Post
Topic
Board Beginners & Help
Re: Profit or No profit?
by
joebrook
on 18/12/2017, 18:42:46 UTC
Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
Bitcoin even though the value is high is useless until it is cashed out for fiat in the process and for you to profit with bitcoins after buying, the value has to rise so that we can make some profit, when that doesn't you are just not profiting at all.