redsun114
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June 23, 2016, 12:17:39 PM |
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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. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and it doesn't matter if the price of bitcoin decrease or pump we just need to watch the prices from time to time. 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.
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gentlemand
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Welt Am Draht
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June 23, 2016, 12:22:15 PM |
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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.
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Hugroll
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November 05, 2016, 01:37:03 AM |
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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.
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Dudeperfect
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November 05, 2016, 04:28:32 AM |
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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.
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milewilda
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November 05, 2016, 05:31:19 AM |
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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.
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Barbut
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November 05, 2016, 07:40:42 AM |
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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.
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coynedterm
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November 05, 2016, 07:53:38 AM |
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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 . 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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noictib
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November 05, 2016, 08:25:22 AM |
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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 ).
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Harlot
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November 05, 2016, 08:54:00 AM |
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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.
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tee-rex
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November 05, 2016, 09:30:29 AM |
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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?
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.
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Techie5879
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Back from the Dead!
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November 05, 2016, 10:24:08 AM |
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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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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btvGainer
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November 05, 2016, 11:05:09 AM |
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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
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ekoice
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November 05, 2016, 11:23:18 AM |
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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.
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kryptqnick
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November 05, 2016, 11:41:05 AM |
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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.
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Zadicar
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November 05, 2016, 12:51:11 PM |
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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.
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rohmanbagol
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November 05, 2016, 01:47:06 PM |
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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 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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MONKEYJUNK
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November 05, 2016, 03:24:56 PM |
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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.
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Boss CJ
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November 05, 2016, 04:13:04 PM |
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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. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) They are right. Don't en cash it until the price increases. It is just like investing money on market don't ever get your money when the market fluctuates and vice versa. You have to know the trend in terms of investment. It is kinda same.
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SamMurphy
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Bitcoin unionhead who's neglecting fiat :)
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November 05, 2016, 04:18:14 PM |
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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. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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requester
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November 05, 2016, 04:37:41 PM |
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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.
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