If you don't like the erratic nature of Bitcoin against fiat currencies, take a look at trading BTC with LTC, the movements are a lot smaller.
If you're asking how do you keep $1000 = $1000 you just keep it as dollars.
Though I suspect what you are looking for is a way to profit from the meteoric rises without being exposed to the falls then msg me when you've worked it out
If you're asking how do you keep $1000 = $1000 you just keep it as dollars.
Though I suspect what you are looking for is a way to profit from the meteoric rises without being exposed to the falls then msg me when you've worked it out
hey pete
i am just wondering how one could stay completely hedged at all times. I would think a currency has to be stable to be adopted. i think at some point in the future this will be done when more exchanges open. there needs to be a way to immediately hedge the coin so when the person/business goes to cash out they have the same amount of money. no more or less. any ideas??
You would virtually always have less as you'd be paying a premium to your counterparty for them to take on the risk of fluctuating prices.