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Topic: Please read! Do not get overlook on the crypto market price! - page 3. (Read 900 times)

newbie
Activity: 238
Merit: 0
We should be care about both things you have mentioned here. Bitcoin is valued with the number of fiat currency. So i think we can not simply ignore that fact. And also we should be careful about security.
newbie
Activity: 182
Merit: 0
Bitcoin is dependent on fiat currency. Because you will use it in respect of fiat currency. So i think we need do be careful about that. Besides if bitcoins are missing from the wallet that's a different case.
newbie
Activity: 112
Merit: 0
It's alright not to dependably stress since our property is constantly settled and the amounts don't change with time as against advertising impact. Yet, aside from the thought of Crypto innovation and advancement, a ton of time would have been squandered in endeavoring to sit tight for the market to recuperate which is a piece of the forfeit in Crypto.
newbie
Activity: 43
Merit: 0
That would just bode well in the event that you are utilizing Bitcoins for getting things done, and the costs of those things aren't changing with the BTC/USD value outline which happens all the time as the costs of even the things being sold for Bitcoin rely upon the BTC/USD value graph itself.
member
Activity: 462
Merit: 14
Yes maybe you still owned 6btc, but the things you can buy is decreasing,if you are an investors of course you are going to look for the value,not how many coins you owned, the things is all of the things still measure with Fiat so value is totally important, the security of the Bitcoin wallet is very strong just don't click unknown link and set 2fa
Calm down guys i guess that the one posted the thread was only after for the encouragement of all the investors of cyrptocurrency. As we all know that market fall down has made some individuals to panic and then trade their crypto to fiat. This is not a good deed to do for it will loss some of his/her money. That is why this thread is just to remind everybody that if you are investing you should not fear because your crypto holding still the same no matter what the value is either down or up it will benefit the holder one day.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
as long as this mentality of yours doesn't lead to becoming a bag holder, you are good to go. but if you start thinking about every other shitcoin the same way and think that you have 1 coin and that 1 coin will always be 1 coin then you are in a lot of trouble. like the trolls of Dogecoin saying 1 Doge = 1 Doge and meanwhile Dogecoin continues losing value and dying.
brand new
Activity: 0
Merit: 0
It doesn't really matter how many BTC you are holding on your portfolio as long as they are worthy of investment. If the price of BTC decreases in real time then it will turn out to be a worthless investment. So, having 6-10 BTC wouldn't help much as all of their prices will be lowered down. If the price increases then value of BTC will also increase and it will allow the investors to see some profit out of each coin.
newbie
Activity: 315
Merit: 0
It is difficult to look BTC that way. Its amount truly doesn't make a difference on the off chance that you are holding a useless supply of an organization and a similar thing can be said on your digital money possessions. Cost is truly what makes your advantages profitable or not.
sr. member
Activity: 490
Merit: 250
I know that there are many individuals here in this forum that are always looking on cryptomarket price for the crypto that they are holding. Always hoping that one might get a good market price increase. This is why one does overlook on real number of crypto that they are holding because they are always looking on the equivalent of the crypto to fiat money. It is not like that because the real thing that you should look is the number of crypto that we know it is not changing for example you have 6 BTC @ 6k USD and eventually market price drop to 5K USD per BTC. Even if market price drop you still have 6 BTC and that is not changing and you should not worry. You have to get worry when you have 6 BTC and after seeing some time you will have 3 BTC only. That is one thing that you should worry because there might be one getting into your digital wallet and transfer your BTC to other digital wallet.
There is always concern in every investor's mind because we always see the value of our investment, we monitor our investments at all times. here, investors invest their capital to make a profit and I think that is everyone's hope, my concern is normal but don't overdo it, keep thinking positively as long as the amount of assets is still intact.
newbie
Activity: 29
Merit: 0
We are judging the price of Bitcoin by comparing it to Dollars which is currently considered as the standard for measuring value. So, if the value of our Bitcoin decrease then doesn't matter how much Bitcoin we are holding it will ultimately give a very low ROI or even a huge loss. If our standard for measuring value was gold then we would have compared Bitcoin's value to that of gold's.
jr. member
Activity: 322
Merit: 1
I think for an ordinary person who just happen to have a very normal understanding about crypto market price, definitely they just  tend to check how much could be the equivalent in terms of USD for their btc investment and I guess that is just normal. Moreover, more of the btc investors would also be checking the same way since that is their baseline to check the actual market price value day by day.
newbie
Activity: 32
Merit: 0
We should blame ourselves for having a point of view like that because we started considering fiat money as a standard of measuring any of our investment or assets. In this case, we are also judging BTC by the real time market price which is shown or compared to USD. As long as we keep measuring the value using fiat currencies, the scenario will stay the same as of now.
hero member
Activity: 1470
Merit: 655
you are sneaky Wink
you talk about amount of crypto you hold and then in your example use bitcoin....

there is HUGE difference when you are talking about how much bitcoin you are holding and how much some altcoin you are holding. it makes sense to have 6BTC and have that much no matter what the price will be in the future because at the end of the fluctuations 6BTC is still 6 large units of a usable currency.

but when it comes to an altcoin if you hold 6 ALT there is no usage for it apart from speculation aka buying and selling it with money or bitcoin. so if you have 6 ALT today worth $6000 and then tomorrow it falls down to $1000 you lose a HUGE amount of money and there is nothing else you can do with that ATL but dumping it for fiat or bitcoin so you miss twice.
jr. member
Activity: 154
Merit: 1
the author correctly said everything. Be careful with your actions and do not worry about the cost of bitcoin
jr. member
Activity: 154
Merit: 1
To tell you honestly it is hard to look BTC that way. Even if I know I still have that amount of BTC its real market value is what makes us know that our cryptocurrencies are performing well. Just like in the stock market you don't look at the number of shares thinking that you have a lot of shares from that company you always look at its price. Its quantity really doesn't matter if you are holding a worthless stock of a company and the same thing can be said on your cryptocurrency holdings. Price is really what makes your assets valuable or not.
I agree, the price really does have big impact and it does tell alot about your assets.
newbie
Activity: 112
Merit: 0
The problem is, some investment companies are buying & selling coins in a portfolio on behalf of investors and they balance the portfolio according to, say the 10 coins with the highest market capitalization for instance. If this change dramatically, then Bitcoin might drop in market capitalization and when the balancing of the portfolio are done, then these investors will end up with less bitcoins.  Roll Eyes

Price is important, depending on how you invest in Bitcoin and how your portfolio management is done.  Roll Eyes


That's the point for an investors the value of crypto that we're  holding is still not change after market price movements. It is not the market price that one should overlook instead it is the number of crypto that we hold. Should it raise the crypto and should not follow all the time of the equivalent of their crypto holding to fiat money.
newbie
Activity: 31
Merit: 0
Yes it is true that we need to invest in them too, instead of telling the people to just HODL and HODL. If there are no investments, then the price will not improve too.
hero member
Activity: 1190
Merit: 534
Since Bitcoin is introduced not longer than 9 years, most of the user doesn't have the idea of the valuation of crypto and as human behaviour, we always compare it with any other valuable thing with which we are familiar. I agree that the crypto market is highly volatile and it might look scary when it falls 10% to 20% but that's completely normal scenario in the crypto market, unlike traditional fiat based securities or commodity markets. It will take time to inculcate the familiarity among the users.
newbie
Activity: 84
Merit: 0
If you are a investor of BTC then you must know the value of BTC because we are still checking the quality of BTC with fiat currency and beside this we must know the current situation about its value.
newbie
Activity: 210
Merit: 0
This is one singler reason why I am very interested in crypto currency businesses, what ever happens you still have your currency with you, the exact figure all you need is patience to wait for the appropriate price rate you want sell that's all.
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