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shoreno

full member

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Quote from: Johndoyle127 on March 02, 2021, 03:26:36 PM

So what is the point of buying aave or anything in bitcoin.
Why not just buy in euro.

its because btc is the used medium by the platform that you are using and they may not support any other payment methods such as euro or any other crypto . you already done your comparison and it turns out that the pump rate of btc is much smaller than the pump rate of the other coins so i dont get why you are still jelous but if you want to experience what it feels to earn during the btc pump you should get your your self a btc as well . if you havent yet and 4k euro of your earnings is already alot imo because you only started small .

joniboini

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Quote from: Johndoyle127 on March 02, 2021, 03:26:36 PM

So what is the point of buying aave or anything in bitcoin.
Why not just buy in euro.

I think you're confusing something here. You don't multiply your ROI by price rise on AAVE * price rise on BTC. BTC is just another pair of your coin, similar to how you use fiat to denominate the price of a phone. So either you calculate your AAVE price rise on USD or BTC, not multiplying them.

If you still don't get this, let's say you have a phone X, you bought it for $10 (equivalent to 8 euro when you bought it). Now the price in dollars rises to $30, but dollar to euro fell, so your phone is worth something like 24 euro.

tabas

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Quote from: Johndoyle127 on March 02, 2021, 03:26:36 PM

So what is the point of buying aave or anything in bitcoin.
Why not just buy in euro.

You should be the one answering that question of yours. You have told us that you have bought lend on 2018. Buying altcoins through bitcoin is not a good idea and I'm not doing that. But if you buy bitcoin with euro or fiat or with any altcoins, that's a good idea that you must be doing.
I get your point, some are buying alts through bitcoin and they're doing it wrong because it reduces the number of bitcoins they own.

Johndoyle127

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So what is the point of buying aave or anything in bitcoin.
Why not just buy in euro.

Findingnemo

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Quote from: Johndoyle127 on February 28, 2021, 04:24:27 AM

Hi i am looking for help.
I bought 100 euro of lend at approx .0637 in feb 2018. Bitcoin was approx 6650. I got 1422 shares. Lend migrated to aave which is now 230 euro approx.now i have 14.22 aave
What should my investment be.
I dont think it rose with bitcoin only aave

Since you bought an altcoins with BTC then you can never expect the price of your altcoin should grow with bitcoin. Because it is possible in short time while long term the value will be less against BTC value. As an investment you made huge amount of profit as well so you can calculate the profits against USD value for better analyzing.

agustina2

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Quote from: Johndoyle127 on March 01, 2021, 01:00:16 PM

Hi
Im sorry . I am very new to this.
I thought my initial investment of 100 euro would rise with a rise in bitcoin and a rise in aave. Or fall in price.
So my kucoin account is now saying 4400 euro
Which suggests it rose im price with aave but didnt rise with bitcoin. Bitcoin has rose by approx 700 percent and aave rose by approx 5000 perecent.
So should it not be 100 x 7 x 50???

Your BTC quantity won't increase as trading between Aave and BTC didn't change much.

The rise of your Aave's euro value was because of the push of the BTC and USD pair.

This is what I understand about your situation.

Johndoyle127

newbie

Activity: 5

Merit: 0

Hi
Im sorry . I am very new to this.
I thought my initial investment of 100 euro would rise with a rise in bitcoin and a rise in aave. Or fall in price.
So my kucoin account is now saying 4400 euro
Which suggests it rose im price with aave but didnt rise with bitcoin. Bitcoin has rose by approx 700 percent and aave rose by approx 5000 perecent.
So should it not be 100 x 7 x 50???

chaser15

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Quote from: Johndoyle127 on March 01, 2021, 05:35:21 AM

Hi. No asking what should my investment be worth now. Its 4400 euro at the moment but i think it should be more.
I think its only risen in price with aave not kucoin
Ie what is 100 euro worth now when i bought lend at .0637 when bitcoin was 6650.

Try to check the AAVE/BTC pair price history to see the actions from 2018 and when the time LEND was migrated to AAVE. Check also your transaction history.

Check if your math is correct and take note of the conversion on the migration wherein 100 LEND is equal to 1 AAVE.

adamvp

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Quote from: Johndoyle127 on February 28, 2021, 04:24:27 AM

Hi i am looking for help.
I bought 100 euro of lend at approx .0637 in feb 2018. Bitcoin was approx 6650. I got 1422 shares. Lend migrated to aave which is now 230 euro approx.now i have 14.22 aave
What should my investment be.
I dont think it rose with bitcoin only aave

You should use search engine before making a new thread, you can find Kucoin Thread here:
https://bitcointalk.org/index.php?topic=5163269.0;topicseen
Or if your question is related to other issue look for suitable keyword..

ice18

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Quote from: Johndoyle127 on March 01, 2021, 05:35:21 AM

Hi. No asking what should my investment be worth now. Its 4400 euro at the moment but i think it should be more.
I think its only risen in price with aave not kucoin
Ie what is 100 euro worth now when i bought lend at .0637 when bitcoin was 6650.

I will answer based on what I understand on your question, so your asking if you bought btc at 6650 worth 100 euro = 0.015btc approximately If Im correct so the current price now is $48,000 x 0.015 btc = $720 only this will be the expected amount as of this time if you bought btc instead of Aave comparing the btc and aave you have more profit in Aave than btc.

Johndoyle127

newbie

Activity: 5

Merit: 0

Hi. No asking what should my investment be worth now. Its 4400 euro at the moment but i think it should be more.
I think its only risen in price with aave not kucoin
Ie what is 100 euro worth now when i bought lend at .0637 when bitcoin was 6650.

Mighty_crypt

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Activity: 784

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Quote from: Johndoyle127 on February 28, 2021, 04:24:27 AM

Hi i am looking for help.
I bought 100 euro of lend at approx .0637 in feb 2018. Bitcoin was approx 6650. I got 1422 shares. Lend migrated to aave which is now 230 euro approx.now i have 14.22 aave
What should my investment be.
I dont think it rose with bitcoin only aave

You are already in big profits mate, what are you waiting for? You haven't get enough? This bull season won't last forever and your aave might go lower soon, take profits right now and change to stable coin and when market is down you can buy back, meaning your 14 pieces of Aave can turn to 30 or more, that is if you still want to hold Aave for future sake

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

You have even got when the price has dumped. AAVE was soaring at around 450 euros about a week ago. The only advice I can give you is you should know your target and know when to buy or sell off for profits otherwise the price of AAVE could drop back to the initial price you bought it or even less after sometime and you would have waited for over 3 years to gain no profit in your investments.

chaser15

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Quote from: Johndoyle127 on February 28, 2021, 04:24:27 AM

What should my investment be.
I dont think it rose with bitcoin only aave

How about thru trades. Are you aware of doing this?

There are lots of options you need to try until you got the best idea.

Try to conduct a brainstorming of yours and create some possible actions you can do.

tabas

hero member

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Are you just asking what you should do with those coins? you just hold it if you think that value will rise more or if you're exhausted and wants to sell it.
Then, sell it for bitcoin.

Yogee

sr. member

Activity: 1554

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Your topic shouldn't be "Kucoin" since this is not about the exchange. You are just asking what you're going to do with AAVE. Stick with it if you are not confident BTC will rise up higher. I don't know if Kucoin is offering centralized finance like Binance so that's something you can check. Let it earn some interest or dividends.

Post in the correct board next time.

Johndoyle127

newbie

Activity: 5

Merit: 0

Hi i am looking for help.
I bought 100 euro of lend at approx .0637 in feb 2018. Bitcoin was approx 6650. I got 1422 shares. Lend migrated to aave which is now 230 euro approx.now i have 14.22 aave
What should my investment be.
I dont think it rose with bitcoin only aave

Topic: Kucoin (Read 107 times)