Post
Topic
Board Bitcoin Discussion
Re: Accepting Bitcoin for sales in a volatile market.
by
Anna138
on 28/08/2020, 22:02:28 UTC
I'm going to revive my domain name sales business, and I want to offer Bitcoin as the primary payment method. The problem is pricing in a volatile market. I believe that Bitcoin is going through a correction at the moment
Either you have cushion of funds to not be afraid of volatility of Bitcoin or you convert immediately.
This way you take risk only if you are able to or you don't.
So this is not something to be afraid of.

I think if you are afraid of losing money, it is better not to deal with cryptocurrencies at all, because trading is almost always associated with losses of serious amounts. If you want to make good money, then be prepared to lose more. Experience is not earned just like that - only through difficulties, pain and loss.