Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[AudraMiller]

Cryptocurrency has become increasingly popular and as a result many people are starting to venture into accepting cryptocurrency as a form of payment for their goods and services. However for a new business the risk is extremely high considering the fact that cryptocurrency prices are quite volatile. In order to accept cryptocurrency it should be with a good cryptocurrency that is surely going to increase in price with time or alternatively you can accept stable coins. Which cryptocurrency do you think is safe for a new business to accept without having to include too much risk?

 

[Wisdom01]

The higher your investment, the higher the risk you run, $10 is not the same as $1,000 and this is not equal to $10,000, the losses will fluctuate according to your investment, but it is a risk that you have to take if you want to benefit from it. active, otherwise $10 won't make any change in your life

yes exactly most times its actually the higher your investment the higher your risks and others ,I think it's the reason many must place concerning on taking minimal risk in their business pursuit and plan

 

[IB DD]

I think a new business looking to adopt cryptocurrency as a means of payment would have loved to adopt bitcoin but the cost of transaction fees with bitcoin doesn't make it a good option. LTC and BCH with very low transaction fees would be better. But USDT would be ideal since it is stable and won't dip.

 

[Bolajimi]

Cryptocurrency has become increasingly popular and as a result many people are starting to venture into accepting cryptocurrency as a form of payment for their goods and services. However for a new business the risk is extremely high considering the fact that cryptocurrency prices are quite volatile. In order to accept cryptocurrency it should be with a good cryptocurrency that is surely going to increase in price with time or alternatively you can accept stable coins. Which cryptocurrency do you think is safe for a new business to accept without having to include too much risk?

I actually thibk it is better to accept BCH and I said that because of the transaction fees. The fees are very low compared to other ones like Botcoin so this is still manageable. I have been using it for years

 

[Japhnet]

There is no one-size-fits-all answer to this question, as the best cryptocurrency for a new business to accept will vary depending on a number of factors. For example, some of the most popular and well-known cryptocurrencies, such as Bitcoin and Ethereum, may be good options for a new business because they have a large user base and are widely accepted.

 

[Flower]

Bitcoin could be a choice for so many new business because of its popularity and that is why so many businesses have accepted it as a form of payment for its product and services.

 

[Lens_]

Ethereum is a very wonderful cryptocurrency that has gain popularity over time because of its smart contract capabilities and it also accept the decentralized applications on its platform and that is why it could be a good option for new business.

 

[Flower]

Litecoin would offer a very fast transaction and that is why people prefer to use it especially businesses . Another interesting thing about litecoin is that it has a lower transaction fee as well.

 

[Lens_]

It is important to note that Ripple provides a very fast and low cost cross border transactions and that is why if you want to do international business or you have international customers to make payment, ripple would be the best option for payment.

 

[Flower]

Bitcoin cash is one of the cryptocurrency that would allow you to carry out more transaction per block and it's a fast means of making payment as well. I know very well that most of the platforms use bitcoin cash as payment for their members.

 

[Lens_]

Stablecoin like usdc or tether is a very good cryptocurrency to consider because it is pegged to the fiat currency and due to the fact that it offers stability and it would help minimize the volatility risk that is associated with cryptocurrency.

 

[Lens_]

Cardamo is known for its scalability and it has a sustainable blockchain platform and that is why its security is top notch and it could be the choice of businesses that needs cryptocurrency that is evolving.

 

[Flower]

It is interesting to note that Polkadot is also gaining traction for its scalability features and this is what is going to make it suitable for businesses that are looking to explore versatile cryptocurrency payment.

 

[Lens_]

Chain link provides a decentralized services and that is why it could be the choice of businesses that are looking for smart contract features and it offers innovative possibilities for different kinds of payment solution.

 

[Flower]

Stella lumens offers a very fast and low cost transaction and that is why it's a very practical choice for so many businesses that are seeking for efficient cross border payment solutions for their businesses.