Think Before You Sell Your Bitcoin By Robert Hall The price of bitcoin, as measured against government-enforced paper money, has been better. However, almost every currency in the world is becoming more unstable and weakening against the dollar, which is inflating as well. Economic turmoil is all around the world and, naturally, people are searching for the best asset to maintain their purchasing power. For those HODLing bitcoin, current market conditions could make them think about selling it for U.S. dollars, at least for a short term, quick profit while the turbulence continues. But, is it a good idea? Before doing so, ask yourself: What am I getting in return? No one knows how long the U.S. dollar can continue to be the world's reserve currency, but one thing is for sure: The dollar's days are numbered. |