Jump to content

How important is Crypto in your life now?


davinmark

Featured Comment

Posted

Heya Stakers

So we know that In 2017, we thought that the crypto currency would grow forever. Not only Bitcoin, but everything else .. Then it seemed to me that it was not just the future, but a happy future ... as in a fairy tale ..

For me crypto now is like we save the money in bank and maybe like some investment because for now and for the future crypto is such as new technology and if every people support this it's not impossible crypto will lead the economyc market in the future. And I will save every best crypto for now for the investment.

and also all my 40% money was invested in Crypto (which is BTC,XRP) so i think crypto is very important to me, seems i need to looking and checking the prices every single day

 

So how about you guys? How important is Crypto in your life now?

 

 

Posted

I've never used crypto to transact, eg. buy goods and services, so it has not affected me that much. I bought crypto to hold, so I don't plan on touching my investments for a while. So, hopefully when I do access my investment in the next 30 years when I retire, hopefully then it will be worth a lot :)

Posted
4 minutes ago, williamshennie9 said:

I've never used crypto to transact, eg. buy goods and services, so it has not affected me that much. I bought crypto to hold, so I don't plan on touching my investments for a while. So, hopefully when I do access my investment in the next 30 years when I retire, hopefully then it will be worth a lot :)

in next 30 years ? damn i never had a plan to think what im going to do with crypto in next 30 years :D 

Posted
14 minutes ago, davinmark said:

in next 30 years ? damn i never had a plan to think what im going to do with crypto in next 30 years :D 

My sentiments exactly. I don’t even have a plan for Brunch tomorrow, much less 30-years later. 

Then again, isn’t it common for people that plan far ahead to have better financials and also, be part of the rich community...?

Posted

I have the same thoughts like yours, crypto is like an investment for me since my country does not have enough establishments on where to use it. I'm now planning on holding it for the future and gonna see where it will go.

Posted

Crypto does actually not play a very important part in my life. I know, thats ironic being me here and blabla :D!

I still see Bitcoin or crypto as a currency and not a trading object. In my country is a lack of shops or dealers who accept any crypto. If I spend something its usually on MMOGA or for pizza. Maybe if it becomes more useful to me, like having local stores accepting crypto.. maybe then it will get way more important to me.

Posted
On 11/24/2018 at 6:57 PM, davinmark said:

in next 30 years ? damn i never had a plan to think what im going to do with crypto in next 30 years :D 

In my country, I don't know of any store which accepts bitcoin (except for one major retailer, but that was just a one-day test). I bought bitcoin to hold as a hedge against inflation, just like I've invested in stocks, gold, mutual funds, property etc. I plan to only sell/dispose of these when I need the money in old age :)

Posted
9 minutes ago, Etude said:

Pretty sure I can say that it is no longer possible to go by a single day in my life without approaching cryptocurrency anymore. :D

Is it so widely broadcasted in your area? Heard somewhere that normal sellers at the steet (food miles) use Crypto as payment too?

In my city.. maybe one or two offer a Bitcoin-Payment method... maybe due to complicated taxing here.

Posted

I'm using small amounts of crypto only for investment and gambling. Otherwise it doesn't affect my everyday life. I wish I could use it to pay for travel and expenses but probably not in the foreseeable future.

  • Moderator
Posted

cryptos for me now, is just for entertainment, - gambling. :)

but for sometime in the previous months / years, it was a source of extra income. i could buy stuff i wanted without touching my salary / savings by using sats. but with the trend of price it is going now, that purpose is on a halt. :P 

Posted

Well its kinda of my side work trading it on LocalBitcoins :P. Wouldn't mind taking a day as a break from the site tho but eh its fun to see people try to scam to get some Bitcoin xD 

Posted

Crypto has no importance in my life actually. Stake as an online crypto casino has grown a big part in my life, talking about taking time out of my day and giving me joy+fun.

But I'm nowhere dependant on crypto, as I dont have any investments or any kind of stocks currently :)

  • Moderator
Posted

Not really important, only if I lost my gold here. I would be sad to see that lost. These money just a spare and not really impact to my life. 

Only if you already buy 1 bitcoin, it would be a important to see.

Posted

Since I met the BTC and started working with Crypto coin I had a very good return, not enough to get rich or something, but it is a very good help to complement my income, and I think with many it is similar.
 

Posted

Hello there, well for me cryptos are useful in my life due to online payments , fast transactions and specially anonimity. However many who choose Bitcoin and other cryptocurrencies as a means of exchange and storage would otherwise choose cash in daily life. Cash doesn’t know anything about its holder. On the face this may sound nefarious, but in fact it’s more a protective measure based on experience for most. For others, it’s just a matter of comfort.

Whatever the reason, users seek privacy. Every time a credit card is swiped, personal information is entered into databases. It is hard to believe that such databases are all secure enough to protect this information from bad actors, especially in light of recent events such as the Target breach. Even those who outsource their security and payment processing, occasionally compromise user privacy inadvertently when their vendors are compromised. If you’re looking for a version of cash that can be spent in the same way that credit cards are used online, cryptocurrencies can help you. There are some which focus specifically on privacy and obfuscation of user data, such as Dash. Also cryptos makes me get full control of finances. With cryptocurrency, when you receive your coins from whatever source, they are there, within your control. Yes, there are some good security practices you must utilize to keep thieves at bay, but it sure beats trusting those with a proven record of failure.

Posted

Mostly people gamble here. So crypto is important for all of us here. We save crypto for getting profit when the price will go up. And gamble with crypto in a want of increase our holding coin. I also use to save crypto and it's important for me to. Hoping a big piece up in future.

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

Privacy Policy Terms of Use