Quote from: dunfida on August 05, 2017, 05:09:05 AM

Quote from: JB0011 on July 23, 2017, 08:29:37 PM

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.