How Do You Use Bitcoin?

[CoinFree 54]

 

There are more and more uses of cryptocurrencies and bitcoin that in reality this topic is very extensive.

 

In my case, I usually use it as an investment and savings method to sell when it goes up and make a profit and buy again at a lower point

[Chief executive officer band 681]

Effectively i old my bitcoin for my day by day expenses, i exchange it to fiat currency since I don't comprehend come again? provisions in my country are tolerant bitcoin as form of payment. hence afar i am incisive for provisions everyplace i canister use my bitcoin. 

[Muayad 125]

Use it for trading and investing, as well as for shopping in stores.

[No_Regrets 29]

Hey,how to use Bitcoin:

Make online purchases using btc,a growing number of online retailers are accepting bitcoin as a valid form of payment...,Buy gift cards using bitcoin ,get a debit card that uses bitcoin, travel using bitcoin,pay your phone,internet and cable bills using bitcoin 

[yhealth 117]

I use BTC for investments with trusted programs like listed below. Sometimes to convert in other coins.

[Yogidon712 132]

I mainly use bitcoin to make more bitcoins by trading. I think so selling your bitcoins would be a foolish move because it has a great potential and could go way higher then its current price, so holding it is the best move. Also , there aren't many places near me that accept payments in bitcoin. Yes, sometimes in case of emergency or just for a bit of fun i sell some bitcoin just because i can but hasn't sold a significant portion of bitcoin holding till now.

[ShiNorton 906]

I use Bitcoin to purchase the goods that  I want from online. I also use it to exchange for the real cash in hand or to withdraw it from the ATM nearest to me. Bitcoin is great innovation from human beings. I wish it to be the good. 

[Abdulaziz77 239]

I am a bitcoin resale.  I buy cheaper, sell more.  At first I didn't have a big bank and I was earning pennies.  But now I have a good amount, and.  with every trade I make a good profit.  I also have referrals who do the same, and I take a percentage of their earnings.

[Chief executive officer band 681]

I service it for tradings at present without benevolent out my concede money. I be capable of develop payments from at this point and from here I canister initiation trading and let it grow. We must be smart by no means investing besides a large amount not to be penniless. 

[botukk1234 38]

On 02.01.2020 at 06:42, Afrizal rahman said:

Bitcoin can be used for expenses, similar to money.  Some people also save it for investment purposes, while others prefer to use it as a method for making international money transfers.
Bitcoin exists electronically and is stored in a "Bitcoin Wallet".  There are many types of Bitcoin Wallet: Desktop Eallet, Cellphone Wallet, Online / Web-Based Wallet, Hardware Wallet and Even Paper Wallet.

 

Then how do you use Bitcoin in everyday life. I want to know this and share your story here.

 

Quoting

Thanks for the info. I will use it soon when I invest. Good luck with your earnings!

[Gabriels100 157]

Bitcoin is a cryptocurrency, its value increases at the same time that people invest in it, they give it liquidity, so bitcoin acquires a value and that is why it works as a currency, the important thing about Bitcoin is that it is a system that is used and It was implemented on the internet, making transfers and buying and selling faster and more secure thanks to its blockchain, thus uniting everyone in a new system.

[Jesus Belizario 83]

I use BitCoin to invest my local money, since I'm in a country in crisis and there is hyperinflation. And when I see an opportunity to trade, I do it to earn a little more.

[Madikam 90]

I use bitcoin as a tool for investing, because I believe that in the near future it will grow well in price. Sometimes I trade a little, but very rarely. Even less often I pay for something with Bitcoin

[riccp 40]

I have not used Bitcoin, I have used other cryptocurrencies that charge less fee, and others to invest in the Yobit platform, but i will, I will invest in Bictoin in long term, because I know its price will rise.

[skynguyen 54]

When I own bitcoins there are two options. if the price of bitcoin is high I will sell bitcoin. Or switch to your favorite altcoin and wait for it to rise against Btc

[cryptouser1 71]

I use bitcoin as an exchange to my local currency. Most of them do I guess. I also trade it in another cryptocurrency and staking it. Send it to my wallet, wait for it to rise in price. The wait is long but it brings benefits. I hope so.

[Mr.Lettuce 157]

I use it on investing platforms and exchanges, also with some smart contracts. But when it comes the moment of withdraw, I use it to buy some pizza or even buying videogames.

[Zeshan Khalid 2577]

Bitcoin needs to be converted to any centralized fiat currency first to use it for expenses. Because direct payments through any sort of crypto currency are not possible nowadays but it happens soon in future

[Mella 3680]

On 1/2/2020 at 6:42 AM, Afrizal rahman said:

Then how do you use Bitcoin in everyday life. I want to know this and share your story here.

But I am not very understand a lot for wallet I am not very long time in bitcoin, I am try to understand yet. I am use the wallet of Yobit to hold my crypto because I am trader and I am very interest in profiting. The fees and time will be high if I am move the coins all the time to trade.

[Optimist 59]

Bitcoin is a digital currency that was created and released in late 2009 and can be used to buy or sell items, clothing, and food at companies that accept bitcoin as a payment method. I use bitcoin in cryptocurrency trading to buy new cryptocurrencies such as litecoin, tron ,dogecoin,ripple, and others  and also as an online payment method for online purchases.
 

[xawier 49]

I use the bitcoin to trade or exchange currencies in the exchanges and know when the currencies go up or down depending on the market. There are many people who do use the currency as such to buy or make different transfers. 

[Matias Conforti 89]

I use it as a shelter for value against inflation, I think it has a lot of future and a long way ahead, I hope by the end of the year it reaches 15k

[Braulio Eurea 720]

Bitcoin is a cryptocurrency and as such is used in cryptographic operations. You can buy other cryptocurrencies, you can sell, you can save, you can save, you can use it as collateral, you can become a trader; You can undertake large and small investments in new and old projects, you can issue payments with bitcoin. In short, there is a range of operations that can be done with bitcoin.

[Raichu1987 115]

I use Bitcoin to invest, what I have is invested in is different platforms, it is the best way to continue earning Bitcoin, without running the risk that a single platform takes all your Bitcoin, when its use becomes more widespread I will think about using it

Edited October 13, 2020 by Raichu1987

[chawki28 55]

Sometimes I transfer it into dollars and spend it in any bank in my country, and sometimes I buy products or electronic games through Bitcoin for good.