Post
Topic
Board Bitcoin Discussion
Re: Getting paid in Bitcoin vs getting paid in Fiat
by
ene1980
on 01/08/2021, 23:50:04 UTC
Maybe if living in El Salvador we will get salary in bitcoin because bitcoin adoption is legal there, my country has not legalized bitcoin so I have to convert some of my salary in bitcoin for long term investment.
Converting your salary to Bitcoin is one thing and getting your salary in Bitcoin is a bit risky aspect simply because of the high volatility of the market, last few days the price of Bitcoin was around $30k and i would have initiated a payment in Bitcoin because i knew we had a good support at that price range but now the price has hit the resistance of $40k i will not want my salary in Bitcoin at this price, i would rather invest according to my choice and that is the best thing you can do.