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Topic: The highest profit in the market is the crypto .... (Read 138 times)

member
Activity: 350
Merit: 13
Your example is not realistic.

Let's take a real-life example.
BTC VS XRP.

Person AAA bought $1000 worth of Bitcoin and person BBB bought $1000 worth of Ripple in 01.03.17.

Bitcoin price 01.03.17,  around $1300/BTC
Ripple price 01.03.17,  around $0.008/XRP

Fast-forwarding.... to December

Bitcoin price 17.12.17, around $18383/BTC  (+1414%)
Ripple price 17.12.17, around $0.73230/XRP  (+9153%)


So AAA's BTC is now worth $14140,7 and BBB's Ripple worth $91537,5.
Conclusion: BBB's market value is over 6 times of AAA's .

You are completely wrong
The example was given in May, when the Ripple reached its value against the Bitcoin
That's why I told those who bought it at that time in self and thought it was a profit
As an addition if sold on May 15 you will have a profit at all levels against the dollar and against the Bitcoin


If you meant May, then don't write March......there is a big difference in of terms  of % gain.
If both were bought 01.05.17 and sold 17.12.17 then yes, Ripple's (+1162%) gain is marginal inferior to BTC's (+1242%).


Many ask you about one of my previous publications, which suggested that the real profit is against the Bitcoin and not the dollar or usdt and this beggar explain this matter in a simpler way to facilitate understanding and remove the stupidity
I have also said that the market of digital currencies depends on the standard duality of the valuation of the dollar and the Bitcoin.
Also, many platforms put the currencies to trade against the Bitcoin and usdt in the first class and then several other currencies such as ETH and LTC and the profit in these markets is against these currencies, Pay attention to him not only profit against USD or usdt or ltc or eth, but it is necessary to monitor the status of the deal against the Bitcoin because the general trend of the Btc is on the rise and you can profit without circulation as an example:
If for example you bought xrp in March for 0.2 USD and sold yesterday for 0.8 you will think that you are winning x4 but you are a loser against be because btc  in the same period you bought against 0.00022300 btc which is equivalent to 4.6 dollars now (at the time of writing this post) If you only kept your balance from the Betquin, your balance would have doubled the dollar by x8.3 and you would have been a loser.
This is why my friends always put the Bitcoin chart before you any deal and give them a compromise and always evaluate the deal against the Bitcoin if you love trading altscoin / usdt
#Combinate_bitcoin
sr. member
Activity: 2352
Merit: 245
Indeed, if at the beginning of this year the cost of bitcoins was about $ 1000, now its price is approaching $ 20,000. Such a profit from a passive investment in bitcoin can not be given by virtually any activity in the conventional market. However, do not forget that bitkoyn can not rise in price forever. Someday it will end and the risk of losing your investment due to fluctuations in its rate and even a long period of falling in price,
 will increase.
jr. member
Activity: 58
Merit: 1
Your example is not realistic.

Let's take a real-life example.
BTC VS XRP.

Person AAA bought $1000 worth of Bitcoin and person BBB bought $1000 worth of Ripple in 01.03.17.

Bitcoin price 01.03.17,  around $1300/BTC
Ripple price 01.03.17,  around $0.008/XRP

Fast-forwarding.... to December

Bitcoin price 17.12.17, around $18383/BTC  (+1414%)
Ripple price 17.12.17, around $0.73230/XRP  (+9153%)


So AAA's BTC is now worth $14140,7 and BBB's Ripple worth $91537,5.
Conclusion: BBB's market value is over 6 times of AAA's .

You are completely wrong
The example was given in May, when the Ripple reached its value against the Bitcoin
That's why I told those who bought it at that time in self and thought it was a profit
As an addition if sold on May 15 you will have a profit at all levels against the dollar and against the Bitcoin
member
Activity: 350
Merit: 13
Your example is not realistic.

Let's take a real-life example.
BTC VS XRP.

Person AAA bought $1000 worth of Bitcoin and person BBB bought $1000 worth of Ripple in 01.03.17.

Bitcoin price 01.03.17,  around $1300/BTC
Ripple price 01.03.17,  around $0.008/XRP

Fast-forwarding.... to December

Bitcoin price 17.12.17, around $18383/BTC  (+1414%)
Ripple price 17.12.17, around $0.73230/XRP  (+9153%)


So AAA's BTC is now worth $14140,7 and BBB's Ripple worth $91537,5.
Conclusion: BBB's market value is over 6 times of AAA's .
jr. member
Activity: 58
Merit: 1
Many ask you about one of my previous publications, which suggested that the real profit is against the Bitcoin and not the dollar or usdt and this beggar explain this matter in a simpler way to facilitate understanding and remove the stupidity
I have also said that the market of digital currencies depends on the standard duality of the valuation of the dollar and the Bitcoin.
Also, many platforms put the currencies to trade against the Bitcoin and usdt in the first class and then several other currencies such as ETH and LTC and the profit in these markets is against these currencies, Pay attention to him not only profit against USD or usdt or ltc or eth, but it is necessary to monitor the status of the deal against the Bitcoin because the general trend of the Btc is on the rise and you can profit without circulation as an example:
If for example you bought xrp in March for 0.2 USD and sold yesterday for 0.8 you will think that you are winning x4 but you are a loser against be because btc  in the same period you bought against 0.00022300 btc which is equivalent to 4.6 dollars now (at the time of writing this post) If you only kept your balance from the Betquin, your balance would have doubled the dollar by x8.3 and you would have been a loser.
This is why my friends always put the Bitcoin chart before you any deal and give them a compromise and always evaluate the deal against the Bitcoin if you love trading altscoin / usdt
#Combinate_bitcoin
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