Suppose I am doing business through an online Facebook page and website and want to accept Bitcoin. But now if I look at cryptocurrencies it comes with high volatility, and I have doubts whether accepting Bitcoin will be profitable for my business.
I really want to know your opinion on this and what are the initial steps I should take if I adopt cryptocurrency for my business? Because I see many people on the forum are taking steps to accept Bitcoin for businesses and that's why these questions araised in my mind.
I think it will only benefit without harm because by adding payment options, your business will attract more customers. If you are afraid of bitcoin volatility, you can add an option with a stable coin, I think people will be willing to spend a more stable coin than bitcoin. Since people are trying to keep their bitcoins instead of spending them, accepting bitcoin payments won't be any more efficient than stablecoins, IMO.