Bitcoin Forum

Hello!

I'm very interested how do you fix crypto income. I know that there are some crypto exchanges where you have a crypto-fiat pair but they are small with high fees. I prefer to fix my bitcoin and altcoin income in something stable. As for fiat pairs - no exchanges, for some tokens like Tether or True USD or Havven they look like a scam. However, i like to trade on Binance, so i use Tether as a stable coin but i suggest it is too risky because Tether made a lot of suspicious transactions.

I'd like to know what are you using? Can you give me some advices?
Thanks!

P.S. I mean i dont want to went out to fiat. I'd like to trade but when i want to close my deal and sell the BTC i don't want to go to fiat because it is too expensive.I'll continue my trade in a while, so need not fiat

Probably exchange your crypto for your country's local currency instead. This depends on what your country is though. If Coinbase supports your country[1], then that MIGHT be your best bet. At least I would probably trust Coinbase more than USDT as I personally don't trust USDT too.

---

[1] https://support.coinbase.com/customer/en/portal/articles/1392031-what-countries-are-buys-and-sells-available-in-

I like to trade in Binance, so I use Tether as a stable coin but I suggest it is too risky because Tether makes a lot of suspicious transactions.

Unfortunately, coinbase doesnt support my country, so i have a choice between high fees to cash out or take this insane risk for USDT

Well, if you mean that you are willing to keep the value of your income stable then I do believe that Fiat is the best option to avoid the crypto volatility risk. I generally try to spend my 50% of funds as I believe that the movement is a growth and hence we should give first preference to use cryptocurrencies in as it is form. On the other hand, bearing the risk of market volatility is always better than parking funds anywhere in any insecure coin.

I mean i buy bitcoins hold them and when i want to go out i need something where i can store my money till next good point for purchase. Cash out and cash in again is very expensive

How about Abra[1]? They're definitely not as big as Coinbase, but I've used their service multiple times with no problem. Might want to try it out if it supports your country[2].

---

[1] https://www.abra.com/
[2] https://www.abra.com/where-is-abra-available/

Any altcoin has its downsides, most of which are volatility in value, altcoin such as USDT does not guarantee when they are speculated.

How about Abra[1]? They're definitely not as big as Coinbase, but I've used their service multiple times with no problem. Might want to try it out if it supports your country[2].

---

[1] https://www.abra.com/
[2] https://www.abra.com/where-is-abra-available/
[/quote]



Thank you! I'll check it

To be honest with you, it is unfortunate to fix your income in crypto. This is not a regular basis but this is all about unexpected basis whether it is lose or win.

Good point, thanks!

it's a hard question. It's really not fix, you have to join a lot of campaignes and bounties if that's what you want. And you have to have mutiple accounts on bitcointalk.org also to be able to do multiple campaignes at a time.

In my opinion you can follow various bounty campaign programs available in bounty because there are various tokens and you just wait for the market if price high you can sell and exchange with your country's currency

well that is a dream of everyone but to be honest it is very unfortunate but true that it is not possible for cryptocurrency market to fixes the income, you have to deal with the unstable market if you want to trade here

Coinbase is one of the best platform to exchange crypto I hope. And if it’s support your country that should be big deal for you. I wish it will support.

I also so temporarily fix the income. Tether is not a fraudulent coin, so do not worry so much. If you do not keep your money in the USDT for a long time, then your money will not be lost anywhere.

If bitcoin is legal in your country than you can easily exchange bitcoin for your local fiat and you can even keep that fiat in the platform as most of those local exchanges are registered legal entity with some insurance so they have to pay their customers back if they will get hacked.

Also TUSD (true USD) seem better alternative of Tether if you are concerned about Tether manipulation.

i say it depends on how long you want to go back to fiat, for example as a trader if i notice a drop and i see that i am in its early stages not its end/bottom, i would want to sell my bitcoins but stay alert to jump back in as soon as that drop ended or as soon as i saw the bottom of that dip in sight.

this means i would go to fiat for a small period of time and also it means i want my money ready to go back in. in other words i don't withdraw, in which case it doesn't matter if you choose fiat because that "expensive" that you are talking about is only true when you are making a fiat withdrawal.

although this is risky since you keep funds on exchanges but as a trader you have to do this otherwise you miss chances to buy/sell at best rates.

At the current price of BTC can be very suitable to buy and hold at this time. But it's important to focus on your strategies and plans before you start making deals, and you'll probably miss out on the best buy and sell opportunities.

There are alternatives to USDT — Dai, TUSD, Nubits.

And to convert crypto to your local currency you can use localbitcoins.

From my point of view I liketo trade on binance or coinbase. I suggest everyone that please not to use suspicious tranaction.

Personally I use Kraken, Kucoin and local bitcoin for my trades. As far as I can work out there is no way to fix your income from crypto, you could not depend on a steady income though from it, probably best to go fiat for base income and crypto for profit then change it to fiat and then invest in unit trusts or similar. 

You will have to use a local exchange (one in your country) for this. It will save you all the fees for transferring from one exchange to another.

If there is no crypto to fiat wallet service in your country then I am pretty sure localbitcoins is your best shot. This is because you will be trading with your local peers for your money and thus you can increase the odds of having good deal by speaking with them personally. Who knows you may end up with higher rate deal as compared to the international market if someone is really in need of buying BTC at that rate. So try to explore more options like this and dont let your trade fall for higher prices than what is affordable to you. Also, you can always trade bitcoin on this forum by asking for offers in auction section or services section.

There is a new stable currency called true usd, you might want to have a look at that one. You should be able to redeem your tokens for usd in case you decide to do that

Now not profitable to fix the damage as all hell ! I'm shopping personally now )

bitcoin is a coin-operated code. This will enable you to earn a lot of income. Most people have already earned a big income. If you want to make a fortune, you will invest in bitcoin for a long time. You can get a great revenue by investing in bitcoin. Get great progress in selling it when you increase the value of the bitcoin. When bitcoin increases, you become a successful person.

Personally, I make a profit only in Ethereum and bitcoin. Since I think that in the future I will find where to apply this cryptocurrency. I think the era of Fiat currency will be over soon.   ::)

making fixed income on bitcoin will be very difficult to do, especially for situations that cannot be predicted like this. well, but I think it would be very good if you use bitcoin to get side income.

Is it just me or this is just the same?

To avoid volatility for me, the best I do is to exchange is with my local fiat currency. I don't trust any crypto for stable prices because they all depends on bitcoin. If bitcoin is down they all are down and vice versa.

I hope coinbase is the best platform to exchange crypto.i will support.i think it would be very good if you use bitcoin to get side bitcoin.

Yes, that is true. Because bitcoin is a good coin. And is an important and important coin in the world. It is today's success. Because, in 2016, bitcoin will cost about $ 1,000. You never thought bitcoin would cost $ 20000. So I'm saying bitcoin has dropped in the market today. Therefore, invest in bitcoin. You can get a great profit the previous year or next year. Today's situation makes bitcoin strong.

I prefer to exchange crypto with bitcoin because the price promises profit in the future but I also use local exchange when I want to exchange it for paper money and if I don't need it then I will save it to bitcoin where you are

Nothing fix income in cryptocurrency because of high volatility  up and down the price
In terms of transaction fees yes correct is too high converting into fiat money
If i include all fees Every i transfer the coins into another wallet going to my local wallet i use to convert into fiat i lose huge of income because of high transaction withdrawal

I also like binance and that's what I do for daily trading. many people need stable coins because they are afraid of very fast value fluctuations, but for me this is actually beneficial, nano coins every day have a percentage of decline and increase of -25% to 25% and I like to steal margins there

why do not you try not to beat Bittrex? there is a dollar, but you do not withdraw money from the exchange

You raised a good topic. Indeed, there is a problem in many countries, the exchange for the national currency bitcoin or Ethereum. Personally, I do not have such a problem, because I transfer all bitcoins and then exchange them through other people for national money. and this is a problem.

It's true that if we trade directly to Fiat it will feel very expensive. The cost that we have to pay is very expensive if we go directly to Fiat.
I have never traded directly to Fiat, I prefer to find ways to trade at a lower cost.
the way I do is to exchange crypto for a cheap fee, then look for a market that has a low cost, after everything has been done, we return it by switching to fiat.
that way I think it will be cheaper to fee.

we can see that we can create profit from bitcoin, and we can see that in bitcoin investment or trading we can get more profit, but we can't depend my main income from bitcoin because it will very dangerous, if something happen with bitcoin and cryptocurrencies we don't have any backup plan

Why do you need to invest 100% of the capital in the crypto currency?  Spare plan- do not invest the whole amount in bitcoin!!

I do not think you can considered bitcoin as your fixed income. This crypto world isn't stable. Trading, bounties, signature campaigns or even ico investments do not guaantee that it can be a fixe income. You can make this as your part time job. This is some kind of investment that would not make sure to give you stable earnings.

If you want to cash out for a period of time but want to avoid stable coins then you should look for sites that allow you to trade in fiat to crypto. You will likely only be able to do this with the most common of coins such as bitcoin, ethereum, ripple etc.

After reading your description and experience, I think a little that the risks in exchange are a little unpleasant. Why do you think that Tether (USDT) looks like fraud? I would advise you to join a bounty campaign, to avoid a high level of risk of loss.

For stability, I use local exchange that make it possible for me to convert my BTC into FIAT and allow me to wait before entering back into the market. USDT, Havven, Corion and the likes may loose their $1 value at any time causing a great loss ones investment.