Hello, I have been a member a long time but have not visited in perhaps as long. I have held on through the whole time and have been a bit surprised by the run up, but then again, not really. I am a member of the Kitco precious metals board and have been quite active there. Crypto has been basically a buy and hold and cross my fingers type of gamble investment... Seems to be paying off somewhat now... I guess we'll see. I am all positive as I bought in with a sum total of maybe 2K and about the last time I was on, at BTC 15K, I pulled 4k out from BTC and ETH and LTC and bought new appliances for my kitchen, and am still left with a significant balance of all three (I guess it would be a pittance to many, but Hey)
Now for the question.... I know PM's have a ratio of trade points where regardless of price, it is beneficial to swap one metal for another. Right now, silver is the one to buy. Au/Ag is 72+, Pt/Ag is 41+ (not a bad ratio to swap, but I swapped the Ag I wanted to swap with Pt @ 50/1... I should have waited, but....). The ratios to swap Ag for Au is in the range of <50 (I think is right, less than fifty is what I want it to mean) and Pt should be the same.
I am curious if there are ratios that are accepted for the trading of BTC/ETH/LTC.... With BTC at 41K, I swapped with LTC hoping that I would either see a drop in BTC or a spike up in LTC which I felt had lagged a bit and was far below its' previous high. If anyone has a line on trade ratios, I would be interested in looking over the numbers and talking about it with you.
Thank you, t00nces22... Previously t00nces2, but I don't seem to be able to log back into that account.... I wouldn't mind a little help with that too.
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