Personally if I were to be paid in btc in my field of work would cash it out and leave a decent amount btc as an investment. I would love to hold majority in bitcoins, but my country is quite far from adopting bitcoin, so I could only spend it online as of now.If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I would honestly do it this way if I was being paid good. But I would diversify also on other altcoins though.Getting paid in BTC is tough for most people right now, but it will get easier. Revisit this thread in 5 years
The main problem right now is that the vast majority of retailers and service providers only take fiat, so until there's a quick way to convert BTC to fiat at the point-of-sale (and there are several promising startups working on it) you'll have to manage both BTC and fiat bank accounts.
For me, if I got paid in BTC, I would try to keep as much in BTC as I possibly could and only convert what I needed to pay my bills. My outlook for BTC is that it can only go up.
Keep in mind that this can't happen too soon. Here in Canada the federal government recently stopped giving out tax refunds as cashable cheques, and now require having your bank account details on file so they can automatically deposit any refunds. It's no small mental leap from that to the government HARVESTING fiat from bank accounts in a time of economic crisis. It's naive to think it can't happen where you are. The tools to do so are being put in place daily.
BTC is the way out from under governments which become tyrannical and desperate. Keep as much as you can, and if you can't keep the keys yourself, keep them with a third party that isn't in your country's jurisdiction.
I really do not see it happening but it depends on who you talk to, some people are 100% convinced that on August 1st the UASF will kick in. They even have their own little hats made up, how cute is that. I am guessing you should be able to purchase one soon in the collectables sections of Ebay right next to the Onecoin memorabiliawhat will be happened?I would advice you to wait 1st August... Everyone predict crazy increase of BTC
I used alot of bitcoins when it was around 600. I knew it was going up, but the thing is I didn't expect it to rise THAT fast. Ohwell.It depends on your situation. I sometimes sell a portion of my Bitcoin earnings, and hold the rest. I have plenty of regrets about selling. I probably sold 50 BTC between $300-600.
wtf, I just ask...WTF? oh just a farmed account? Just as the 2 accounts posting before you here.what will be happened?I would advice you to wait 1st August... Everyone predict crazy increase of BTC
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