bought 1.22 ltc/btc @ 0.009144 btc
sold 1.22 ltc/btc and get 0.008733 btc
Well the question you asked isn't related to the example you provided you simply mentioned 1.22 ltc didn't mention the btc rate in both cases maybe the price increased by a really less margin and that also remember exchanges do charge 0.2% fees which i think you forgot to count.
meanwhile price of btc rose and i gain a profit.
If you are trading with a alt/btc pair and price of btc increases and price of alt remains same then you will get a loss because in a situation like this price of only one coin increased and as both of them value fluctuates in order to make profit either btc value should reduce or alt value should increase if these 2 things don't occur you won't get a profit.
why would the btc i get is lesser despite ltc went up and btc went up?
Any one of these should increase let's say btc is $1 and ltc $0.1 if ltc becomes $0.2 nd btc $2 the increase is same for both so it get nullified. And the less part is exchange fees.
If you still got a question let me know.
