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Author Topic: Do you like to know the price of altcoins in fiat or BTC or both?  (Read 558 times)
kobita333
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November 06, 2018, 07:57:14 PM
 #41

Definitely, I count with fiat because that's what from which I can accumulate my profit/loss. BTC value can't fix my profit or loss. If BTC price decreases, definitely I will not be happy with the same price I had bought my alt.

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absurde
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November 06, 2018, 07:59:20 PM
 #42

i prefer to trade with Bitcoin because my aim is to collect more Bitcoin. That's why  i use alt coins to increase my Bitcoin funds.
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November 06, 2018, 08:28:15 PM
 #43

We're launching www.coined.com in a few weeks. It will provide real-time tracking of altcoins across 100+ exchanges.

I realize from time to time we probably all want to see how an altcoin we have invested in is doing compared to Bitcoin. But in your daily or regular routine of checking the prices of altcoins you follow or are invested in, is the BTC value something you look at: never, rarely, often, or always?
The value in bitcoin is what I care about, after all when I invest in an altcoin I am investing bitcoins not fiat, and also I am not interested that much in multiplying the amount of fiat that I'm holding, I'm really worried about multiplying the amount of bitcoin instead because I know that in the future it is going to be one of the main currencies around the world and I want to have a lot of it.



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Bonwin
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November 06, 2018, 11:05:28 PM
 #44

Definitely, I count with fiat because that's what from which I can accumulate my profit/loss. BTC value can't fix my profit or loss. If BTC price decreases, definitely I will not be happy with the same price I had bought my alt.
Counting in either fiat ($) or btc (satoshi) have both advantages and disadvantages, but counting in satoshi is better, most especially for traders. A trader would always consider price in satoshi, because his trades will always be measured by that per unit of the coin or token he ius buying or selling.
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November 07, 2018, 06:22:57 AM
 #45

I think knowing the price of the token in SATs is a lot more better than in fiat
Because literally, the price is usd is mostly fake as compared to real prices on exchange rate

Always look vividly the sat value and not depend on usd price
Basically, as a trader, the main reason I trade altcoins is to increase my bitcoin stash, no offense to altcoin fans, as I see altcoins more as a short term thing anyway, and in that case, I basically look at their pairs compared to bitcoin. Nonetheless, this does not change the fact that there are some few altcoins that I believe in their long term usage and growth, which most definitely there is no harm in at least holding some of them for the long term as the case may be, and in that case, I can at least be checking their value when compared to fiat as well as btc.

Comparison of Altcoins with Bitcoins sometimes occurs, while with Fiat regularly. Thank you.
It is actually the two that comes into mind most of the time, and most of the exchanges anyway when it comes to trading most fiat, has a lot to do with bitcoin pairs and few fiat pairs. This is not a bad service at all and will be a good thing to see it come into play. I check bitcoin and fiat value, so if in a way the platform can integrate both system of checking altcoins with fiat and with bitcoin, it won't be a bad idea at all. It depends on the market I am holding anyway that would determine if I am checking fiat pair or btc pair.
oly4life
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November 10, 2018, 08:15:09 PM
 #46

From general observation, people (80%) tends to check pair price in both fiat and BTC and most of the exchange platform pairs is in both. I always check mine in BTC because from experience have come to learn that BTC pair is more real than fiat. take for instance a friend of mine made a trade which he checked the price using Fiat and encountered a great loss because the price was staged. I think i will stick with Pair in BTC
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November 10, 2018, 11:06:48 PM
 #47

I follow the price of altcoins comparing to $ and to BTC or ETH depending on which altcoin it is. It is important to
know price movements  how they behave in comparison to the market. It is important when trading and for investment
decisions as well.

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November 21, 2018, 06:53:34 AM
 #48

I consider more often in Fiat, because I'm not interested in making a profit only in bitcoins. I am interested in having the opportunity to sell altcoins for real money in the future
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November 24, 2018, 09:57:44 AM
 #49

We're launching www.coined.com in a few weeks. It will provide real-time tracking of altcoins across 100+ exchanges.

I realize from time to time we probably all want to see how an altcoin we have invested in is doing compared to Bitcoin. But in your daily or regular routine of checking the prices of altcoins you follow or are invested in, is the BTC value something you look at: never, rarely, often, or always?

For me more important of course Fiat. I look at this value when I'm going to calculate the possible or profit. I do not understand why you need to compare with bitcoin, now it's just pointless

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