Post
Topic
Board Beginners & Help
Re: Please explain this to a total newbie
by
hardup
on 04/05/2013, 23:23:08 UTC
A company outside the U.S. owes me money. They want to send it to me with Bitcoin. It appears to me the value of a bitcoin varies greatly from one day, or sometimes one hour, to the next. My question is, if the company pays me in bitcoins what happens if the value drops significantly before I can sell them and convert them to cash? Also, where is a trusted place to sell bitcoins?

Thank You


I would Take the Bitcoins. In my opinion that's better than losing half the fiat money due to conversion fees or wire fees.
But do what feels best for you!