Re: If you can get paid through cryptocurrency, do you still choose fiat currency?
As a trader, I still choose fiat currency If you can get paid through cryptocurrency. Because of the acceptance through traditional money I will be able to purchase cryptocurrency from the convenient stage through my saved money market analysis. In my opinion, this will make it possible to make more profit and increase the number of total assets. Due to the volatility of cryptocurrency prices, it seems more reasonable to accept traditional money if you have the skills and experience to invest it at the right time.
I hear you and people will always say this about crypto trading and of cause if you do know how to trade and can get in and out at the right time. I do also like what @nicecrypto is highlighted here
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Bitwage is a platform that converts wages into cryptocurrency. Bitwage founder Jonathan Chester said: “A lot of people now want to earn part or all of their wages through Bitcoin.” The company has made contributions in the United States, Europe, Latin America and Asia this year. 20,000 employees. Some users processed $30 million in salaries, including employees from Google, Facebook, General Electric, Philips, the United Nations, and the U.S. Navy. Many of these employees have signed up for this service themselves.
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like.
Do you think cryptocurrency payment will be a new trend in the future?
People can just use that form of crypto investment as a means of monthly cryptocurrency accumulation which I think is a good way to monthly DCA or whichever pattern your salary comes in.