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3021845 No.3021845 [Reply] [Original]

Daily reminder to make sure you trade on BTC value and not Fiat value.
Take for example Litecoin, I mined 20 I. 2014 and missed the first pump and it dropped down to a pittance. I traded it out when it was $39 thinking it was going to do the same thing, but looking at the BTC price, seems I may have made a decent trade. Yes I could have gotten more, but you can't time the market, so they say.

>> No.3021847
File: 17 KB, 1820x167, 08_11_2017_0.01329344_BTC_LTC_Litecoin000080.png [View same] [iqdb] [saucenao] [google]
3021847

Here is where I made, quite literally, 100% profit

>> No.3021906

>>3021845
You're fucking dumb. What are you actually going to do with bitcoin? You can't buy a house, you can't buy a car, it's useless for now. It doesn't matter how much you're making compared to others. All that matters is how much you're really making. Always compare against your countries own, spendable currency.

>> No.3021930

>>3021906
You're the moron. I sold LTC when it was "$39," but if you look now, I sold when it was worth more in BTC. Now it may be $47, but the BTC value is LESS than when I sold it.

>> No.3021938

>>3021906
>you cant buy a house, you can't buy a car
uh, yes you fucking can, retard

>> No.3022100

>>3021906
bitcoin price isnt tied closely with any nations currency, and ltc and other alts have no relationship whatever. also you can buy anything with bitcoin. get rekt.

>> No.3022128
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3022128

>>3021930
>>3021938
>>3022100
>Missing the point this hard
The cryptos you own are only ever worth as much as they are in your country's currency.

>> No.3022139

>>3022128
>gets called out for being a fucking retard
>"no u"

>> No.3022151

>>3022139
Literally what everyone was doing to me. Now refute my points, dumbass.

>> No.3022253
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3022253

>>3021906

>> No.3022490

>>3022128
Yeah, and I'm saying that the value changes. I sold my LTC when it was $39, but today that amount of LTC is worth $58. I'm not saying anything about value you fucking mong, I'm saying TRADE in BTC.

>> No.3022520

>>3022490
That is fair, I was pretty mongy.