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Author Topic: USD or BTC as reference?  (Read 448 times)
tokeweed
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October 23, 2017, 01:45:38 PM
 #21

Hey guys, what is more important for you when trading?

Is you goal to have the more BTC possible or the more in USD value?

For me USD still remain the real reference, i say this because of everybody saying that alts are bleeding etc, but this is when compared to the value of BTC.
Some alts are red in BTC but didn't lose value in USD (or even gained)


Then that means what you should really be holding is Bitcoin as it will give you the biggest USD gains than holding any altcoin.

And I personally always base the value in BTC.  It's really the only coin to have right now.  But in the future, Monero will become the second 'should have' coin.

R


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October 23, 2017, 02:54:33 PM
 #22

I mostly trade and think in BTC prices. Many coins you can only buy with BTC.

So why calculate your trade in USD when the entry currency was BTC? I want to see if I have lost BTC or gained some Corn.
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October 23, 2017, 02:55:55 PM
 #23

I mostly trade and think in BTC prices. Many coins you can only buy with BTC.

So why calculate your trade in USD when the entry currency was BTC? I want to see if I have lost BTC or gained some Corn.
Yes, thinking BTC also helps to keep emotionally flat. It is easier for me to invest 1 BTC than investing 6k USD. So I can try to keep emotions out of my trades.

BTC IS KING!
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October 23, 2017, 05:37:25 PM
 #24

Yes, I think the last purpose of investors is USD. Bitcoin will not replace money. Investors wanna get profit through bitcoin. Bitcoin is just an investment tool to get USD.  Grin

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October 23, 2017, 05:59:40 PM
 #25

the answer to this question depends on whether the investment is short or long term. in the short term if you have an investment plan I would definitely recommend you to make calculations in dollars.if you are considering investing in the long term I would recommend you to consider it as a bitcoin. In the short term you could probably lose btc on your account  . After fork , the bitcoin will probably be pulled back a bit on a price basis.




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October 23, 2017, 06:03:17 PM
 #26

You have to remember that today when you check the price of a bitcoin you have it in dollars, when you make some percentage in btc again you calculate what you can buy buut in the dollars.

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October 23, 2017, 06:24:21 PM
 #27

I guess it depend on your investment objective. For me, my objective in trading is to grow my BTC, therefore I keep track of prices and profits based on BTC.
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October 23, 2017, 09:42:52 PM
 #28

Screw any FIAT - its going to be a dying commodity in the future. For now BTC, although another altcoin may become the benchmark.
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