Purchased a VPN for 20$ back in 2013. It is worth now 700$

most often both. nowadays bitcoin is very valuable, as a medium of exchange, or even as an investment tool. people often use both. they hold back when they feel that the price of bitcoin will be high, and make it an investment, and sell it when they need money, or exchange it for a product when they need that product. the great thing about bitcoin is that its use is very flexible. even by having a large amount of it, it can already be considered an investment. Personally, I use bitcoin in both ways depending on the circumstances.

It's not one or the other — it can be both. I hold, and I spend bitcoin from time to time for servers and such.

Topic: Do you spend your Bitcoin? https://bt.irlbtc.com/view/5366232.0
Topic: How often do you transact in the real world with your bitcoin or digital money https://bt.irlbtc.com/view/5400673.0
Topic: BTC Holding or Using ? https://bt.irlbtc.com/view/5398674.0

I think the question has already been asked countless times on the forum. Use the search function instead.

Let me ask you a different question. Have you ever bought anything with fiat money or saved any of it?
See now how pointless the question is?

It depends on your location and the country you are living.

In my country, I wish people around me should accept bitcoin payment and use lightning network but they are not. I do not have option than to convert bitcoin to fiat and buy with fiat.

I use use bitcoin for investment, that is why I am holding it.

I'm done spending my Bitcoin during the peak. Right now I'm accumulating as much as possible by buying using part of my job salary and the extra income here in forum.

During the bullish market, I don't hesitate to cashout and use my Bitcoin investment profit for renovating my house. Until now, my decision to take profit is still worth it since I'm enjoying my home now even though I sell a little early at 60k while price still pump to 67K.

I'm happy to see that some people treat it as both. I wish I could buy things with Bitcoin directly more often, but it's just not an option because of how rarely it's accepted as payment. It's also possibly an obstacle that Bitcoin is in a gray area or treated as an asset or property in many places, which means it's not exactly legally recognized as money, and that can be discouraging for merchants to start accepting it. At the same time, given how well-performing Bitcoin is in terms of gaining value in the long run, it would be unqise to not hodl it and spend all of it.

As time goes on, the less I spend with Bitcoin. A few years ago, I pretty much wanted to use my Bitcoin for everything that I could. Actually, actively seeking out companies/services that accepted it. These days, I'd much rather save it, I guess as a reserve currency rather than something I'd spend regularly. I probably haven't spent my Bitcoin over a year. The last time I remember was to join a competition here on the forum, and then before that was buying some things in the collectible section, which you couldn't get with fiat. Otherwise, I wouldn't have spent my Bitcoin for a few years now.

I imagine this is the case for a lot of users here, especially those that have witnessed the price change over time. It becomes hard to justify spending it, when you could spend fiat, and not be at risk of losing out over time.

so far I only keep BTC as an investment. for trading transactions, I have not used BTC.
but I've used crypto for P2P transactions before. happened last week, because I know the seller, of course, I'm happy to make a wallet purchase transaction with a BUSD payment.

My answer is yes I did buy stuff with bitcoin and other cryptocurrencies but also suing these assets as an investment option. A few years ago I spend my bitcoins for the first time to buy a VPS for myself and it was a great experience because could use my bitcoins directly and without exchange for the first time in my life, however, the bitcoins I paid that day were worth much more right now but I don't feel regret.