The risks of bitcoin conversion?

[Murppy]

Hi Mc-Market,

So i’m thinking of purchasing a large amount of bitcoin and exchanging it for paypal cash at a fee of around 10%

I see people on here trust paypal from only reputable members, why is this?

I thought accepting payments as family and friends is completely safe

And is there any other risks i should know before entering this market, all advice is appreciated!

 

[Ren]

People can chargeback when you send money on paypal as family and friends.

I'd prefer dealing with a reputable person on-site.

 

[Rawbie]

I lost $1,500 due to PayPal disputes related to currency conversion.

Only sell to reputable users, PayPal is risky as fuck.