You need to start off with your aims for whatever you're holding and plan from there.
I have plenty of shitcoins. Some I will get rid of in search of more BTC. Others I will offload with the intention of cashing into fiat and never returning. I treat them completely separately with those ends in mind and don't pay attention at all to the other pairing.
Topic: When trading, never ignore the statoshi value of your coins - page 2. (Read 1559 times)
This is so important to look at which part we are able to save some and not to lose. And actually experiencing the same instead saving some satoshi, I'll just spend them on fees when I converted to other pairs. If we are satisfied with BTC/ETH or BTC/USDT pairs, it is better to stick on this. Having 100sat or 200sat is big enough if we can accumulate it for many days rather than of losing it just for fees and stupid decision.
Anyway, I'd learn from my experience and I don't make such fool again knowing that it never gives a passive result. That is why it is very important to make some basic calculations and think several times before making a decision cause once done, its gonna be over.
Anyway, I'd learn from my experience and I don't make such fool again knowing that it never gives a passive result. That is why it is very important to make some basic calculations and think several times before making a decision cause once done, its gonna be over.
Honestly, I don't really mind that kind of trading if you really needed the money. Bitcoin should not be something that stands in between of you and your needs, it should be something that supports you for your needs, so cashing out to pay for something is actually the perfect reason to not care about the bitcoins you have, an even more perfect version would have been spending bitcoins directly but I suppose we still have few years until that happens.
If you want to increase the amount of bitcoins you have and keep working on your portfolio, you should do that in between times but when it comes to paying your bills or paying for something else, I do not see a reason not to cash out, don't care about the satoshi value or altcoins, just cash out and live a better life.
If you want to increase the amount of bitcoins you have and keep working on your portfolio, you should do that in between times but when it comes to paying your bills or paying for something else, I do not see a reason not to cash out, don't care about the satoshi value or altcoins, just cash out and live a better life.
I actually can relate to what you were saying, in fact I just traded a fraction of my altcoin because I needed the money and minded only the value in dollars. I forgot that the main reason I traded before was to get more value in bitcoin than in US dollars, but that’s another lessoned I learned today.
This is a bit relative because if you are looking in for the USD value then you should consider the UDST value and not the bitcoin - that is being in the market only for the hard cash profit and nothing more. If you are looking to stay in the market juggling altcoins and bitcoin without seeking more USD value but increased bitcoin amount then do dollar cost averaging to check your trades.The amount of satoshis that you own is important but it is also important to know what you are trading with. Being too stubborn or too suspicious will both be bad for you.
This happens when the person trades with altcoins and does not pay attention to the price in relation to bitcoin. In the case of BTC - USD you need to choose whether you want to increase USD or even increase BTC, after deciding what you want to increase you can now develop your own strategy
Bitcoin-related news channels always put altcoin prices in dollars, and are always very happy every time altcoin prices go up in dollars, but they forget that in relation to bitcoin they are falling in a scary way
I did commit this mistake in the past where i do focus on USD value instead on satoshi value.
Bitcoin-related news channels always put altcoin prices in dollars, and are always very happy every time altcoin prices go up in dollars, but they forget that in relation to bitcoin they are falling in a scary way
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process. When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
I did commit this mistake in the past where i do focus on USD value instead on satoshi value.My first aim is to accumulate satoshi as much as i caneven though it do decrease its usd value due to volatility.
This is quite common on most traders where they do matter most always on usd value.It isnt bad as long you do able to cash out it but if you
target out for satoshis then you are doing the opposite way.
I actually can relate to what you were saying, in fact I just traded a fraction of my altcoin because I needed the money and minded only the value in dollars. I forgot that the main reason I traded before was to get more value in bitcoin than in US dollars, but that’s another lessoned I learned today.
It simply because you don't have a plan that makes you more guided as you'll go into trading. It is important to look the market price and analyze it carefully. Every satoshi's counts and in trading it is precious enough to collect them rather than of having nothing. However, trading couldn't just run smoothly, it sometimes we suffer difficulties especially in making for some reasone;
*Being in FOMO
*Doubts
These could some barriers in dealing with and we should have to think it more times (if possible) just to come up a best and fair decision.
I actually can relate to what you were saying, in fact I just traded a fraction of my altcoin because I needed the money and minded only the value in dollars. I forgot that the main reason I traded before was to get more value in bitcoin than in US dollars, but that’s another lessoned I learned today.
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process. When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
It depends on the pair that I am using, most of the time, I am using bitcoin/xrp pair, I dont want to lose any satoshis , because a single satoshi can build 1 bitcoin, it is not literally 1sats I mean , I am careful in every trade not to lose too much, especially now that bitcoin grows higher and higher I woud not definitely lose anything, I want to trade it whole without losing any of it. 
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process. When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
only few of my friends that trades are looking in USD value because most of them are into Satoshi as this is much accurate and easy to evaluate .but of course those traders that only seeking for fast profit or higher percentage are looking for their USD amounts.
Because you should count every expense or fee incurred on every transaction if you don't want to lose even just a few satoshi, when you have calculated it in more detail then it is very possible for you to trade more seriously because it's not just about a small profit, because in trading you also have to consider all things including fees.
yups thats it mate,fees are really valuabe that we doesnt care when we are trading big,but when we are losing?thats the time we look into how much fees we have spent in all tradings. 
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process. When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
Trading is too expensive to those who don’t know how to set a plan and don’t know how to trade at all. We are losing the Satoshi value because of volatility, the fees, and so on if you are a trader and let’s say you have the $100 in btc as your capital of course you have to make it $200 for you to know that you make profit, this is mostly my concerned since Satoshi value is too hard to monitor honestly. 
before trading you must determine your goals, whether your goal is for bitcoin or USD, for me personally, the main goal is USD, so I don't really care if my bitcoin amount decreases as long as my USD increases, If your goal is to increase your BTC you must be prepared if there is a decrease in the amount of USD.
I absolutely agree with you, due to the value of USD is stable and the opposite is true for Bitcoin and other cryptocurrencies, For me, I prefer focusing on my USD's value but after checking Bitcoin's price , the market is so volatile that is the issue.Furthermore, I am not interested about checking my satoshi value of crypocurrencies to be honest, it does not have any affect negatively and even positively. Of course my main goal is to earn more BTC not USD.
I think you are losing your track in trading. You focused on pairs which the same as the value of satoshis. As for me, I trade on trading pairs mostly at BTC/USD, BTC/EUR, depends on my target profits. Its useless if you do some trading and you only get back the capital. Try to figure out which trading pairs will you make some profit, OP.
Valuing in BTC as this is what I'm long. At times it makes sense to revert to USD but I don't do it. If you are long in crypto as a whole you should try to gather as much of it as you can. BTC makes the most sense to relate to as it is the most stable and biggest. I believe if you were to trade ETH pairs you could do it too, it is all relative and about catching moves/difference between assets you are observing.
Because you should count every expense or fee incurred on every transaction if you don't want to lose even just a few satoshi, when you have calculated it in more detail then it is very possible for you to trade more seriously because it's not just about a small profit, because in trading you also have to consider all things including fees.
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process. When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
It depends on trader's preference, for people who want to cashout profits into fiat in short time is good to go with USD value but one who are interested in investing back the profits made as their capital again should choose bitcoin value or satoshi value for their trading pairs.When I am doing day trading I consider the trader and offers based on fiat value only.
USDT is a place for the value of actual assets, useful if traders want periodic accumulation to handle needs that are indeed scheduled. and BTC is a place for longer development of assets and indirectly does not have to always be compared to its value against USDT, traders also tend to only think of the accumulation of satoshi in this regard. there are indeed two strategies that cannot be combined at the same time to be effectively managed.
You got some good points here.
I myself am guilty of relying on satoshis only. But that is my pure goal when I trade.
I want more bitcoin.
While some traders actually does the other way around. They are still making profits. But it will also need to be short.
When holding profits in bitcoin, you could easily pause in trading and somehow the price of it will still move upwards. Just like now, while in USDT it is just stable. Really, it will depend on strategies.
Good thinking.
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process. When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
i definetely agree with you. in crypto we should forget about usdwise profit. there is bitcoin in here instead of usd. we have to focus on increasing our bitcoin amount during trading. i can not be happy when making profit only usdwise. because in this case it is just better to hold bitcoin.
USDT is a place for the value of actual assets, useful if traders want periodic accumulation to handle needs that are indeed scheduled. and BTC is a place for longer development of assets and indirectly does not have to always be compared to its value against USDT, traders also tend to only think of the accumulation of satoshi in this regard. there are indeed two strategies that cannot be combined at the same time to be effectively managed.
It is wrong to consider both the amount of satoshis and the value in USD when trading. The value in USD is always in flux but USDT is stablecoin. Now if you are losing USD does not necessarily mean your satoshis are going down. So what one needs to consider is the dollar cost average of your satoshis and not the complete USD value. Although you could keep a track of total value in excel spreadsheet.
Satoshis that you is need to keep track of. Besides exchanges allow you to view it in either USD or BTC.
Satoshis that you is need to keep track of. Besides exchanges allow you to view it in either USD or BTC.
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