/biz/ - Business & Finance

>>8347830

>>7624168
been working on it, stocks and crytpos for now. Want to move on to forex when I'm good.

what I'm having a hard time wrapping my head around is figuring out when I'm losing money comparative to BTC moving up. Maybe someone can help me out?

for example, if I sold 60 coins at 1200 sats. Then re-bought that ~125 coins at 550, then sold it again at 750, then re bought at 695, for a total of about 150 coins. its obvious that's some pretty good bear action.

but then it gets confusing when BTC starts to make significant moves up. Because when coin at 695 sats and btc is 7k, that coin is worth .07c

but then BTC goes up in dollar value but my coin goes down in sat value. so that coin now at 550 sats, and BTC at 10k, is still worth .07c.

so like... did I actually just make money or did I just go through some convoluted money losing treadmill ?

>>6477177
>all blockchain apps must be a super special anarchy coin or they are worthless, satoshis vision mannnnn