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/biz/ - Business & Finance


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6690567 No.6690567 [Reply] [Original]

I have a brainlet questing about day trading.

Assuming I'm wanting to sell at the top then buy low... don't alt coins fluctuate with the price of BTC? So if I sell at 1200 sats then rebuy at 900 sats assuming the price of BTC dipped as well, how am I even gaining anything?

>> No.6690765

My primary goal is to accumulate as much ETH as possible. So I don't even look at an coin's value against the dollar, I look at ETH ratio. I trade to increase my stack, confident that ETH's value will continue to rise. Just need to watch out for when the big boys go on a moonshot, because that usually causes a coin's ratio against ETH or BTC to drop. Best of luck anon

>> No.6691485

>>6690567
Kek brainlet