Pages:
Author

Topic: Do you like to know the price of altcoins in fiat or BTC or both? (Read 606 times)

member
Activity: 280
Merit: 10
www.becent.com
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
member
Activity: 238
Merit: 10
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
member
Activity: 448
Merit: 12
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.
copper member
Activity: 230
Merit: 1
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
legendary
Activity: 1442
Merit: 1025
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.
member
Activity: 798
Merit: 38
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.
legendary
Activity: 2534
Merit: 1338
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.
jr. member
Activity: 532
Merit: 5
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.
member
Activity: 244
Merit: 10
Official Street Team member
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.
sr. member
Activity: 546
Merit: 255
I know that it is more correct to count the amount in bitcoin, but recently I Count also  the dollar ( in the case when I invest in the short term or medium term). If i count in bitcoin, then my investments made a year and a half ago in a big minus. However, converting into dollar equivalent - I'm in profit. One thing I know for sure - if I was smarter at that time , I would leave 70-80% of investments in bitcoin, not 20%.  
full member
Activity: 966
Merit: 104
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?
It is more convenient and practical to view the price of altcoins in ordinary currency, in this case it can be stable coins like USDT, TUSD and others. Comparing the price of altcoins with a bitcoin does little in practice, well, we get a figure in which there will be six zeros after the comma and then other numbers, and what it gives us. Vseravno, to understand its value, this figure must be carried out in a common currency.
member
Activity: 1274
Merit: 14
Knowing the price of altcoin in both BTC and fiat makes it easier to analyze and make decisions that are appropriate for this situation in the market, especially if they arrive promptly. Your service will be clearly in demand despite the presence of such.
member
Activity: 420
Merit: 10
I always share the investment. I like to invest in both altcoins and bitcoins.

I lost a lot of money on Ethereum and am waiting for my investments to start generating revenue.
full member
Activity: 406
Merit: 100
Decentralized Digital Billboards
As many people say, there are many similar applications that provide the same thing.
Would you like to explain to me, why should I choose your application?
sr. member
Activity: 658
Merit: 256
For me, I love to see altcoin prices in against of Bitcoin and fiat (generally USD is fine). I keep track of the profit/loss of my investments against Bitcoin, it is good to see fiat price reference.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
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?
now many applications show the movements of altcoin and bitcoin. I use a number of applications that are able to find out the crypto price movements in the market, and if you suggest better maybe I can try it.
full member
Activity: 476
Merit: 101
BTC moves on its own, if anyone wants to control BTC it is impossible. BTC is the father of our coins, which is clear that all altcoins face BTC
jr. member
Activity: 84
Merit: 2

Well, it's great that you launch it, how to launch it so I will definitely visit it and write down my impressions about it.
member
Activity: 409
Merit: 10
Join @Bountycloud for the best bounties!
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?

I haven't still understand clearly about your app. Does it have something better than other applications are on the market?? Because I see there are lots of app like what you said. If you can, I want to hear more about it
jr. member
Activity: 434
Merit: 1
I'm using another site I know all the necessary information, and yet I still like it!
Pages:
Jump to: