Do you use Bitcoin as a currency or just as an investment?

[vegasus]

Still, it seems that even though it is not yet legal tender, in some countries, transactions using Bitcoin are already being carried out, and there are merchants who do accept Bitcoin as one of the payments and it is not a problem. and that is what I can hope will happen in my country too, although it may be quite difficult to happen. and of course that is also expected in most countries in the world, because now more and more people are familiar with cryptocurrency around the world.

Right, many countries are still in the gray area, so it means it's neither legal nor illegal and we are very luck if we lived on that country. And we used Bitcoin as a sound money although we have to used a middle man to transact and not that p2p that it was designed.

But still though, that's good to us, I mean yeah, we could have some in our wallet as a investment. However, at the same time, we could still used it as a currency, either convert it to local fiat or used a 3rd party as I have said to process transactions.

That's why the government always makes their rules, and tries to control whatever we do. But on the other hand, we also have the right to do what we want. So, let's just optimize the existing loopholes, the existing opportunities to focus on what we want. Especially in the crypto world, everything is online, as long as we can do it, just do it, and be careful to avoid anything that might be dangerous or detrimental to us. Crypto gives us many benefits if we can optimize it, so regardless of any regulations, let's just take advantage of it.

[Lucius]

As I recall, many people also suggest using the DCA method so that Bitcoin can be collected easily and a lot if using DCA. Unfortunately, if I pay attention to this DCA method, it means that we must have fresh funds ready to buy Bitcoin per month, for example, I buy Bitcoin per month worth 100 dollars, and if multiplied in 1 year, it means I have to spend fresh money worth 1,200 dollars.
And my question is, 100 dollars per month is a large value and I don't know how I get 100 dollars in one month?

For someone, $100 is a lot of money - for someone else, it's not at all - it all depends on where you live and how much you earn. Money is something you usually get by getting a job and then getting paid for your work - or say you plant tomatoes and potatoes and sell them at your local market. There are many ways to earn money, you just have to choose the method that suits you best.

~snip~
I sometimes think to buy domains and hosting via BTC but never did that because it seems a but expensive at the moment. So will I be considered as one using BTC to pay for items as a currency.

Why not try? Hosting has fairly uniform prices, it all depends on what you need - but there are many companies that accept cryptocurrencies for their services of this type.

[Vx1]

In our country until now has not accepted Bitcoin as a legal tender, but the government here does not prohibit its people from trading and investing in Bitcoin.
Like most people, I only use Bitcoin for investment and also trading to increase my money.
But it is not impossible if one day our country accepts payment with Bitcoin then we will do the same.

[SmartGold01]

Bitcoin is both, as an investment and also as a currency. It's just that I live in a country where Bitcoin is only legal as an investment or commodity, while it is prohibited if used as a currency, it violates the rules and can be subject to sanctions. That's why so far I only treat Bitcoin as an investment and this has helped me a lot in many ways and fulfilling my needs. But I always pray that one day Bitcoin can really be legal as a currency anywhere globally so that the function and value of Bitcoin will increase again and can be accepted anywhere, this is the main target of Bitcoin. Unfortunately, the government will certainly not let this happen easily.

If not for few country countries such as el salvador which mostly gives way to bitcoin, I don't think other country has done that so far. Bitcoin always on the investment aspect mostly than that of using as a legal tender where people start using as cash for payment except online payments, and even in our country as well we aren't that bitcoin friendly for payment or even in relation with banks. But people are going into investment on heavy aspect and trade on exchange via p2p and doesn't give much priority using within the country.

Still, it seems that even though it is not yet legal tender, in some countries, transactions using Bitcoin are already being carried out, and there are merchants who do accept Bitcoin as one of the payments and it is not a problem. and that is what I can hope will happen in my country too, although it may be quite difficult to happen. and of course that is also expected in most countries in the world, because now more and more people are familiar with cryptocurrency around the world.

Right, many countries are still in the gray area, so it means it's neither legal nor illegal and we are very luck if we lived on that country. And we used Bitcoin as a sound money although we have to used a middle man to transact and not that p2p that it was designed.

But still though, that's good to us, I mean yeah, we could have some in our wallet as a investment. However, at the same time, we could still used it as a currency, either convert it to local fiat or used a 3rd party as I have said to process transactions.

It depends on the country if you can transact directly without using p2p services but still it's more better to use the service because sometimes there could be a kind of trace through banks since there are still more eyes from government monitoring transaction, especially my country. Most time using third party payment system is quite good.

[21Pilots]

Still, it seems that even though it is not yet legal tender, in some countries, transactions using Bitcoin are already being carried out, and there are merchants who do accept Bitcoin as one of the payments and it is not a problem. and that is what I can hope will happen in my country too, although it may be quite difficult to happen. and of course that is also expected in most countries in the world, because now more and more people are familiar with cryptocurrency around the world.

Right, many countries are still in the gray area, so it means it's neither legal nor illegal and we are very luck if we lived on that country. And we used Bitcoin as a sound money although we have to used a middle man to transact and not that p2p that it was designed.

But still though, that's good to us, I mean yeah, we could have some in our wallet as a investment. However, at the same time, we could still used it as a currency, either convert it to local fiat or used a 3rd party as I have said to process transactions.

That's why the government always makes their rules, and tries to control whatever we do. But on the other hand, we also have the right to do what we want. So, let's just optimize the existing loopholes, the existing opportunities to focus on what we want. Especially in the crypto world, everything is online, as long as we can do it, just do it, and be careful to avoid anything that might be dangerous or detrimental to us. Crypto gives us many benefits if we can optimize it, so regardless of any regulations, let's just take advantage of it.

However, there is still some space between the lines of rules, and we have the right to change our direction ourselves even in the crypto world. This new world indeed offers many ways as to how one can build him up and be what he or she wants to be in this world provided one can come across the right outlook to the many opportunities out there.

Crypto is promising if used correctly meaning it has great potential to make things worse if used wrongly, care is needed when taking steps. That implies that we can still achieve the maximum benefits as we strive to stick to the existing regulations and look at every opportunity that comes our way.

[Hisbullah]

Bitcoin is both, as an investment and also as a currency. It's just that I live in a country where Bitcoin is only legal as an investment or commodity, while it is prohibited if used as a currency, it violates the rules and can be subject to sanctions. That's why so far I only treat Bitcoin as an investment and this has helped me a lot in many ways and fulfilling my needs. But I always pray that one day Bitcoin can really be legal as a currency anywhere globally so that the function and value of Bitcoin will increase again and can be accepted anywhere, this is the main target of Bitcoin. Unfortunately, the government will certainly not let this happen easily.

If not for few country countries such as el salvador which mostly gives way to bitcoin, I don't think other country has done that so far. Bitcoin always on the investment aspect mostly than that of using as a legal tender where people start using as cash for payment except online payments, and even in our country as well we aren't that bitcoin friendly for payment or even in relation with banks. But people are going into investment on heavy aspect and trade on exchange via p2p and doesn't give much priority using within the country.

Still, it seems that even though it is not yet legal tender, in some countries, transactions using Bitcoin are already being carried out, and there are merchants who do accept Bitcoin as one of the payments and it is not a problem. and that is what I can hope will happen in my country too, although it may be quite difficult to happen. and of course that is also expected in most countries in the world, because now more and more people are familiar with cryptocurrency around the world.

Right, many countries are still in the gray area, so it means it's neither legal nor illegal and we are very luck if we lived on that country. And we used Bitcoin as a sound money although we have to used a middle man to transact and not that p2p that it was designed.

But still though, that's good to us, I mean yeah, we could have some in our wallet as a investment. However, at the same time, we could still used it as a currency, either convert it to local fiat or used a 3rd party as I have said to process transactions.

It depends on the country if you can transact directly without using p2p services but still it's more better to use the service because sometimes there could be a kind of trace through banks since there are still more eyes from government monitoring transaction, especially my country. Most time using third party payment system is quite good.

In my country I am not too strict in monitoring Bitcoin and Crypto transactions, it is only done on the local exchange.
But I rarely trade on the local exchange, only when I need Fiat I just did it.
And maybe the supervision and regulations in a country are different.

[Gurujebs]

In our country until now has not accepted Bitcoin as a legal tender, but the government here does not prohibit its people from trading and investing in Bitcoin.
Like most people, I only use Bitcoin for investment and also trading to increase my money.
But it is not impossible if one day our country accepts payment with Bitcoin then we will do the same.

We have similar stand of Bitcoin in my country. The government didn't declare Bitcoin as legal tender neither do they ban it but they don't just like the fact that people use Bitcoin because it goes against their true traditional system but of course they can't ban it because Bitcoin is what feed many people, doing that will make plenty of people jobless.

I think that if in the future Bitcoin doesn't dump like it use to in the past, like it becomes stable like Golf but appreciate often, the government will be forced to allow it becomes a legal tender like gold so that people can trade Bitcoin directly with anything they like but it will comes with regulation definitely.

[Vx1]

In our country until now has not accepted Bitcoin as a legal tender, but the government here does not prohibit its people from trading and investing in Bitcoin.
Like most people, I only use Bitcoin for investment and also trading to increase my money.
But it is not impossible if one day our country accepts payment with Bitcoin then we will do the same.

We have similar stand of Bitcoin in my country. The government didn't declare Bitcoin as legal tender neither do they ban it but they don't just like the fact that people use Bitcoin because it goes against their true traditional system but of course they can't ban it because Bitcoin is what feed many people, doing that will make plenty of people jobless.

I think that if in the future Bitcoin doesn't dump like it use to in the past, like it becomes stable like Golf but appreciate often, the government will be forced to allow it becomes a legal tender like gold so that people can trade Bitcoin directly with anything they like but it will comes with regulation definitely.

The fluctuating value of Bitcoin is very high, Setya Bitcoin is decentralized is the main reason why Bitcoin is difficult to accept by most countries. But I am optimistic, seeing the very rapid development of Bitcoin and the increasing number of people who are looking for information about Bitcoin. Over time, many countries will legalize Bitcoin as a transaction tool, the most important thing now is that we must be grateful to be able to know Bitcoin earlier. Because out there there are still many people who do not understand what Bitcoin is.

[bhadz]

I don't want to say something else but I am mostly using bitcoin as an investment. There were times in the past that I have use third party providers for paying BTC for the purchases that I have done but that don't happen now often. Because to me, it's more important to hold Bitcoin as an investment or an asset than as a currency. Satoshi's vision in making it is about having it used for medium of exchange and mostly as a currency but times are quickly changing and it is not just a currency anymore.

[Hisbullah]

I don't want to say something else but I am mostly using bitcoin as an investment. There were times in the past that I have use third party providers for paying BTC for the purchases that I have done but that don't happen now often. Because to me, it's more important to hold Bitcoin as an investment or an asset than as a currency. Satoshi's vision in making it is about having it used for medium of exchange and mostly as a currency but times are quickly changing and it is not just a currency anymore.

I only use bitcoin for investment not as a means of payment, although bitcoin can be done as a payment method but the government in my country still prohibits it.
So I always focus on investing and getting the results of my investment every 4th cycle because I chose Hold for the long term following the cycle.

[enwi]

I don't want to say something else but I am mostly using bitcoin as an investment. There were times in the past that I have use third party providers for paying BTC for the purchases that I have done but that don't happen now often. Because to me, it's more important to hold Bitcoin as an investment or an asset than as a currency. Satoshi's vision in making it is about having it used for medium of exchange and mostly as a currency but times are quickly changing and it is not just a currency anymore.

I only use bitcoin for investment not as a means of payment, although bitcoin can be done as a payment method but the government in my country still prohibits it.
So I always focus on investing and getting the results of my investment every 4th cycle because I chose Hold for the long term following the cycle.

We have a clear aim at the concentrated investment approach, the primary asset of which is bitcoin as a durable good. While still not as comprehensive as an investment asset this choice allows us more portfolio control within the current regulatory environment. In general, by means of the method which you use, we are capable of receiving stable and valuable chance at every stage of price rising.

This feasibility of it to continue in Hold method, makes it possible for us to endure fluctuations, and embrace more favorable outcomes. We have decided to follow a slow but promising road. It helps to meet future change with confidence which means that each of the cycles is effective and can be considered as the cycle of continuous improvement.

[SamReomo]

I will say that I use BTC as a currency whenever I have the opportunity to do so, and that over the years I have bought a lot of physical things such as televisions, mobile phones, computers and the like and paid for them with BTC - but I also regularly pay for some digital things with BTC.

I used to purchase digital items with Bitcoin but now I don't do that. I personally consider Bitcoin a good investment and as a trader I also use it for trading.

When it comes to investing then there's nothing as good as Bitcoin and similarly when it comes to safe trading then Bitcoin is the winner.

So in simple words I'm someone who doesn't buy physical items directly with Bitcoin and when I have to then I do p2p and convert it to fiat and with fiat I can purchase physical items way easily as of now.

[legend45]

I used to purchase digital items with Bitcoin but now I don't do that. I personally consider Bitcoin a good investment and as a trader I also use it for trading.

When it comes to investing then there's nothing as good as Bitcoin and similarly when it comes to safe trading then Bitcoin is the winner.

So in simple words I'm someone who doesn't buy physical items directly with Bitcoin and when I have to then I do p2p and convert it to fiat and with fiat I can purchase physical items way easily as of now.

I agree with you, bitcoin is the most suitable coin for investment, because the price will be more expensive over time by looking at the 4-year cycle we can see the performance of bitcoin.
Bitcoin will experience a price increase and always touch a new ATH in every cycle.
I only use bitcoin for investment and I have never bought anything using bitcoin.

[enwi]

I used to purchase digital items with Bitcoin but now I don't do that. I personally consider Bitcoin a good investment and as a trader I also use it for trading.

When it comes to investing then there's nothing as good as Bitcoin and similarly when it comes to safe trading then Bitcoin is the winner.

So in simple words I'm someone who doesn't buy physical items directly with Bitcoin and when I have to then I do p2p and convert it to fiat and with fiat I can purchase physical items way easily as of now.

I agree with you, bitcoin is the most suitable coin for investment, because the price will be more expensive over time by looking at the 4-year cycle we can see the performance of bitcoin.
Bitcoin will experience a price increase and always touch a new ATH in every cycle.
I only use bitcoin for investment and I have never bought anything using bitcoin.

I know that bitcoin has turned into one of the most popular forms of investment today, which is quite comfortable for those who expect its price to rise in the future. The cryptocurrency has a tendency to have high fluctuations with a four-year cycle, but the general constant increase might be very attractive. As you do, I do not spend bitcoin like plain cash but rather use it as a significant investment since its future scarcity will enable it to perform a store of value function well.

[bounceback]

I agree with you, bitcoin is the most suitable coin for investment, because the price will be more expensive over time by looking at the 4-year cycle we can see the performance of bitcoin.
Bitcoin will experience a price increase and always touch a new ATH in every cycle.
I only use bitcoin for investment and I have never bought anything using bitcoin.

Many top or bigger company adopting bitcoin not as their payment transaction only but also as investment assets because most suitable for long term investment.
Adopting bitcoin as payment currency is worth but many countries still not legal using bitcoin as payment currency transaction and I think suitable when adopting bitcoin as commodity or investment assets.
Increasing of bitcoin price year by year most drastically I think reason why many company, personal until any government adopted bitcoin as investment assets than using as digital currency transaction.