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Author Topic: In this scenario, which buyer would come out with the bigger profit?  (Read 98 times)
quickie69 (OP)
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February 26, 2018, 09:31:38 PM
 #1

This is all hypothetical. So let’s say there is Buyer A (John) and Buyer B (Mike). John buys $1,000 worth of  altcoin on February 2018 and holds. Mike buys $1,000 worth of the same Altcoin as well but he buys it 10 months later on December 2018.  On February 2018, the coin’s price was $1.50. From then until December, the coin’s price has fluctuated a lot going from $1.50 to $15 back to $1.50, back to $15, then skyrockets to $50, back to $15, a bunch of phases going up and down both slowly/rapidly, and it’s eventually back to $1.50 in December. Literally couple days after Mike buys the coin priced at $1.50, the coin skyrockets back to $50. Who will have made more profit, John or Mike?  Huh
thresher
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February 27, 2018, 05:51:40 PM
 #2

Dude, that was one hell of a speculation and it was hard to read...
Try using the Enter button next time you're writing something like this.

About the question... John waited almoost a year to turn a profit while Mike got profit almost instantly.
We can't sell time yet so we usually forget that it's a valuable thing.

So, short explanation, John made around 50,000 in 10 months while Mike made the same money in a few days.

Mike wins! YAY Mike!
larsbalzak
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February 27, 2018, 05:59:18 PM
 #3

Both have made the same amount of profit unless A has been trading.
liuqi
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February 27, 2018, 06:12:25 PM
 #4

This is all hypothetical. So let’s say there is Buyer A (John) and Buyer B (Mike). John buys $1,000 worth of  altcoin on February 2018 and holds. Mike buys $1,000 worth of the same Altcoin as well but he buys it 10 months later on December 2018.  On February 2018, the coin’s price was $1.50. From then until December, the coin’s price has fluctuated a lot going from $1.50 to $15 back to $1.50, back to $15, then skyrockets to $50, back to $15, a bunch of phases going up and down both slowly/rapidly, and it’s eventually back to $1.50 in December. Literally couple days after Mike buys the coin priced at $1.50, the coin skyrockets back to $50. Who will have made more profit, John or Mike?  Huh

Mike is the one who bought the coins with the cheap after all the price fluctuations has been done. There are many coins in the market if this is real in the market that should be ripple. Now its price is around 1 to 1.5 USD.
This will be bumped more than 15 USD in some months. Thinks that investors are getting more profit by investing on this coin alone.

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lx001
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February 27, 2018, 06:19:13 PM
 #5

Mike is the one who bought the coins with the cheap after all the price fluctuations has been done. There are many coins in the market if this is real in the market that should be ripple. Now its price is around 1 to 1.5 USD.
This will be bumped more than 15 USD in some months. Thinks that investors are getting more profit by investing on this coin alone.
Why would you shill Ripple here when every coin is in such state. None of them has the bigger profit because they have not sold anything, but John is a loser because he might go full retard after such swings.
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February 27, 2018, 06:22:32 PM
 #6

This is all hypothetical. So let’s say there is Buyer A (John) and Buyer B (Mike). John buys $1,000 worth of  altcoin on February 2018 and holds. Mike buys $1,000 worth of the same Altcoin as well but he buys it 10 months later on December 2018.  On February 2018, the coin’s price was $1.50. From then until December, the coin’s price has fluctuated a lot going from $1.50 to $15 back to $1.50, back to $15, then skyrockets to $50, back to $15, a bunch of phases going up and down both slowly/rapidly, and it’s eventually back to $1.50 in December. Literally couple days after Mike buys the coin priced at $1.50, the coin skyrockets back to $50. Who will have made more profit, John or Mike?  Huh

They both buy at the same price of $1.50 and hold until it's $50. It's quite clear they'll have made the same amount.

If John were to buy the lows and sell the highs he could make a lot more.

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sedou
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February 27, 2018, 07:12:27 PM
 #7

Whoever has more satoshis in the end.
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