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/biz/ - Business & Finance

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5120025 No.5120025 [Reply] [Original]

I am up in fiat but fucking wrecked in sats. Should i not give of fuck about sats and just measure in fiat when taking profits or am I being a dumb nigger?

>> No.5120076

>he measures things in internet funny money.

>> No.5120082

you should accept that you fucked up and try harder maggot

>> No.5120084

A few months ago I measured my success in sats, just too hard to do that right now. As long as my fiat numbers are rising then I am happy

>> No.5120114

>>5120025
Just be 80% in BTC and don't get totally raped in sats

>> No.5120121

>>5120025
as long as you are in fiat during the crash, you will be able to recover your lost sats

>> No.5120135

>>5120082
only reason i'm down in sats is of that fucking run BTC had that crashed the alts. It feels like my alts will never catch up to the satoshi value they were. Should I just cut the losses and start trading in fiat value?

>> No.5120245

BTC will go up indefinitely until the bubble pops or the market cap is so large that volatility inherently decreases.

The $ value of alts will remain stable but their Satoshi value will always decrease as it's an inverse relationship with BTC.

If you care about Satoshi value then you should only hold BTC and your only concern should be acquiring more BTC. If you care about fiat value then it doesn't matter what the sat value is of alts because your goal is to cash out $$.

>> No.5120339

>>5120245
sounds like i fucked up getting into trading. I have doubled my money but have been wanting to gain more btc. god damn it

>> No.5120389

>>5120245
You shouldn't care about fiat value UNLESS the coin itself has a fiat trading pair. That way you are protected in price if BTC changes dramatically, like ETH.

Sats is the only thing important if you're looking for 2-10x gains.

Otherwise BTC's value is just beating your ass. Literally the market is outperforming you.