I'm considering to possibly add Bitcoin and other altcoins as a way to pay for goods purchased on my online store.
Is this a good idea? Are there any risks (other than the volatility)?
Is anyone really going to use this?
I'm afraid that my customers may not be much into cryptos, but I guess that it's hard to tell until you try ...
I also have some doubts on the technical side.
Thoughts?
Thanks in advance
Don't do that, the price of bitcoin is not stable which is no assurance of profit. Also, in every transaction their is a fee, the customer did not want to buy stuff with additional charge.
Well, you are now happy because of big pump of bitcoin price but for sure if the price goes down you avoiding the bitcoin.
Much better to use fiat or card payment for the stable price of your business and if you want to hold bitcoin, then buy it in low price and hold until the price become expensive for another profit.