sent a pm ryan
Just shot you back a response
Cheers
The prophet of profit strikes again, nice one Ryan. I've been putting alot of your stuff into practice
Thanks,
I would hope that everyone is compounding their profits instead of cashing out, it's all going to pay off in spades as we inch closer and closer to the next bull cycle.
^^No he's right, why do you think everyone in this pump thread says, "yay profit" their profit is more Bitcoins....not more of that altcoin
Indeed
People deny that Bitcoin is a "real currency" yet, Bitcoin is traded against all of the major fiat currencies currently in existence.
Altcoins are a conduit to gain more Bitcoins, and many traders use Bitcoin as a conduit to gain more fiat.
Most of us here are merely traders, and the role of a trader is simply to profit. Not to become obsessed over some "new alt" that is going to topple BTC due to some new "feature".. we aren't here to bring "new technology" to the table.. We are literally here only to make money.
Being a trader in the crypto currency space involves a lot more than simply trading some altcoins back and forth. That's level 1 stuff.
The fact is, smart traders always want to be in and out of altcoins as quickly as possible
Because whilst a lot of money is made in the alt markets, that money is then put to work in the BTC/FIAT markets to maximize gains.
Minus bitcoin, crypto currencies have a combined market cap of $634,271,345 - no small sum, so the altcoin market does have it's place, but it is only one part of a much larger picture
