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/biz/ - Business & Finance

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5006876 No.5006876 [Reply] [Original]

Brainlet here, what does it mean if you lose value in Sats but gain in USD? You're technically losing right? Why does a coin gain in Fiat but lose in Sats?

Please respond.

>> No.5006926

>>5006876
>You're technically losing right? Why does a coin gain in Fiat but lose in Sats?
You are not losing, you are not just gaining as much as you could. People who gain in sats assume BTC doesn't fluctate.

>> No.5006933
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5006933

>> No.5006948

Oh god the amount of newfag normies coming in lately...

1 btc = 100,000,000 sats
1 btc = x USD
1 altcoin = y sats

You do the maths

>> No.5006957

>>5006876
If you are up in $ but down in sats you made a good trade, but not the best possible trade. That is all.

>> No.5006979

If your coin has no fiat trading pair, you are LOSING, dumbfuck. You take a position based on your outlook of the coin you trade for relative to what you trade for it! Fucking brainlets.
>uhh duhhh i trade my BTC for this alt
>what it mean if my BTC go down??
>I make money because BTC went up so it ok!
now I understand the drooling retard wojak meme

you fucking idiots

>> No.5006988
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5006988

>>5006876
Don't worry it'll all be daijoubu.

>> No.5007006

You are better off just holding btc, and are underperforming the market. So you are "losing".

>> No.5007141
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5007141

>>5006979
>>5006957