Topic: I did not understand something with the Bitcoin - page 3. (Read 3646 times)
This risk (of getting paid in bitcoins and the price decreasing) is not that big if you manage to convert the same into fiat as soon as you receive the payment. Storing bitcoins would not be wise as then you are completely dependent on a rate but we have seen bitcoin prices falling by less than $200 in a day which makes it a very risky currency to use. Exchanging it would be the best option.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Certainly, to get paid that way is for people who want to assume the risk. Bitcoin is very likely to go up in the long term, so working for it is appealing if you do not really need the money that much and can keep it for the long term.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
The risk is there, but you will not complain when the price of bitcoin skyrockets as the fiat currencies fall. It's an assumed risk you take. You can't expect stability in a revolutionary act.
well, that is the risk of using bitcoin. Well, if you accept bitcoin and at that time the price goes up to the height, it also can make you become more profitable, and I'm sure your boss will not press it. Well, there is no business that could actually make a profit without excessive risk
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Every coin has two sides, if the amount you get can decrease then it can increase too as well, so you should decide if you can take the risk or not, if you can take the risk then simply hold your coins and if you can't then just sell them immediately after getting them.
well to me if it happen there is an decrease in btc,i will just have to wait untill the price comes up again and its stable, though i will not withdraw all of it, while there is an decrease in btc, but little i will... and reserve some while the price is stable again...
quit unrealistic because bitcoin us getting popular day by day and many more companies are accepting bitcoin and so demand will keep increasing and definitely price will increase. so there will be no such incident where price will be low overall. well sometimes price Erik be low but overall it's price will be increasing.
You have to be careful, because you can earn or you can lose money. But the most important think is that you will learn something about bitcoin, it doesn't matter if it will be good or bad, you will have a information about payments with bitcoin. If you never risk you will never know and learn. 
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
I think it's now a big problem because bitcoin is different with fiat currency, it's easy to go up and down. maybe I prefer to collect it until price will going up. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Bitcoin is just like life, sometimes it fall, sometimes it rise. If the bitcoin falls down, then, there is also a time for rising. You just need to wait.
The chance will be like 5% max, you will don't go broken because some dollars.
I think that people that earn in bitcoin have a good ammount saved and are holding it for long time.
I think that people that earn in bitcoin have a good ammount saved and are holding it for long time.
if you cant hold btc for long time you can cash it into fiat so dont worry bout price will fall
but dont dissapoint too if the price go high
but dont dissapoint too if the price go high
If we engage into bitcoin we normally knew already its disadvantages and thats the deflation of its price we already aware on that and we must be ready on the price decrease anytime because bitcoins price is too volatile. If you dont like decreasing prices then its better not to engage bitcoin on the first place.
Well, we are all aware that Bitcoin can suddenly drop the price. And yet I think that we just believe that it won't happen. Sometimes yo win and sometimes you lose. It is okay till there is this balance. Oh, and if you have around 1 BTC then it doesn't matter much, I guess, because you still have around $600.
Yes, its risky because when you get paid your salary in Bitcoins, when its price decreases, you will suffer a loss in your salary. Similarly, if Bitcoin price increases, you get more salary paid.Bitcoin price is highly volatile. Its not advisable to get salary in Bitcoins.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Any currency can devaluate any time.If you get paid USD and it crash suddenly then also you will suffer lose.It is true that bitcoin is more volatile that is why you should not entirely depend on it.Use it as extra source of income and you will always be fine If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Well, almost everything has its risks, and this volatility of BTC is one of the risks of Bitcoins. I'd suggest check the prices everyday, and whenever you feel that if you sell your BTC(s) then, you will gain more, then do just that
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
A lot of people are posting here for money, promoting this or that service (you and me included). It may well be a side job, if we can call it a job at all, but do you really think about it as being risky even if it is your main source of income? In my view, risky is when you chance jaywalking a busy street during rush hour. In this respect, decreasing Bitcoin price can hardly be qualified as risky.
Well the most simple solution there is if you are not a risk taker then do not go to jobs that pay bitcoin and choose fiat money that is more stable than bitcoin. Of course for risk takers the benefit of having Bitcoin as payment os yhe chance to take profit of your earning which Fiat currency do not have because they are not volatile like cryptocurrencies.
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
if i got the payment in btc and after get the payment the price of btc decrease then i will wait for increase the price or i will use to wisely to sell it high rate to my clients ( i have many clients at WhatsApp and can take at emergency need of btc at high price ). If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
actually not you are only in the bitcoin who is facing this problem but everyone is facing the same problem . If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
but i have solution for this .
if rate going down then make buy small amount of btc and if again go diwn then again make small amount buy of btc and so on .
in this way you will remain in the average price of bitcoin .
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