first knew bitcoin, this bitcoin gambling is something that makes me even more involved to enter the cryptocurrency market so I consider it something ordinary and not surprised when I read in your article if gambling is included in the topic section on how to spend bitcoin.

[adzino]

There are lots of lists that you have entered and for me personally spend it more often in gambling, even I've done it a long time ago or since I first knew bitcoin, this bitcoin gambling is something that makes me even more involved to enter the cryptocurrency market so I consider it something ordinary and not surprised when I read in your article if gambling is included in the topic section on how to spend bitcoin.

And what do you do with your winnings? You should probably try using it as a regular currency. Trust me you will love it! Instead of paying with fiat when you buy something next time from Amazon (if you are looking for a legit site to buy gift cards, try bitrefill or coinsbee. Coinsbee has cheaper rates compared to Bitrefill, but bitrefill has better interface!), try buying a gift card using your crypto currencies. You will really be amazed how fast, smooth and easy it will be to use crypto currencies!

[Oasisman]

This is the perfect time I guess to use bitcoin to shop online since we can't freely go outside and shop because of the covid-19..

Seems a good idea for global adoption, and hoping for a lot of merchants to accept more Bitcoin payments through online shopping. But, sad to say not so many people in crypto space would prefer to pay using CC and debits than Bitcoin, because they have been considering Bitcoin as a store value than a currency to use for transactions. One of the reason that hinders the massive global adoption of Bitcoin, since majority of us are just holding, without spending a fraction of it.
IMO, we can always get to spend a little fractions of our Bitcoin to pay for something.

[MCobian]

In my opinion spending bitcoin in an online shop is not a bad thing, but pay attention to the items you will buy. I suggest buying
basic necessities in quarantine situations like now, but it is not easy to find an online shop that accepts payments with bitcoin.
I myself spend bitcoin by converting the bitcoin that I have into fiat on local exchanges, then I cash out to buy my daily needs.
But sometimes I also spend bitcoin on gambling online sites, just looking for fun. Because i feel bored already 3 months of silence
at home, because my country did a lockdown.

[Latviand]

Hi Y’all,

I don't know how about you guys but I'm really bored being quarantined in my flat. So I did the “Best” thing possible. I started to shop online. I had some bitcoins left so I decided to spend them as well.

And it turned out that was an adventure in itself. 

So I compiled my favorite options of spending bitcoins in an article, which I managed to publish on Paybis.

In case you are interested, you can check it out here: https://paybis.com/blog/how-to-spend-bitcoin/

I’d like to turn this post the best one on the topic, so I’d appreciate some
recommendations as to what other spending methods I should add.

Thanks and see you around after this quarantine ends!

This pandemic make the situation more worst and all the holding Fiat was reduced and people are forced to convert the bitcoin, the digital saving. So it's easy to spend holding bitcoin and only it's difficult to hold the bitcoin without selling. Everyone had their own style of selling bitcoin. Some will hold till the last breath and some sell and Enjoy his life.

If you still have spare amount of money to use for your necessities during lockdown, never spend your bitcoin. No matter what happens, as you can still have budget for this quarantine even though people aren't allowed to go to work, never use your bitcoin.

There are a lot of things that you need to consider before you use your bitcoins, because there's a possibility that you can lose a certain opportunity whenever the price of bitcoin goes up. Only spend it if it is really necessary that you experience struggle.

[Assface16678]

There are a lot of ways that you can spend all of your bitcoin and some of these will help you. On bitcoin first, we have the investment if you want to make a lot of earning and wait for the right time to buy and sell all of bitcoin it depends on you one of the goals is to have a profit or earning. Next, we have gambling because it's easier to earn profit here but still, you need to have full skills and knowledge about gambling because it requires skills and luck to those the basic method to spending all of your money.

If you want to get a lot of stuff not just earning bitcoin you can use the bitcoin as a payment today there are a lot of stores and people support the use of p2p payment with the use of the bitcoin also if you want to spend that bitcoin to the store they are now accepting this which is good because we are now going to have a huge adaptation of using this coin which is more efficient and secured than the use of paper money which is one of the dirtiest things we have that came from different people.

[Nhor1011]

Hi Y’all,

I don't know how about you guys but I'm really bored being quarantined in my flat. So I did the “Best” thing possible. I started to shop online. I had some bitcoins left so I decided to spend them as well.

And it turned out that was an adventure in itself. 

So I compiled my favorite options of spending bitcoins in an article, which I managed to publish on Paybis.

In case you are interested, you can check it out here: https://paybis.com/blog/how-to-spend-bitcoin/

I’d like to turn this post the best one on the topic, so I’d appreciate some
recommendations as to what other spending methods I should add.

Thanks and see you around after this quarantine ends!

Spending all your bitcoins at this time with covid19 pandemic is a not a wise decision for my opinion. Mostly are jobless this time because of quarantine and there is no source of income. But those like us in the field of cryptocurrency are capable to earn through trading and investing. So,i think just spend an amount that you need to buy some essential need in your family and invest the rest.

[coolcoinz]

As a holder I prefer not to spend, but if I really have to I use Amazon or convert it to fiat money in places with no KYC.
If you're a privacy freak like me, make sure you don't expose all your whole wallet with a single payment. Make sure you have some coins set aside for expenses and a separate holder's stash.
When I saw the title I thought we'll be talking about ways to spend Bitcoin, which means convert it to goods and services, but the first one is

1. Send it to friends or family

This isn't really a way of spending that people should be taught about. Sending it to someone for free is the most basic thing you can do and if you were smart enough to buy it, you should also know hos to get rid of it.

[rexxarofmoknathal]

There are so many ways of spending BTC so many that if you yet don't know how after being in the cryptocurrency space for a while then that's not a good sign. BTC nowadays can be spent in stores in some place though most of the transaction happen in online stores. For instance you could convert BTC into different types of gift cards and that's a good way to spend it, ot by paying for services straight up. 

The point is that BTC is spendable.

[m.nauman169]

Bitcoins can be used as an alternative form of payment so buying products online can be a option. For time being the price of bitcoin is not much higher that's why people who owns BTC are not willing to spend but want to keep them for longer period so they can earn colossal amount. Moreover if we will not adopt BTC as a mean of payments it will eventually disappear.

[Zionatin]

Wow. That is a very good article and lots of effort. The website is nice and I like that it is spaced out so well and everything looks nice to look at. No strain on the eyes or anything like that. Feels high quality.
You might want to add that you can top up your Payeer and WebMoney account. Both of which are used on many websites. Mostly for European users, I believe. More and more places accept it every day it's great.

[Naughty Princess]

Well, in my opinion, spending bitcoin in an online shop is not profitable and can be wasted your money. As you can see, most of the item which can be purchased by bitcoin usually has a higher price than those originals store or even Amazon. If I were you, I would exchange my crypto to Fiat to have a better rate and cheap prices. However, I will never do that. I always consider bitcoin as a term of investment and therefore, spending bitcoin is not a good idea to me. Instead, saving bitcoin is my number one target. The more bitcoin I have, the more chance I will double my capital in the future. Therefore, be wise and think straight before trying to use any of your bitcoin for nonsense stuff

I agree with that. Spending bitcoin in unnecessary things is not good idea especially that now where bitcoin has low value in the market which can gain higher in the future. For me it is better to invest or trade it for the mean time and for the time like this pandemic we should spend wisely. Spend on everything you need but make sure that it is on fiat because it is more expensive to use bitcoin to purchase on some stores.