How do I make sure to not lose $ value in BTC? - page 2.

Rishabh riyz

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I would suggest that if you are holding good amount of BTC , during the rise in value of BTC you should buy some assets or by other things like in game purchase [like skins cases keys etc:-] in form of investment ,
this would help you distributed your bitcoins and not let anyone take them all by hacking into your wallets
the assets would not make you profit at the time of buying but would surely when you are selling them .
when the value of BTC goes down by selling the assets you would get more bitcins !! see easy profit!! and you would not even lose 1 dollar
you can also connect your BTC into fiat by placing them in exchange sites when the value is high

posternat

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Quote from: Inkdatar on July 26, 2017, 10:55:15 AM

Quote from: BarbieCasino on July 26, 2017, 10:09:56 AM

Quote from: Singbatak on July 25, 2017, 01:49:56 AM

Here in my country Bitcoins can exchange into peso. In coins.ph bitcoin wallet so in case bitcoins is down I exchange it into btc and when bitcoins is up exchange it i into peso. so I also doing trading. in my 2 in 1 wallet.

the market price of the bitcoin is a bit low now a days but we cannot say it will remain the same for long time according to my suggestion the bitcoin is the best way to earn money and to increase your money so I think the price of the bitcoin will be more high after august first so it’s better to invest in bitcoin and make your future secure.

In bitcoin we cannot make sure not to lose value in btc. Somehow, you need to be observant the movement price in the market because bitcoin is volatile it has uptrend and downtrend which traders earn profit. I also used coins.ph here in my country I always check the bitcoin price I buy back when its downtrend and convert it to fiat currency when pump. So its best to check the price always so we can convert it and we cant lose.

Yes the best solution I can see is check your account where you put your money and the exchange site you use to convert it to fiat money so that you can manage your money every now and then. Then best is convert it to dollar or fiat from btc if the price rises. The key is to be active and see the trends in the crypto trading field.

Skieleton

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Quote from: iwasneverhere on July 23, 2017, 04:32:08 PM

You can change your bitcoin to the dollar first (if the price is high), and when the price is low you can go back to buy bitcoin, and sell it at a higher price

Exactly. We must constantly check the price and buy when there is a good opportunity. July 16 price of 1 BTC = 1800 USD. Now 2750 USD.

Inkdatar

hero member

Activity: 1582

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Quote from: BarbieCasino on July 26, 2017, 10:09:56 AM

Quote from: Singbatak on July 25, 2017, 01:49:56 AM

Here in my country Bitcoins can exchange into peso. In coins.ph bitcoin wallet so in case bitcoins is down I exchange it into btc and when bitcoins is up exchange it i into peso. so I also doing trading. in my 2 in 1 wallet.

the market price of the bitcoin is a bit low now a days but we cannot say it will remain the same for long time according to my suggestion the bitcoin is the best way to earn money and to increase your money so I think the price of the bitcoin will be more high after august first so it’s better to invest in bitcoin and make your future secure.

In bitcoin we cannot make sure not to lose value in btc. Somehow, you need to be observant the movement price in the market because bitcoin is volatile it has uptrend and downtrend which traders earn profit. I also used coins.ph here in my country I always check the bitcoin price I buy back when its downtrend and convert it to fiat currency when pump. So its best to check the price always so we can convert it and we cant lose.

suvo05

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Actually there does not have any way to fix the BTC price in your wallet. I don't know when you get paid the BTC, that you are talking about. The BTC price was all time high in 11th June, 2017 price was 3018$. If you got paid that day the then there is a possibility of maximum loss. Now today BTC price is about 2500$ and couple of days before it was about 2700$ . So it is still a very good price.

And you want to fix the amount that mean you need no profit or no loss from the coin. So I suggest you to convert it into USD( I mean Currency that you use ) and save it in your Bank . This may be the best option for you. Good Luck.

roadbits

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Quote from: beerlover on July 26, 2017, 03:15:20 AM

Quote from: Wesimon on July 25, 2017, 01:54:27 AM

Quote from: JB0011 on July 23, 2017, 04:29:37 PM

From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.

Is there a way? Any suggestions?

The fluctuation is normal with btc. It's best if you try to convert your btc into your currency, then if there a decline in price, you will be able to buy btc again. When its high, sell. When it's low, buy. In that case you wont lose but gain more..

Fluctuation in the prices is not a big issue if long term plans are in action. Loss and profit in business happen in any business roadmap. I think if one day the price of bitcoin come down so most probably it may increase next day. So, in business you will wait for a best occasion regarding profit.

Yes the price fluctuation will not affect if you are looking for long term investment. And don't get panic to see the price fluctuation it is common in the crypto world. Once you decided to invest for long term just buy coins and save it in a safe place don't look for a couple of years. Means how many years you plan to wait. But you should check the price updates regularly it will help you how many years you want to wait to make a good profit.

BarbieCasino

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Activity: 612

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Quote from: Singbatak on July 25, 2017, 01:49:56 AM

Here in my country Bitcoins can exchange into peso. In coins.ph bitcoin wallet so in case bitcoins is down I exchange it into btc and when bitcoins is up exchange it i into peso. so I also doing trading. in my 2 in 1 wallet.

the market price of the bitcoin is a bit low now a days but we cannot say it will remain the same for long time according to my suggestion the bitcoin is the best way to earn money and to increase your money so I think the price of the bitcoin will be more high after august first so it’s better to invest in bitcoin and make your future secure.

Shinpako09

legendary

Activity: 2058

Merit: 1015

There is no way that you could locked the price of your btc when the time you received it with the same value no matter the price will go up or down. Unless you convert it into fiat or tether. But since you wanted to keep some of your savings into btc, the only thing you can do is accept the fluctuation happening from time to time.

beerlover

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Quote from: Wesimon on July 25, 2017, 01:54:27 AM

Quote from: JB0011 on July 23, 2017, 04:29:37 PM

From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.

Is there a way? Any suggestions?

The fluctuation is normal with btc. It's best if you try to convert your btc into your currency, then if there a decline in price, you will be able to buy btc again. When its high, sell. When it's low, buy. In that case you wont lose but gain more..

Fluctuation in the prices is not a big issue if long term plans are in action. Loss and profit in business happen in any business roadmap. I think if one day the price of bitcoin come down so most probably it may increase next day. So, in business you will wait for a best occasion regarding profit.

Blessed1

newbie

Activity: 3

Merit: 0

Quote from: JB0011 on July 23, 2017, 04:29:37 PM

From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.

Is there a way? Any suggestions?

Since the bitcoin fork is approaching I think you should convert your BTCs to USD. You may further convert them to Btc after forking.

jzone23

full member

Activity: 194

Merit: 100

The only way to make sure you wony lose any cent is to cash out or convert all your btc to usd or what currency you have in your country if price today is equal or more than the value you spent on acquiring them before. If you dont have the courage to risk then dont let you money stock in btc coz btc value keeps on flactuating either pump or dump no one knows specially this coming chainsplitting that would happen.

jorneyflair

hero member

Activity: 672

Merit: 500

Simple, just sell your bitcoin for normal fiat currency when the price is high. A good time to sell would have been 3 or 4 days ago since the price was at 2750 USD, but now it has dropped a hundred due to August first speculation and FUD. When August the first is finished, I would recommend you to sell at least 60 percent of your Bitcoin, so you have that money. Then just hold the other 40 percent and think of it as an investment.

After you accumulate more Bitcoin from freelancing, you can start investing more, and maybe even get into trading, although trade at your own risk.

VeneVici

newbie

Activity: 50

Merit: 0

I think you can only do that by changing Bitcoin to USDT instantly and holding that. You can't do anything else otherwise, except also exchanging BTC to your currency. Bitcoin is experiencing a lot of volatility, which yes, it could mean you can spend 0.001 on a drink today and 0.005 tomorrow. I would exchange BTC into fiat, only as much as I need, instantly when I receive it and hold the rest in a 'freezed' wallet, for example a paper one.

hajimasan

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Merit: 500

Quote from: JB0011 on July 23, 2017, 04:29:37 PM

From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.

Is there a way? Any suggestions?

Yes ,Here we have a way . First all make a better analysis in the coin market cap for which the price is at low and stable from one to two months and buy these coin in small small amount ( invest your Bitcoin in different different coins) .
In this way you will not get loss of money because thier price are at low and stable and If the market will rise then surely you don't have need to take loss and also if the price of any coin will go down then the other coins small fluctuations in price will counterbalance your money that you invested invested in the coins .
So in this way you will only get profit or net gain profit/loss zero and your money that you have placed will remain at stable .
And also here a best way to keep your btc at stable is to invest in any legitimate project ( investment in poloniex to.land or in yobit.net for 0.2%/day ) .
Hope you understand and will.follow my idea .

Adbitco

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Leading Crypto Sports Betting & Casino Platform

Quote from: iwasneverhere on July 23, 2017, 04:32:08 PM

You can change your bitcoin to the dollar first (if the price is high), and when the price is low you can go back to buy bitcoin, and sell it at a higher price

That's the only available option you can go for. Hold your btc until the price increases and then when there's a rise in price sell them and buy the bitcoins again when the prices drop otherwise get paid in USD which is a more stable currency than bitcoin.

Vaccinus

sr. member

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Quote from: JB0011 on July 23, 2017, 04:29:37 PM

From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.

Is there a way? Any suggestions?

if you are for the long term does it matter if bitcoin go down a little and then recover? better to not stress yourself with all the up and down, just relax and use your bitcoin when the desired price is reached, but if you need to convert quickly use a third party that auto-convert

mihohil

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you can just wait, it's going down, but then it always grows. you won't loose money, if you have them in btc.

Prodigan786

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Quote from: espante on July 23, 2017, 04:43:43 PM

Sounds like what you really want is tether, its a digital currency that runs on the blockchain fixed to the US$.

That is the only way to guarantee you have the same value later on as what you put in or received.

I was also finding the same solution as OP but Tether how i can believe this coin if any dump happens will that able to hold the same value and how about its growth if it fixed to same value why should investors invest on this??.

cafucafucafu

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Well, Bitcoin is known for how volatile it is, and how often the prices of it rise and fall. For example, last week was a classic example of it and Bitcoin feels almost 1000 USD in a day and rose back up in 10 hours.

To make sure you don't lose value in bitcoin, there is only one option you can do. Cash out. When bitcoin is high, say around 2.8K I would recommend you just taking half of your current Bitcoin out and then holding the rest for a next rise. Investing in Bitcoin is useful, but you should know when to cash out.

Zicadis

legendary

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Dump it!!!

Quote from: Pleione527 on July 25, 2017, 12:38:54 AM

If you are afraid of taking chances or risk then sell right away when you received your bitcoin

Practically correct there isn't a bitcoin service that will allow you to hold and lock in on a certain value unless you sell your bitcoins

Quote from: Pleione527 on July 25, 2017, 12:38:54 AM

but I think you will regret it if you do so...though bitcoin is so volatile it still gives higher return for investment its a matter of being optimistic and try to risk little of your earning you never know it can give you good income

In as much as there is risk, bitcoin holders usually profit from this volatility thanks to the rallies and all speculations that excite investors(whales) to buy more, if OP doesnt need to use the money immediately better hold or buy cash equivalent goods like a gift card

Topic: How do I make sure to not lose $ value in BTC? - page 2. (Read 1971 times)