There is a name for that, it's very simply and everyone knows it. It's "professional risk”, you work, you buy and sell, trade, play some sport, and every action have potential risks.
We all need to live with that, and you need to know that profit, gain of any kind love, kids its all depends from how much you are willing to risk.
1. If you don't risk you will not meet a girl, make love and have family.
2. If you didn't risk, you didn't buy bitcoins and you didn't earn money.
Topic: I did not understand something with the Bitcoin - page 4. (Read 3682 times)
If you intend to recieve bitcoin as a payment up to your work then you should know whats the risk on having bitcoin. You are hesitating about the price deflation of bitcoin hence you are recieving it as your salary better to keep those bitcoin and sav up more because it would be a really worth thing to do , as other members memntioned here bitcoins price is gradually increasing as the days goes by and those saved bitcoin of yours would really give you decent amounts of profits for long term.
I would love to receive some part of my earnings in bitcoin (at least till next few years) because of price volatility. Basically I am deep believer of this revolutionary technology and thus I can play a gamble to invest my funds as well as efforts for bitcoin and I won’t have any regret if bitcoin falls below $10 in next 5 years. There is always risk associated with something new, if you are ready to afford to lose great share then there are same chances of getting great returns.
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?
yes of course would be a loss not if there is such a thing, then I think bitcoin can not be a tool for someone's payroll. And if they do it to happen to me, of course I do not want to be paid with bitcoin. sometimes the old ways better with fiat money. Thank you 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?
That is a pretty big issue in bitcoin. the volatility of the price is the big reason why people dont go all in into bitcoin. But the volatility also brings profits to bitcoin traders and long term investors so it kind of balances out. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
Depends on how you run your life. If you have mortgages, loans and thousands of children then you'd have to sell as soon as you got paid. If your life is pretty lightweight and you believe in its future then maybe you want to take a bet on the future.
Basically, if you are a beginner in bitcoin there so many things that you cannot catch up so easily. But the very basic about this matter
is just monitor the price of Bitcoins if increasing or decreasing, if the price goes up that's the right for you to trade then when it goes down the price that's the right for you to wait and hold and then buy Bitcoins.
and it doesn't matter if the price of bitcoin decrease or pump we just need to watch the prices from time to time.is just monitor the price of Bitcoins if increasing or decreasing, if the price goes up that's the right for you to trade then when it goes down the price that's the right for you to wait and hold and then buy Bitcoins.
If we hold it we could have a nice investment in the future, it doesn't matter if it is going down the real thing is overall always going up.
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?
let me talk about my opinion,If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
yes its might will become problem if we paid with bitcoi,then bitcoin price keep decrease,or if we paid with bitcoin then bitcoin price increase,automaticly we paid with different amount at two time. but i think its not matter if we notice that bitcoin always fluctuate,its our choice to trade bitcoin into fiat or keep it as investment.
Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.
fiat money can't collapse the whole world uses it and its been used longer than bitcoin even the highest people use it so It shouldn't collapse if wealthy people use it they will make it last for a entire lifetime.Recently, some countries in Africa had this happen. Their entire economy collapsed, rendering their money worthless.
This just proves that even an entire nation's fiat money can collapse.
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?
If the price down when I receive the payment, well then I'll wait til the price rise up again. Simple, right?
This is indeed a risky choice to made, bu there is a possibility that you could earn more than you earned before if you choose Bitcoin.
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?
It still depends on you if you would like to receive payment in bitcoin or not. Price of bitcoin is volatile. If the price goes down, it also goes up. Bitcoin is also an investment so if you receive bitcoin, you can have it exchanged once the price goes up so you earn more.
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?
Same goes for employees around the world, they get paid in local currency and inflation eats up 10-20-30% of the purchasing power each year.. What do they do? Nothing, they just spend their money sooner than later. At least with bitcoin you can choose: keep the salary in bitcoin, exchange immediately the bitcoin salary to local currency, do 50/50.
I think the prices go down or up is a matter of course, if the price drops and I have had a bitcoin. there is no other way but to wait for the price to increase, or you sell it and you lose, but when prices are low you can buy as much as possible.
Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.
fiat money can't collapse the whole world uses it and its been used longer than bitcoin even the highest people use it so It shouldn't collapse if wealthy people use it they will make it last for a entire lifetime.Recently, some countries in Africa had this happen. Their entire economy collapsed, rendering their money worthless.
This just proves that even an entire nation's fiat money can collapse.
Nothing is 100% safe and everything has some risk,even fiat money system can collapse in a few years from now and the dollars you own will have zero value.
fiat money can't collapse the whole world uses it and its been used longer than bitcoin even the highest people use it so It shouldn't collapse if wealthy people use it they will make it last for a entire lifetime. 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?
Bitcoin's volatility has advantages and disadvantages.If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
As what you said, if bitcoin price decrease the time you've paid then it's a bad thing and that's the disadvantage of it but if the price of bitcoin increase, aren't you happy?
It's like a gamble but a good gamble because I am pretty sure that bitcoin will go up and up as time goes by just like gold.
this is always a problem, even when greater stability will be reached
now think about everything you bought with bitcoin, when bitcoin was 400? you did lost value out of it, when it went to 700+
but you should treat the value of bitcoin, in the moment you use, it not with the future value that will happen
now think about everything you bought with bitcoin, when bitcoin was 400? you did lost value out of it, when it went to 700+
but you should treat the value of bitcoin, in the moment you use, it not with the future value that will happen
Then my advice is: if you are worried about extreme fluctuation of BTC compared to standard FIAT currencies then don't try to build your income around bitcoin alone.
Don't convert your whole paycheck to BTC but instead use some other ratio of exchange which will suit your taste better (80/20, 60/40) and you will be 'safer' in case of sudden price drop.
Don't convert your whole paycheck to BTC but instead use some other ratio of exchange which will suit your taste better (80/20, 60/40) and you will be 'safer' in case of sudden price drop.
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 want to hold all of off my bitcoin until getting on market board bitcoin price is rising, it's better than I try to sell if the price gets decrease.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 unstable price of bitcoin it's not a big problem for me. but you can try my way.
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?
Take the loss and accept and know that BitCoin is Volatile. I get paid every Friday in bitcoin, and since last Friday, i'm down a bit, but that's the cost of me accepting to be paid in bitcoin in the first place. If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?
more people should do that though. the more people that treat bitcoin as a real currency, the more it'll be a real currency.
id say 90% of bitcoin users treat it as an investment... not a currency.
I'm just curious though as to how you do it, do you have a family, like people who depend on you financially? Do you pay bills/rent etc every month? I'm asking because I know I would be stressed out of my mind if I couldn't plan my budget because of Bitcoin volatility. Unless of course I'm making so much money that even if Bitcoin drops by half, I'm still okay.
If you live by yourself, it's not that big a deal but if you have kids to feed it's a different story.
should get involve much if you have kids to feed really. you just have to spend the money you can afford to lose.
those btc that you earn thru signature campaign would be worth trading or gambling but not the ones you earned with your 5-9 day job.
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