How often do you use Bitcoin?

[nutildah]

I'm just curious to know how often people on the forum make BTC transactions.

Feel free to expand on your answer below, should you desire.

Please vote honestly, thanks.

[Dunamisx]

Just from the response of my vote casted, i perform transactions ones or twice a month and barely ones in a week all because i personally have my monthly plan and budget on how i use my bitcoin for my personal and economic life, unlike those that engage in trading, i think they often engage in performing transactions more than twice a day depending on the position and types of trading they get into, once i make my own transaction for the month, i maintain having my digital asset untouched so as to avoid unnecessary spendings, since am not that involve in trading like others, but my priority is to ensure a desciplined use of funds by avoiding over spendings that are unaccounted for.

[Upgrade00]

How often do I use Bitcoin directly, without having to convert it into fiat first? Mighty few times, maybe once a month or less.

Where to spend Bitcoin physically around me are not readily available and I do not perform online transactions as much; when I do, they seldom rarely accept bitcoin for payment.

I believe the answers would be heavily dependent on the region the respondents are from. There are places with a greater online purchase culture than most and they would have more options to use Bitcoin directly for purchases.

[Charles-Tim]

No store is accepting bitcoin in my area, the CBN ban makes some people to publicly avoid bitcoin, they just prefer to hold it. I have no option than to convert bitcoin to fiat for spending.

I have only used bitcoin once before to make an official online payment, it made the payment easy for me, but it was a cross border payment.

I wish to use bitcoin directly but no one to pay directly aside friends.

The only altcoins I prefer are stable coins, I hold some if I know bear market is coming while converting it back to bitcoin after a massive bear market.

[Maus0728]

While the remainder of my earnings are saved for long-term storage, I frequently use bitcoin to pay for an email aliasing service premium account, bills, and rent once a month. As a college student who is living independently, I have no choice but to use some bitcoin to pay for these expenses.

To prevent my bitcoin from being drained, I also have a other source of income that I use to buy my meals on a daily basis.

Just note that only the email alising service is the one I pay with bitcoim directly, other than that, I need to convert bitcoin to my local currency.

[Issa56]

I haven't seen any store accepting bitcoin in my country, that's really bad so I haven't spent my bitcoin before, I only trade and hold it, Also whenever am in need of money I convert it fiat using P2P. I hope one day I will be able to make purchase with bitcoin, but currently most stores are scared because of Central Bank ban on accounts linked to cryptocurrency, I think that's why they are scared they don't want their accounts to be compromised, but am sure time will come when everybody will be able to spend their bitcon freely in my country.

[Rruchi man]

If its the number of times I convert some of my bitcoins to fiat for use, I'd say often and it is mostly due to the fact that there are no retail/commercial offline vendor that are close to me currently who accept bitcoins, so fiat is the language they understand...I have heard of places like some hotels etc where bitcoins are accepted but not so close to me. If I happen to be in one of such places, I wouldn't mind at all.

If its the number of times I use bitcoins directly, I'd say currently I use it occasionally, and it is usually to fund my wallet on my crypto online casino to gamble once in a while. I suppose that should count as a transaction.

[Welsh]

I believe the answers would be heavily dependent on the region the respondents are from. There are places with a greater online purchase culture than most and they would have more options to use Bitcoin directly for purchases.

Yeah, I suspect those living in cities will have much more opportunities than those that don't to spend their Bitcoin. I literally don't know how a shop that accepts cryptocurrencies around me. If you go to Cardiff, I'm sure you'll see quite a few, but even then I don't think it's widespread. I imagine bigger cities in America are the ones which will be finding more use for Bitcoin.

I literally only use Bitcoin when its only Bitcoin being accepted, and usually at a good price. My latest transaction was joining a betting group over in the gambling section, and before that I hadn't made a Bitcoin purchase in as long as I can remember. I've become a hoarder basically.

I've said before though, as soon as mortgages, groceries, and utilities are accepting Bitcoin, then Bitcoin becomes a much more lucrative thing to use for almost everyone. Until then, it'll probably be hoarded by the vast majority.

[avikz]

To be honest, I don't have any option to use bitcoin. So it's a form of investment to me. When I had purchased my first home back in 2017, I coverted a good amount from my holding to pay the token amount to take care of the registration cost and other government taxes. Since my bitcoin savings helped me to take care of such a huge expense, I don't usually sell off my bitcoins.

I see one person has responded as daily. I would like to know his/her experience.

[tbct_mt2]

Use Bitcoin to buy something in e-commerce crypto-accepted platform, not too often
Use Bitcoin to trade on exchanges: daily
Use Bitcoin to get cash (fiat): sell Bitcoin and get fiat. Each 2 or 3 months.

Honestly I have never used Bitcoin with Lightning Network.

[Jawhead999]

I mostly use Bitcoin to pay a subscription e.g. VPN or bought a gift card to give for my friend birthday, aside from that, nothing more. So I only use Bitcoin once a month or less and not doing too much transactions, if you consider gambling as a transaction then I did it for multiple times in a week

I don't think many people are using Bitcoin regularly if their countries aren't Bitcoin friendly or accept Bitcoin as a legal tender.

[Poker Player]

Weekly. I spend what I earn in signature campaigns, and I and save the Bitcoin (or rather the satoshis) that I buy. I use it for a variety of online purchases. Not much more to add, it is part of my weekly routine.

[ingiltere]

Voted "Once a month, or less".
I only use Bitcoin when I need some cash to cover my monthly expenses or when I have to send money to my friends overseas. Other than paying my credit card and have some cash for emergency, I rarely spend my Bitcoin. Just because paying with Bitcoin for goods and services is now illegal in Türkiye we can't spend Bitcoin like that. Sad but government always take wrong steps about this. They had a great opportunity to use crypto currencies but they chose the wrong path, as they do in everything else.

[MinoRaiola]

Currently not so often, but that has to do with the prices. I had finished a small competition here in the forum, than i send a little. But i basically don't want to send BTC for these prices. A little gambling and a few purchases. If the prices were higher, I would definitely spend/buy/send a lot more. I currently hodle most of it.

[Lucius]

I can say that I buy/pay for something with Bitcoin almost every week, whether it's physical products or digital services, and that it has become completely normal for me. Although I have to admit that I always pay for some more expensive things with BTC when we are in a bull market because I get more value for less BTC, this does not prevent me from paying with the same currency all year round.

I recently discovered a very interesting online store that accepts BTC and I bought some interesting things, and the last transaction where I bought something was this week - so I'm keeping a good pace

[cryptomaniac_xxx]

I voted for Between twice a month and once a week. Because I'm using my bitcoin to pay for my bi-weekly and monthly expenses like  water/electricity bills and internet and sometimes credit card, although it is not a direct p2p but someone in the middle to convert my bitcoin to fiat and then pay what I needed to pay. And then the rest that I earn was kept.

[BlackHatCoiner]

I use bitcoin to buy web hosting services, virtual private servers, gift cards (e.g., Spotify premium, Google Play cards), and anything else that exists virtually (i.e., domain name registration). I prefer using bitcoin on services wherein I want to remain private, hereby every Internet service. I'm making transactions about twice a month.

I don't use bitcoin to acquire anything with a physical beingness besides electronics (such as a RPi). Stuff like food, clothes, alcohol etc., are paid in paper money and I'm ok with that. I prefer using physical cash above bitcoin whenever that's possible. That's because bitcoin works better as a savings account.

[mk4]

Now I only used bitcoin when paying for my servers/proxies/VPNs/domains. Just a few times a month. A few years ago though when I was a heavy gamer, I used to spend my bitcoin A LOT on skins and with the occasional eSports betting.

Unfortunately there's still not much opportunity for me to spend BTC.

[SFMHodler]

Almost never, I bought 5 years ago and now it's sitting there in my wallet.

[First Registration]

I'm just curious to know how often people on the forum make BTC transactions.

Yes I mostly use Bitcoin. In other words, I trade Bitcoin every day. Because I buy most Bitcoins from people and hold them and sell them when the Bitcoin price goes up. To be honest, I consider it my business😁Because if you hold Bitcoin and sell it later, you get a lot of profit.