Post
Topic
Board Altcoin Discussion
Re: Would you sell your Bitcoin 10% over the current market rate?
by
Nanoid
on 27/03/2018, 12:53:21 UTC
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
Nope. 10%  is so small to b converted in fiat. You also need to consider the fee since it is paypal. Since bitcoin is good for long term investment, it is not a good idea to convert your Bitcoin into fiat because it will not appreciate overtime.

What if the Paypal fee is covered as well? So you would get 10% pure profit?