1 BTC = 1 BTC, no need to think how much exactly you getting paid at that time.
If you're want to make profit of BTC/USD pair, then there's nothing wrong, but if you get paid 0.03 BTC, you must think it's still 0.03 BTC in the next month, year etc as long as you didn't spend it. If you not trust Bitcoin, you can convert your BTC immediately to fiat when you get paid or vice versa.
Topic: How to use Bitcoin or crypto? - page 2. (Read 389 times)
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The trick is to remember the price you received those highly fluctuational coins.
Say you received 0.03 BTC (720 ish today 08.19.23) for some work at 25500? Well, once you need FIAT you can just sell the 0.03 at plus 25500.
It's just an expectation, bitcoin can move lower. On the other hand, if you want to see that receiving a bitcoin is a profit, then don't use bitcoin salaries on a more frequent basis so you can convert to fiat when its profitable only.The trick is to remember the price you received those highly fluctuational coins.
Say you received 0.03 BTC (720 ish today 08.19.23) for some work at 25500? Well, once you need FIAT you can just sell the 0.03 at plus 25500.
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When working it's recommended to have more than one currency, even when living in the States it can be to your advantage knowing how to handle your finances. Bitcoin can not correct your bleeding spending urges.
I don't see any significant gain if it's just a collection of stable currencies. If you mean diversification into cryptocurrencies, you are somewhat right with the condition of workers where the average expenditure is only a few percent of the average salary lets say 40%. When working it's recommended to have more than one currency, even when living in the States it can be to your advantage knowing how to handle your finances. Bitcoin can not correct your bleeding spending urges.
I mean, I do get paid in Bitcoin for services however I find it better to convert it to USD right away. For those days where I wanted to buy Bitcoin and DCA, I simply but it from the converted USDT. I do not like to keep it in Bitcoin, if we talk about a pay. It's just one more layer of step to be done and I don't think so this should be widely accepted by any company to pay their employees in Crypto. For now, let's just keep it going with Fiat or USDT.
That's helpful if you don't want to remember if you are on the losing or gaining side, convert your crypto to USDT.
The adoption will highly depend if the employees in general are agreeing to this initiative.
Otherwise, they will stick to their traditional means of payment method and not bother about crypto.
But the company can always create an option, depending on their stance on this market.
Yes but that price changes every time bitcoin goes up or down.
Therefore remembering is not that bad
It's okay if you just receives once or twice a week but receiving bitcoin regularly, remembering its value every time you receive is out of pointless. Therefore remembering is not that bad
I mean, I do get paid in Bitcoin for services however I find it better to convert it to USD right away. For those days where I wanted to buy Bitcoin and DCA, I simply but it from the converted USDT. I do not like to keep it in Bitcoin, if we talk about a pay. It's just one more layer of step to be done and I don't think so this should be widely accepted by any company to pay their employees in Crypto. For now, let's just keep it going with Fiat or USDT.
Well an excel could do the trick.
But you don't have to keep track of the price for every bitcoin payment you got. Just calculate the average purchase price after each payment. This way, you will always know if you are selling below or above what you paid.
Do you have a dedicated topic for your services or perhaps a portfolio?
Once I get a member title sure. Just saw that I am now a member, so no excuse,:)
Portfolio I have. in the spanish section there is an offer and an english offer is planned too.
Yeap its planned to do so in english too, in spanish there is an offer in the spanish board.
Explainer: I don't get salaries, I get paid for services
But you don't have to keep track of the price for every bitcoin payment you got. Just calculate the average purchase price after each payment. This way, you will always know if you are selling below or above what you paid.
Do you have a dedicated topic for your services or perhaps a portfolio?
Once I get a member title sure. Just saw that I am now a member, so no excuse,:)
Portfolio I have. in the spanish section there is an offer and an english offer is planned too.
It will be easier to get jobs if you post your portfolio in services board.
Yeap its planned to do so in english too, in spanish there is an offer in the spanish board.
Explainer: I don't get salaries, I get paid for services
Yes but that price changes every time bitcoin goes up or down.
Therefore remembering is not that bad
Therefore remembering is not that bad
But you don't have to keep track of the price for every bitcoin payment you got. Just calculate the average purchase price after each payment. This way, you will always know if you are selling below or above what you paid.
I wouldn't mind making more in Bitcoin, So if someone needs some webservices go ahead and get in touch 
Do you have a dedicated topic for your services or perhaps a portfolio?
Regrettably, I'm quite puzzled by the message you're trying to convey. Despite using a translator for my native language, I'm still unable to grasp its meaning. Let's imagine that you're interested in receiving cryptocurrency as payment, not just limited to Bitcoin. You have a preference for other coins over Bitcoin due to transaction delays and fees. Particularly, you favor Litecoin. However, the party making the payment must also have an inclination towards Litecoin; otherwise, you won't be able to receive your preferred form of payment. The decision of whether to sell or hold onto the received crypto is entirely up to you.
Some people like to be single minded and wish to just be paid in BTC. That is highly impractical IMHO.
We use it as it comes, we get paid in Bitcoin, Litecoin, USDT all currencies which are most favoured by clients.
If you receive salary in bitcoin or any cryptocurrency, I think the best option is to have an agreement based on usd value for your work. For example instead of asking for 0.1bitcoin per month you could negotiate for $3000 worth of bitcoins/month, this way you don’t have to worry about the market fluctuations. All this is pointless if you’re just going to sell all the bitcoins for usd. We use it as it comes, we get paid in Bitcoin, Litecoin, USDT all currencies which are most favoured by clients.
I wouldn't mind making more in Bitcoin, So if someone needs some webservices go ahead and get in touch
It will be easier to get jobs if you post your portfolio in services board.
You making it's complicated than it should be , before a company pays you in crypto-currency you and them should have reached an agreement concerning that and they must have told you that they do accept Bitcoin or any other crypto-currency as a means of exchange aside that there is an even more concrete way and that is getting your pay in what ever means they offer you and going to buy Bitcoin or the currency of your choice
Bitcoin wallets already have the equivalent fiat value of your Bitcoin which means you don’t need to remember the price that you received payment if you knew how much in fiat you received for your service.
Yes but that price changes every time bitcoin goes up or down.
Therefore remembering is not that bad
The trick is to remember the price you received those highly fluctuational coins.
Say you received 0.03 BTC (720 ish today 08.19.23) for some work at 25500? Well, once you need FIAT you can just sell the 0.03 at plus 25500.
Say you received 0.03 BTC (720 ish today 08.19.23) for some work at 25500? Well, once you need FIAT you can just sell the 0.03 at plus 25500.
Bitcoin wallets already have the equivalent fiat value of your Bitcoin which means you don’t need to remember the price that you received payment if you knew how much in fiat you received for your service.
The price of Bitcoin doesn’t matter if you really need Fiat because you can’t control when will the price of Bitcoin will go near or above the price when you receive your Bitcoin. This is the price of using Bitcoin to receive payment, You can earn more or less once you convert your Bitcoin to fiat when you already need it.
Some people like to be single minded and wish to just be paid in BTC. That is highly impractical IMHO.
We use it as it comes, we get paid in Bitcoin, Litecoin, USDT all currencies which are most favoured by clients.
The trick is to remember the price you received those highly fluctuational coins.
Say you received 0.03 BTC (720 ish today 08.19.23) for some work at 25500? Well, once you need FIAT you can just sell the 0.03 at plus 25500.
When working it's recommended to have more than one currency, even when living in the States it can be to your advantage knowing how to handle your finances. Bitcoin can not correct your bleeding spending urges.
Our income is set in 90% FIAT, Most companies prefer Bank transfers, I prefer Litecoin, take also other coins especially when transfer times and fees are not that huge.
I wouldn't mind making more in Bitcoin, So if someone needs some webservices go ahead and get in touch
We use it as it comes, we get paid in Bitcoin, Litecoin, USDT all currencies which are most favoured by clients.
The trick is to remember the price you received those highly fluctuational coins.
Say you received 0.03 BTC (720 ish today 08.19.23) for some work at 25500? Well, once you need FIAT you can just sell the 0.03 at plus 25500.
When working it's recommended to have more than one currency, even when living in the States it can be to your advantage knowing how to handle your finances. Bitcoin can not correct your bleeding spending urges.
Our income is set in 90% FIAT, Most companies prefer Bank transfers, I prefer Litecoin, take also other coins especially when transfer times and fees are not that huge.
I wouldn't mind making more in Bitcoin, So if someone needs some webservices go ahead and get in touch
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