Post
Topic
Board Bitcoin Discussion
Re: How do I make sure to not lose $ value in BTC?
by
Herbert2020
on 25/07/2017, 03:55:51 UTC
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.
this means you are accepting the risks and have so far been earning a lot of profit.
lets say you started doing this only for the past 6 months. and that means if you got paid $2000 in January now you have $5500 because of the profit you gained from this past 6 months for just letting the coins stay in your wallet!!!

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But lately there has been A LOT of fluctuation in BTC price so if I have,
it is not for "lately".
bitcoin has always been volatile.

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let's say, $2000 today, tomorrow I might have half of it.
so far bitcoin has NEVER lost 50% in one day.

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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?
yes sell it for cash and hide the cash under your bed. that way your bitcoin value will stay the same in USD forever Grin