Ben Justman🍷
· 36w
I have to sell Bitcoin to buy 10k lbs of grapes next month. This dip feels like a short/medium term inflection point for the next several months.
What should I do?
A) Sell "all" now - expect bigger ...
If you sell your wine for BTC but your suppliers take fiat only (or price their grapes in USD) you are taking a ton of FX risk. You should sell enough BTC to cover the cost as soon as you get paid, or use futures.
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