BarbieCasino
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July 26, 2017, 02:09:56 PM |
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Here in my country Bitcoins can exchange into peso. In coins.ph bitcoin wallet so in case bitcoins is down I exchange it into btc and when bitcoins is up exchange it i into peso. so I also doing trading. in my 2 in 1 wallet.
the market price of the bitcoin is a bit low now a days but we cannot say it will remain the same for long time according to my suggestion the bitcoin is the best way to earn money and to increase your money so I think the price of the bitcoin will be more high after august first so it’s better to invest in bitcoin and make your future secure.
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roadbits
Legendary
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July 26, 2017, 02:46:35 PM |
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From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.
Is there a way? Any suggestions?
The fluctuation is normal with btc. It's best if you try to convert your btc into your currency, then if there a decline in price, you will be able to buy btc again. When its high, sell. When it's low, buy. In that case you wont lose but gain more.. Fluctuation in the prices is not a big issue if long term plans are in action. Loss and profit in business happen in any business roadmap. I think if one day the price of bitcoin come down so most probably it may increase next day. So, in business you will wait for a best occasion regarding profit. Yes the price fluctuation will not affect if you are looking for long term investment. And don't get panic to see the price fluctuation it is common in the crypto world. Once you decided to invest for long term just buy coins and save it in a safe place don't look for a couple of years. Means how many years you plan to wait. But you should check the price updates regularly it will help you how many years you want to wait to make a good profit.
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suvo05
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2017, 02:49:20 PM |
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Actually there does not have any way to fix the BTC price in your wallet. I don't know when you get paid the BTC, that you are talking about. The BTC price was all time high in 11th June, 2017 price was 3018$. If you got paid that day the then there is a possibility of maximum loss. Now today BTC price is about 2500$ and couple of days before it was about 2700$ . So it is still a very good price.
And you want to fix the amount that mean you need no profit or no loss from the coin. So I suggest you to convert it into USD( I mean Currency that you use ) and save it in your Bank . This may be the best option for you. Good Luck.
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Inkdatar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2017, 02:55:15 PM |
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Here in my country Bitcoins can exchange into peso. In coins.ph bitcoin wallet so in case bitcoins is down I exchange it into btc and when bitcoins is up exchange it i into peso. so I also doing trading. in my 2 in 1 wallet.
the market price of the bitcoin is a bit low now a days but we cannot say it will remain the same for long time according to my suggestion the bitcoin is the best way to earn money and to increase your money so I think the price of the bitcoin will be more high after august first so it’s better to invest in bitcoin and make your future secure. In bitcoin we cannot make sure not to lose value in btc. Somehow, you need to be observant the movement price in the market because bitcoin is volatile it has uptrend and downtrend which traders earn profit. I also used coins.ph here in my country I always check the bitcoin price I buy back when its downtrend and convert it to fiat currency when pump. So its best to check the price always so we can convert it and we cant lose.
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Skieleton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 01, 2017, 08:14:31 PM |
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You can change your bitcoin to the dollar first (if the price is high), and when the price is low you can go back to buy bitcoin, and sell it at a higher price
Exactly. We must constantly check the price and buy when there is a good opportunity. July 16 price of 1 BTC = 1800 USD. Now 2750 USD.
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posternat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 03, 2017, 05:21:50 PM |
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Here in my country Bitcoins can exchange into peso. In coins.ph bitcoin wallet so in case bitcoins is down I exchange it into btc and when bitcoins is up exchange it i into peso. so I also doing trading. in my 2 in 1 wallet.
the market price of the bitcoin is a bit low now a days but we cannot say it will remain the same for long time according to my suggestion the bitcoin is the best way to earn money and to increase your money so I think the price of the bitcoin will be more high after august first so it’s better to invest in bitcoin and make your future secure. In bitcoin we cannot make sure not to lose value in btc. Somehow, you need to be observant the movement price in the market because bitcoin is volatile it has uptrend and downtrend which traders earn profit. I also used coins.ph here in my country I always check the bitcoin price I buy back when its downtrend and convert it to fiat currency when pump. So its best to check the price always so we can convert it and we cant lose. Yes the best solution I can see is check your account where you put your money and the exchange site you use to convert it to fiat money so that you can manage your money every now and then. Then best is convert it to dollar or fiat from btc if the price rises. The key is to be active and see the trends in the crypto trading field.
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Rishabh riyz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 04:59:36 AM |
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I would suggest that if you are holding good amount of BTC , during the rise in value of BTC you should buy some assets or by other things like in game purchase [like skins cases keys etc:-] in form of investment , this would help you distributed your bitcoins and not let anyone take them all by hacking into your wallets the assets would not make you profit at the time of buying but would surely when you are selling them . when the value of BTC goes down by selling the assets you would get more bitcins !! see easy profit!! and you would not even lose 1 dollar you can also connect your BTC into fiat by placing them in exchange sites when the value is high
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mackenzied
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 05:02:13 AM |
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though bitcoin is so volatile it still gives higher return for investment its a matter but It's your choice whether you're afraid or not ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If you compare bitcoin with all the other virtual currencies, I'm sure it is the safest currency. It is very difficult for a bitcoin to lose value, besides, the profit generated from bitcoin is also huge.
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13abyknight
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 05:07:59 AM |
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From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.
Is there a way? Any suggestions?
It's really a hard call whenever you decide to buy anything with BTC. You would've bought your Bitcoins when it was at a particular price and by then, it would have varied positively or negatively in price (positive most of them times for longer terms) and this will have you confused if spending BTC to buy those things would be worth it or not. Ultimately, it would be your call and with the ever rising price of BTC, you're sure to never lose value on the longer runs.
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CrowdFunder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 05:08:16 AM |
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though bitcoin is so volatile it still gives higher return for investment its a matter but It's your choice whether you're afraid or not ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If you compare bitcoin with all the other virtual currencies, I'm sure it is the safest currency. It is very difficult for a bitcoin to lose value, besides, the profit generated from bitcoin is also huge. Well OP's question was about how to fix the value of bitcoin today since he gets paid in bitcoin. The reality is bitcoin falls just as often as it rises so there is no way for him to lock in his prices other than selling his bitcoin as soon as he gets paid.
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dunfida
Legendary
Offline
Activity: 3192
Merit: 1150
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August 05, 2017, 05:09:05 AM |
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From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.
Is there a way? Any suggestions?
If you didn't really like to see price fluctuations then you shouldnt engage to bitcoin on the very first place because its always been part of bitcoin its price volatility which means it does move and you bitcoin holding will really be always affected.If you don't like that then cash out or exchange your bitcoin into fiat and you will able to see your money is fixed already.
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Zemangat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 05:26:18 AM |
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I think you should save your bitcoin in your wallet. You will benefit from bitcoin fluctuations. If you keep it for a long time you will get your capital back. But if you turn it into fiat money .. then you will not profit from saving your fiat money.
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Skieleton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 05:32:54 AM |
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Just control the price every day. It takes a few minutes a day. Then you will be sure. You will not lose.
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Rahar02
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 05:39:50 AM |
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Bitcoin price always fluctuate and it is normal due to bitcoin is an object to get more profit, for now. Until we have bigger acceptance and steady demand because its usability, then we should get used to it. The idea to be paid with bitcoin is a complicated situation, just like Op have mentioned, while we keep bitcoin, there is no way to set certain price in order not to lose the value in $. Because we're on competition to buy and sell at the right time, sell bitcoin whenever you want at the peak, after bitcoin rise significantly - it will get corrected obviously.
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btcney
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 08:31:14 AM |
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From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.
Is there a way? Any suggestions?
If you are really concerned about bitcoin dropping, why not just convert your bitcoins into USd or whatever fiat you use in your country, as soon as you get the bitcoins you get paid from your freelancing activities? It's really as simple as that, you know. But that means that there is really no point of getting paid in bitcoin at all, you can literally get paid in paypal and avoid the transaciton fees and the conversion fees between two currencies, etc. Just hold onto your bitcoin man. You won't be scared of fluctuations after a while because you get used to it. Unless you absolutely need that fiat value to stay constant, then just hold your bitcoin instead. Bitcoin has actually been a lot more stable in recent days than in say 2013.
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ethereumhunter
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August 05, 2017, 08:32:28 AM |
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I think you should save your bitcoin in your wallet. You will benefit from bitcoin fluctuations. If you keep it for a long time you will get your capital back. But if you turn it into fiat money .. then you will not profit from saving your fiat money.
saving bitcoin for a long time maybe can be the answer as we don't use our bitcoin for anything. but i think you can prevent this by selling your bitcoin in high price when its increase and then you can buy bitcoin again if its down. only sell the amount that you think you can return your bas buy price and plus make profit and keep the rest of your bitcoin for a long time.
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Sowik
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 08:32:34 AM |
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You can exchage it to USDT and then exchange back to BTC only when you need to.
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UCHCHILD
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 08:44:00 AM |
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Actually it is hard to figure out since having bitcoin is taking your dollars into a risk, a risk where in when you put your money into it the assurance on getting back of your money is just 50% in my own opinion because when cannot figure out if the coin value will rise up or just get lower and lower but the suggestion I can give is a technique on not to lose your investing money, like other stated if the price of the coin gets higher, sell your coin not less than to the money that you invested then when it goes down buy again, the do sell and buy, like a cycle as long as you are earning.
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illinest
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August 05, 2017, 08:46:15 AM |
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You can exchage it to USDT and then exchange back to BTC only when you need to.
This isn't a safe solution. Read the terms of Tether. Legally, it's not redeemable for anything, let alone cash. It's supposed to be redeemable at 1:1, and in the past that has been the case, but they are not obligated by their terms to do that. Be very careful. Also, Tether is owned by Bitfinex's parent company, which means they can't even process USD deposits/withdrawals anymore...
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illyiller
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 05, 2017, 08:52:13 AM |
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From time to time, I get paid in BTC for my freelancing services. Sometimes, I don't exchange it to real cash and let BTC sit in the wallet. But lately there has been A LOT of fluctuation in BTC price so if I have, let's say, $2000 today, tomorrow I might have half of it. I don't like that kind of a situation. So is there any way to make sure that your BTC gets fixed? Like, somehow fix the BTC price in your wallet. So no matter if actual BTC price rises or falls, you still have the same value that you have today. I think I might be interested in keeping some of my savings in BTC (away from banks) if I can somehow find a way to fix the value that I have today.
Is there a way? Any suggestions?
If you didn't really like to see price fluctuations then you shouldnt engage to bitcoin on the very first place because its always been part of bitcoin its price volatility which means it does move and you bitcoin holding will really be always affected.If you don't like that then cash out or exchange your bitcoin into fiat and you will able to see your money is fixed already. Unfortunately, I understand where the OP is coming from all too well. And it's the reason that I've lost a good deal of profits over the years in exchange hacks, exit scams and seizures. On one hand, you understand the purchasing power of your bitcoin profits, and you want to retain that. On the other hand, you want to quickly be able to buy back into bitcoin once the trend reverses. There are no decentralized methods to do this with fiat money, so we traders need to maintain some level of risk exposure to exchanges.
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