Hi folks, I have a question for the traders.
Suppose you want to achieve a certain profit percentage in USD each month (at least 25% ROI).
How do you handle fluctuations in BTC value?
For example:
- you open a position in EOS at 0.0016 sats
- you think you can get on average 5% sats increase per day = 0.00008 sats (and open sell positions at the increase of sats)
- so per month its like 0.0004 sats = 25%
- however, BTC values fluctuate; so 0.0004 sats could be $3 today, but if BTC drops on average 7% per month (hypothetically), it's actually worth $2.79.
- would it make sense to adjust the target ROI for the average change in BTC per month? so instead of 25% ROI, we need 25%/97% = 27% ROI pm?
Let me know if I'm my assumptions/maths are incorrect or if you have other ideas.
Thank you!
when i trade altcoins i dont really care about what price of bitcoin im really increasing my bitcoin as long i earn btc on trading and then hold bitcoin long term.
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