Quote:
Originally Posted by tony286
In all seriousness, no matter all you hear about the dollar this and the dollar that. Its a very solid currency. If you have a grand in your account, you have a grand in your account. Not well you had a grand now you got $500.
If you want to do it, you should try it and look at it as a wash. So you make some money great, it crashes and burns its oh well.
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I am not a gambling man. If I were to ever use bitcoins as a payment option for a site membership, I would never hold any bitcoins in reserve.
A person pays $10 to $20 in bitcoins, and as soon as humanly possible, I would want that money wired into my account.
I think coinbase pays out once daily (but I could be wrong). There is always the chance that the exchange goes up or down a bit before you get paid, and that is a risk, but if you cash out on a daily basis the risk is relatively low. Even if the currency crashes 100% the most you would lose is one day of bitcoin join sales, so no big deal.
I would not trade or horde bitcoins however, as again, I am not a gambling man.