Topic: When trading, never ignore the statoshi value of your coins (Read 1559 times)
Many economists still do not realize this, but Satoshi fucked the entire American economy thanks to the creation of bitcoin. Due to their instability, cryptocurrencies make world currencies like the dollar and the euro equally unstable. If you are interested, then you can read various videos about Bitcoin. Nevertheless, some traders take risks and work with currency and bitcoin. I consider this nonsense in such an unstable situation in the world. I prefer to find shares in reliable companies and work with them. This brings me the main profit and I am sure that the shares will not fall in price. For the first time I read about this strategy at https://investotrend.com/most-expensive-stock/ and after several attempts I realized that it was a pretty profitable scheme.
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?.
Man did you even think about this before you posted it here? How exactly do you lose Satoshis when you’re gaining dollars? When you’re gaining Satoshi you’re also gaining in dollars and when you’re losing in Satoshi you’re also losing in dollars because that amount you lost in Satoshi is worth some dollars. So you don’t even know what you’re saying.Moreover, dollar is the main currency and that’s what we all are mainly looking at. When you withdraw your money all that matters is the worth in dollars. Imagine that you decide to only care about bitcoin and not minding what it’s worth in dollars. You buy 1 BTC at $1000 and then it falls to $10 per 1 BTC, will you be happy with yourself? You still have that 1 BTC but it is useless. So you’re wrong.
For long term, there is no doubt that only maximizing satoshi would give us profits because the increasing price with time would also increase the value for satoshi. If ever the bull runs make bitcoins go to moon that the price for single satoshi might even be compared to a dollar so it might be most important to consider the satoshis we have for holding them in long run.
When the price is big enough and the satoshi is actually a decent amount (you can even say one million satoshi if you want, so we don't know what it means for the satoshi value) that is becoming hundreds of dollars or even thousands of dollars if you mean a lot more. It is impossible to think that one person will not care for that much amount of money, everyone would even if you are rich enough to spend that on a dinner.However when it comes to finances there is no little amount, even 1 satoshi is a great profit if you profit as long as you do not lose money at all. There was a bot years ago that was working super fast and aiming at profiting 1+ satoshi profit, it was working to make thousands of profits like that per day to combined bigger profit instead of making 1%+ profits constantly. That bot didn't end up doing what it was suppose to but that is exactly what everyone should aim at.
I agree with you because business should be profitable without neglecting it and from there you should go ahead with education We need to try to do business here There is no reason why we usually do business on the dollar and in the short run of everyone's business and in the long run if the currency goes up we will certainly benefit.
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?.
Losing Satoshi while trading is like losing some cents in dollar,If you think about it thoroughly it would make sense earning more in BTC and gaining more Sat's because you would gain more when the market starts to pump up.
Every Sat's count so don't ignore those small amount that you would lose.
All crypto activity will end with currency and USD is popular choice, in market btc/ usd pair also become trader favorite. This time bitcoin use currency as value pairs and ignore satoshi, so I think use currency is more familiar right now. Satoshi or USD it doesn't matter because big profit is our goals. Make sure you not pessimist with volatility because that is market, find the moment and execute your plan.
When trading I am looking best chance how to get much profit although little profit because I know how situation when bitcoin and altcoin going down or going up, keep exist to get much profit always and never want hold some assets for long term because can be the way how we lost bigger chance later.
Nevertheless, long-term investment prospects are supported by many investors. Even today, Bitcoin is primarily in demand in the cryptocurrency market due to the fact that everyone expects to receive maximum profit from this coin in the future. To do this, pay attention to the capitalization of Bitcoin and the trading volume of this coin in the cryptocurrency market and comparing the indicators, everything will become clear.
Traders should care about their short term goals only,you can be profitable in short term and long term at the same time.Now you realize that you didn't made anything with your extra effort into trading that is why more crypto enthusiast saying better to be a holder than trader.
satoshi might be small for our eyes but if we keep on taking satoshis or collecting them , they can grow too plus when the btc value went up the value of the satoshi that we kept can grow more evenly but but the problem to most of us is that we ignore these satoshis because we think they are too little or they are only cents which cant make us wealthy so we dont trade and instead we wait for more but what can happen worst is that we are only waiting for nothing and we might end up loosing more .
if I focus on collecting satoshi because my goal is to get more bitcoin profits for long-term investment and for my income trading pairs usdt altcoin to get usdt profit so my satoshi doesn't decrease
Obviously we should not ignore the profits in Satoshi. People usually don't pay attention on their Satoshi profits because they are overwhelmed with their fiat profits.
While fiat profits are more than enough, Satoshi profits are actually the one that matters the most and especially in the long run.
I always pay attention on how much Satoshis I am gaining or losing. Also, it's not always bad to lose Satoshis.
Sometimes we should let go the small Satoshi loses and be happy with fiat profits
You are actually talking on both the sides. Earning satoshi might be good if the markets are in ascending positions but if the markets are in the bearish trends than it is fine even if we make profits in stable coins rather than just trying to maximizing our satoshi.While fiat profits are more than enough, Satoshi profits are actually the one that matters the most and especially in the long run.
I always pay attention on how much Satoshis I am gaining or losing. Also, it's not always bad to lose Satoshis.
Sometimes we should let go the small Satoshi loses and be happy with fiat profits
For long term, there is no doubt that only maximizing satoshi would give us profits because the increasing price with time would also increase the value for satoshi. If ever the bull runs make bitcoins go to moon that the price for single satoshi might even be compared to a dollar so it might be most important to consider the satoshis we have for holding them in long run.
When trading I am looking best chance how to get much profit although little profit because I know how situation when bitcoin and altcoin going down or going up, keep exist to get much profit always and never want hold some assets for long term because can be the way how we lost bigger chance later.
This is an interesting aspect and I've wondered about it myself... I always look for the satoshi value as I try to forget about dollars when dealing with crypto... but it depends a lot on prespective, if it is long term or short term...if you'll be cashing out or holding
Usually we would only see our bitcoins(satoshi) growing if we are trading with bitcoin pairs but if we choose altcoin pairs like USDT, ETH, etc that it might get difficult to increase our satoshi and in this situation we might only run behind maximizing our profits by gaining fiat or any other coin. Satoshi might even be a good source of investment for long term.We could buy some thousands of satoshi and hold it into a paper wallet and store it in a safe vault which would only be accessed after a fixed interval of time(2 to 5 years) and than we would really be impressed by the value of those satoshi we held in our vault. In short gaining satoshi is like increasing our bitcoins and nothing else.
Obviously we should not ignore the profits in Satoshi. People usually don't pay attention on their Satoshi profits because they are overwhelmed with their fiat profits.
While fiat profits are more than enough, Satoshi profits are actually the one that matters the most and especially in the long run.
I always pay attention on how much Satoshis I am gaining or losing. Also, it's not always bad to lose Satoshis.
Sometimes we should let go the small Satoshi loses and be happy with fiat profits
While fiat profits are more than enough, Satoshi profits are actually the one that matters the most and especially in the long run.
I always pay attention on how much Satoshis I am gaining or losing. Also, it's not always bad to lose Satoshis.
Sometimes we should let go the small Satoshi loses and be happy with fiat profits
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.
This is very true, many times I see people bragging about their profits and when I see their results I discover they have made more money by just holding bitcoin, and what it is the point of holding an altcoin if that altcoin is not going to outperform bitcoin? When you think about it this does not make sense which is one of the many reasons for which I am really careful when I decide to invest in altcoins and as soon as it seems I am losing some bitcoin I sell them.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?.
This is an interesting aspect and I've wondered about it myself... I always look for the satoshi value as I try to forget about dollars when dealing with crypto... but it depends a lot on prespective, if it is long term or short term...if you'll be cashing out or holding
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?.
This is very true, many times I see people bragging about their profits and when I see their results I discover they have made more money by just holding bitcoin, and what it is the point of holding an altcoin if that altcoin is not going to outperform bitcoin? When you think about it this does not make sense which is one of the many reasons for which I am really careful when I decide to invest in altcoins and as soon as it seems I am losing some bitcoin I sell them. 
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 all depends on the situation. If the market is growing and trading with Bitcoin is more profitable, then I will build up value in Bitcoin. It is obvious. I think many do it. If the market situation is unstable or a bear market, then it is better to trade in a pair against the dollar.
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.
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.
All matters on whats your plan since from the start and i agree that everything does change along the way depending
on which situation are you in.We know that we do have some alt or shitcoins in bag that we do need to dispose off to accumulate
either btc or altcoins.It will depend on your likings and your plans yet its destined to change along the way.
in every Investments or any other transaction always have this thought that "Every Single Cents Valued" because like a drop of water it is very important so i believe that even a single satoshi here when it comes to trading must be valued.
though i am not a trader but i make sure that all the amount i have in every exchange and wallets i used is being keep,that is my attitude even in my Fiat in hand.
actually this was been thought by my Mother as she was a businesswoman and know how important every single cents.
though i am not a trader but i make sure that all the amount i have in every exchange and wallets i used is being keep,that is my attitude even in my Fiat in hand.
actually this was been thought by my Mother as she was a businesswoman and know how important every single cents.
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.
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.
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.
We need to accept the fact that we meed to focus on what we want to achieve or we can say that we need to focus on your target. Honestly in all action that we are do it is hard to do more than one plan or target because all we know that multi tasking is not easy. We also need to sacrifies some things to get our dreams. Like in this industry there are strategies that they need to ignore satoshi to focus on other source of income.
There are different styles now when USDT came.
Some do prefer making more USDT than bitcoin which is not so much like before.
In which, altcoins are the one being used to gain more bitcoin in the end.
Yes, every satoshi will count. I remember before when I do faucets on different website. Every piece of it will count for me and it stayed that way up until now.
Some do prefer making more USDT than bitcoin which is not so much like before.
In which, altcoins are the one being used to gain more bitcoin in the end.
Yes, every satoshi will count. I remember before when I do faucets on different website. Every piece of it will count for me and it stayed that way up until now.
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?.
Personally I choose to gain my satoshi, it's a better choice for short-term trading considering the value of satoshi tend to going up, so more satoshi is more value in USD.
Gain more USD is quite good, but ignoring the amount of satoshi is not good choice especially for short-term trading, unless it will be good for an investor who expecting the price rise at the long-term and don't care too much of the coin calculation profit.
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?.
If you're pairing with btc and trying to accumulate, of course counting your assets in satoshi is logical, though many people fail to see that as they're more focused on btc to usd conversion. I used to look at it that way but I guess if you're trying to go for the long term, you really wouldn't mind that much the dollar or the fiat equivalent of your asset.
It's depends from your trading goal. If you want to cash out asap you traded your coin, just focus on USD and if you are thiking to invest and hold bitcoin more, just trade it into bitcoin. Its simple as that
I agree, we only need to care about the goals that were set in the beginning. If we care about so many things, it is easy to distract us and make the wrong decisions.I personally like bitcoin so I usually trade bitcoins, I just need to increase my bitcoins.
Great question, most of the people here doesn't really care if they have more bitcoins or not most importantly is the value of the current satoshis they are holding so in my understanding the traders are looking to gain more USD and just using satoshis/bitcoin in order to grow their asset which is the USD.
Well this is just only my opinion about this matter and this is what's in my mind and there's a lot of traders out there and we don't have the same thinking about this matter for me the USD is still strong rather than the Bitcoin since the USD was given by the state or government to have a value even though its just a piece of paper and in bitcoin we analyze its price base on USD.
Well this is just only my opinion about this matter and this is what's in my mind and there's a lot of traders out there and we don't have the same thinking about this matter for me the USD is still strong rather than the Bitcoin since the USD was given by the state or government to have a value even though its just a piece of paper and in bitcoin we analyze its price base on USD.
Depends on the goals you set when making transactions. If you want to win USDT, you only need to care about the result to be converted to USDT and vice versa if you intend to hold bitcoin, you only need to care about the amount of bitcoin.
Currently I am trying to collect more Bitcoin so I usually trade pairs BTC - altcoin and Btc - USDT. At the end of each session, I usually convert everything into bitcoin and check my profits.
Currently I am trying to collect more Bitcoin so I usually trade pairs BTC - altcoin and Btc - USDT. At the end of each session, I usually convert everything into bitcoin and check my profits.
Trading and investing activity has the same goal, more profit in USD because all economy will ended with regulation and protection in this part we call it currency not bitcoin. Lost some satoshi value for bigger income is USD is predictable and acceptable, as long not in high value you're on the right track. All depend your calculation, bitcoin is only tools to get currency never deny it.
Yes more traders is always base in USD in terms of profit. If you think you lose because you lost some satoshi then recalculate it again in USD. We all know that bitcoin is volatile so you may expereince lost in sats always if the price of bitcoin increase the same if the price decrease you will not experience lost because you secured you fund in USD.USD is much reliable nowadays because we all know that bitcoin is in constant price and it is not good. Although many people still hoping for the bitcoin to rise again, it will not give you the basic necessities if you're still holding it. At some point, bitcoin can increase it price again but the question is "When?". It is still uncertain if we just focus on it. So US dollars is the thing that you must focus on before anything else.
Well, I do care about mostly about the amount of btc I have, doesn't matter if I end up being 1 satoshi higher than I used to be after a trade, a profit is profit and I don't look at the dollar value of it until I really want to sell, like literally cash out to fiat, up until that point all I care about is actually being in profit for bitcoin.
However, that doesn't matter being in profit for dollars is bad neither, that is quite good, for example you bought bitcoin lower and now in profit at these prices, if you sell and price goes down that means you are in profit for dollars and that is cool, however you end up buying at lower once again that means you are both on profit in dollar AND in bitcoin and that is probably the best kind of trading you can make in this market.
However, that doesn't matter being in profit for dollars is bad neither, that is quite good, for example you bought bitcoin lower and now in profit at these prices, if you sell and price goes down that means you are in profit for dollars and that is cool, however you end up buying at lower once again that means you are both on profit in dollar AND in bitcoin and that is probably the best kind of trading you can make in this market.
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?.
for me, losing satoshi is normal as long as my account increases dollars. Because our ultimate goal is dollars, we need to get more dollars than bitcoin because we're not sure about the future of bitcoin. What do you do when your hard trading week earns 1 BTC and the following week the price of BTC drops by $ 5000? That's why I want to raise more dollars because it's stable. 
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 really depends upon the fact whether you consider Bitcoin as your base currency or a trading currency. In case you consider Bitcoin as trading currency, it is at par with other cryptocurrencies and just another investment. So even if the price of Bitcoin rises more than the currency you holding, it doesn't matter. Suppose you holding XRP and it gains 5% whereas Ethereum gains 12%, would you consider that your money decreased because Ethereum increased more than XRP? No, right? Similarly if you consider Bitcoin as an investment then even if it rises more than your XRP, it doesn't mean you lost money.
But if you consider Bitcoin as your base currency to invest in other currencies then percentage return should be calculated on the amount of Bitcoin initially invested.
My purpose in trading is how I can make more bitcoin, and I am not counting how much satoshi will be. As long as I can take as much profit as I can, I will not lose the satoshi because the loss will be cover by the profit.
I only think about how to gain more profit in bitcoin and hold it until bitcoin price can increase rise so I will sell my bitcoin to my local fiat. I don't mind to lose some satoshi value because, as I said before, the loss will not have much impact on me because I can get much profit from trading, plus my profit will be bigger if bitcoin price suddenly increases like yesterday.
I only think about how to gain more profit in bitcoin and hold it until bitcoin price can increase rise so I will sell my bitcoin to my local fiat. I don't mind to lose some satoshi value because, as I said before, the loss will not have much impact on me because I can get much profit from trading, plus my profit will be bigger if bitcoin price suddenly increases like yesterday.
actually, if you trade using USD at first, you have already made a profit. no need to see the value in satoshi, I've also done that. but if you do that with crypto, you certainly have a loss, because of that, many people assume that holding crypto, in the long run, is better than holding short.
honestly, it's better than you lose.
honestly, it's better than you lose.
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?.
Looks like you learn something while you are on progress. Good thing you have realized that.
However, different traders have different goals and purposes. Different strategies also apply.
There are advantages why traders sometimes opt to sell when they see gains in USD value, they are playing with the price. Maybe out of their analysis, it seems a good move. Proper execution is the key to gain profits in the market. You can also try other trading pairs.
Some would really be minding on USD terms and it is still a worthy one if you do cash it out directly
and avoiding as much as possible of turning trend of market.Satoshi or USD the most important thing
is that you do gain and thats already a good stuff to hold on.If long term plans then earning satoshi
will be the wisest choice.
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?.
Looks like you learn something while you are on progress. Good thing you have realized that.
However, different traders have different goals and purposes. Different strategies also apply.
There are advantages why traders sometimes opt to sell when they see gains in USD value, they are playing with the price. Maybe out of their analysis, it seems a good move. Proper execution is the key to gain profits in the market. You can also try other trading pairs.
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?.
The case you mentioned above is important but you can actually only have profits in terms of the United States dollar only if the price for bitcoin rises up. In this situation, even if you loss few satoshis it won't matter but you would have profits in terms of dollars so it would not be an effective loss. If we are not considering the prices in the US dollar than we will specifically have profits in terms of satoshi and we would start earning a fixed profit in terms of bitcoins only.For example, if we bought 0.5 BTC and the price hikes up by 2% than you would instantly gain 0.01 BTC profit which would entirely be in terms of bitcoin only. This way, you could boost multiplying the fixed number of bitcoins you have by constantly trading with those instead of selling those for USD and buying back.
If you concentrate too much on the future value of every Satoshi, then you will never sell any of your coins and you will become a full time hoarder. Yes, the few Satoshi lost with every trade would accumulate over time and the price will also increase and it would look like you lost large amounts of value in US Dollar or Fiat terms, but those profits was never guaranteed.
You can make a lot more money now, buy buying and selling and trading and ignoring the few Satoshi that you are spending doing it ...than what you might have lost if the price tanked.
Managing the risk in your Portfolio is part of the fun and taking the profits now whilst the iron is hot, is also a better strategy.
Exactly. Any amount whether it is satoshi it still matters. Imagine that in every transaction you have made you always left a small amount of satoshi and if you accumulate them ever since the first transaction you've made this might become a reasonable profit if the market skyrocket. If Bitcoins value became more enormous the value of satoshi will increase as well that is why learn to appreciate it even if it has a small amount. You can make a lot more money now, buy buying and selling and trading and ignoring the few Satoshi that you are spending doing it ...than what you might have lost if the price tanked.
Managing the risk in your Portfolio is part of the fun and taking the profits now whilst the iron is hot, is also a better strategy.
I guess concentrate on profiting off in USD based on the coins you are currently using. The problem at hand is that you looked at coins comparison which are both volatile, forever changing. Your coin increasing in price based off of satoshi may not actually be it increasing at all, but rather satoshi increasing in price, and vice versa scenarios. This defeats the purpose of you watching over the coin seriously, since you think you profited, but you didn't, nothing actually really happened. Find a good pairing tbh. Concentrate on one or two pairings, instead of multiple ones, and once you get used to it, if you want to add more, keep doing so.
I think you could hold and trade at the same time to see what works best for you. People could feel pressured or frustrated if you keep insisting that they hold everything. I'd rather teach them to combine both for their own safety, if they can. Not really a good idea to keep all your eggs in one basket. Decentralize as much as you can.
Definitely the value is very important. I believe in trading there's a good timing. Perhaps we always bid for the best value of it. We must not ignore the current status or standing of rates, etc. We cannot just trade and trade knowing that you might loose the better value or otherwise trading it on the perfect time for its greater value.
really need USDT when bitcoin is quite difficult to maintain prices and cannot prevent the trend to fall, other than that I'm sure everyone is still trying to duplicate btc through the altcoin pair. traders also have a point where they have to secure balances, although in the end the concentration will still try to buy bitcoin in their long-term calculations.
Yeah, many newbie traders may not know those cases. They just want more USD on their hands which is bad business for me. 
Imagine you use fiat to pay daily expenses, ideally you want to get fiat more than anything (including bitcoin). That's just fine, many people want to cash out their Bitcoin for fiat and that's their choice and nothing is wrong with it.
Gain more bitcoin of course.
Try not to convert as always just because we are trading with USDT pair.
Every satoshi will count.
Bitcoin market moves like every second so it will always be profitable at the end unlike USDT.
Yeah, many newbie traders may not know those cases. They just want more USD on their hands which is bad business for me.
Try not to convert as always just because we are trading with USDT pair.
Every satoshi will count.
Bitcoin market moves like every second so it will always be profitable at the end unlike USDT.
Yeah, many newbie traders may not know those cases. They just want more USD on their hands which is bad business for me.
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?.
Final aim is to get more profit in USD dollar but for this I need to gain more profit in bitcoin you know. So when price is low, I mostly concentrate on when to sell bitcoin and how soon will I see low price to buy even more bitcoins, then I repeat the same process, mostly successfully but it's still hard decision for me. For example when price was 13K last year (in summer), I immediately sold my bitcoin and when price felt on 9K, I bought them back. I know it wasn't a good time cause we saw further fall but I am still satisfied with the result. Now I have even more bitcoins and waiting further rise to sell them and profit.For the sense of getting more volume it's good thing to get those extra satoshi if we really want to earn more when USD value rise but if you are not a holder and withdraw your profit always in Fiat then you shouldn't don't need those accumulation since the target is to earn via USD value. But for me whatever the figure it is aslong as I'm on positive in my trades I still on good shape for that whatever market situation bring up.
Trading and investing activity has the same goal, more profit in USD because all economy will ended with regulation and protection in this part we call it currency not bitcoin. Lost some satoshi value for bigger income is USD is predictable and acceptable, as long not in high value you're on the right track. All depend your calculation, bitcoin is only tools to get currency never deny it.
Yes more traders is always base in USD in terms of profit. If you think you lose because you lost some satoshi then recalculate it again in USD. We all know that bitcoin is volatile so you may expereince lost in sats always if the price of bitcoin increase the same if the price decrease you will not experience lost because you secured you fund in USD.This has been most commonly used by most of the traders and hence they are able to fill up their losses and land up on profits. In this situation, we gain profits from both perspective i.e we also tend to earn bitcoins/satoshi by constantly selling and buying and also is makes us able to earn a source of income in USDT or any other stable coin used to trade bitcoin with.
If you concentrate too much on the future value of every Satoshi, then you will never sell any of your coins and you will become a full time hoarder. Yes, the few Satoshi lost with every trade would accumulate over time and the price will also increase and it would look like you lost large amounts of value in US Dollar or Fiat terms, but those profits was never guaranteed.
You can make a lot more money now, buy buying and selling and trading and ignoring the few Satoshi that you are spending doing it ...than what you might have lost if the price tanked.
Managing the risk in your Portfolio is part of the fun and taking the profits now whilst the iron is hot, is also a better strategy.
You can make a lot more money now, buy buying and selling and trading and ignoring the few Satoshi that you are spending doing it ...than what you might have lost if the price tanked.
Managing the risk in your Portfolio is part of the fun and taking the profits now whilst the iron is hot, is also a better strategy.
I may suggest in aiming a high goal of getting profit and cover your losses from those goals. During trading, that is very common to have fees and in order to cover losses, dont cut your gain if you can't cover the entire fees including losses and that is a part of trading. Always do the math in every action you have and in which part you really gain too much. And to escape a losing point from the sudden drop in price you can divert to stable coins which USDT.
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?.
Final aim is to get more profit in USD dollar but for this I need to gain more profit in bitcoin you know. So when price is low, I mostly concentrate on when to sell bitcoin and how soon will I see low price to buy even more bitcoins, then I repeat the same process, mostly successfully but it's still hard decision for me. For example when price was 13K last year (in summer), I immediately sold my bitcoin and when price felt on 9K, I bought them back. I know it wasn't a good time cause we saw further fall but I am still satisfied with the result. Now I have even more bitcoins and waiting further rise to sell them and profit. 
I would agree that most of the traders do convert btc to usd after trading since it can prevent sudden losses however, though it would increase in value but for a day trader it won't matter much.
And besides, I always start with usd to trade and so for easy calculation of profit I'll end also with usd. Don't want to complicate things tho.
And besides, I always start with usd to trade and so for easy calculation of profit I'll end also with usd. Don't want to complicate things tho.
Trading and investing activity has the same goal, more profit in USD because all economy will ended with regulation and protection in this part we call it currency not bitcoin. Lost some satoshi value for bigger income is USD is predictable and acceptable, as long not in high value you're on the right track. All depend your calculation, bitcoin is only tools to get currency never deny it.
Yes more traders is always base in USD in terms of profit. If you think you lose because you lost some satoshi then recalculate it again in USD. We all know that bitcoin is volatile so you may expereince lost in sats always if the price of bitcoin increase the same if the price decrease you will not experience lost because you secured you fund in USD. sr. member
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I think lots of trade facing to this mistake, they though their balance grow but it actually decrease in bitcoin amount. Before trading, everyone should decide which kind of profit they want, bitcoin or usd. I think this decision is very important because it will help traders to decide which pairs to trade. For example, i dont really believe bitcoin can grow up too much in the future, so i calculate profit base on usd and i choose only top altcoin to trade. Because these altcoin can directly exchange to usd, price not effect too much from bitcoin pump/dump.
Trading and investing activity has the same goal, more profit in USD because all economy will ended with regulation and protection in this part we call it currency not bitcoin. Lost some satoshi value for bigger income is USD is predictable and acceptable, as long not in high value you're on the right track. All depend your calculation, bitcoin is only tools to get currency never deny it.
That change would be almost natural since the price of satoshi changes just as much as any other coin you are currently trading. Decide wether you want to profit off of USD or BTC, then find a pairing that best suits you. This is the reason why pairings are always decided before trading, to ensure maximum efficiency and to make sure you wouldn't make any mistakes in trading. If you were to take into account other coins while trading a certain pairing, it'd be quite a mess tbh.
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This advice totally depends on your intentions in the first place, supposedly you're trading to increase the amount of bitcoin you have then focusing on the Satoshi value of a trade comes in handle or becomes more important but in instances where you sole purpose for trading is to profit in value of the coin then it doesn't matter whether you lost some satoshi in the process of profiting. The end goal is that you increase the value of the money you had prior to trading.
Most traders don't have a plan that's why they get confused in scenario like this, you should have a plan on what you need from a trade before you jump right into trading. Something alts gain value in USD but losses value in Satoshi, vice versa is the case sometmes too although that doesn't mean such trade will be a loss since different traders want different result but still in a profitable form.
Bitcoin value increasing when they're a spike in bitcoin so if your trading had nothing to do with cashing out in bitcoin but another alternative currencies then you can always cashout through other alts or stablecoin to avoid feeling unsatisfied with the trade result due to recieving lesser bitcoin then what your capital was when you funded the trade.
Most traders don't have a plan that's why they get confused in scenario like this, you should have a plan on what you need from a trade before you jump right into trading. Something alts gain value in USD but losses value in Satoshi, vice versa is the case sometmes too although that doesn't mean such trade will be a loss since different traders want different result but still in a profitable form.
Bitcoin value increasing when they're a spike in bitcoin so if your trading had nothing to do with cashing out in bitcoin but another alternative currencies then you can always cashout through other alts or stablecoin to avoid feeling unsatisfied with the trade result due to recieving lesser bitcoin then what your capital was when you funded the trade.
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?.
Common mistake mostly for noobs or to those who do just start on trading.We cant really remove on ones mind not to think about usd value because when we do first buy our coins we do mind on how much we have bought and when you trade this would be your first priority in mind on getting it bigger in usd value and trading carelessly without even realizing that your satoshi value is decreasing due to price volatility.You will sooner realize this mistake just like i did and same as yours too.We have to put in mind that no matter what would be the usd value,if you do aim on accumulating more bitcoin then this is what matter most.
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.
Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value.
You need to lose something in order to gain another. If you sell something you don't expect to have the same value/quantity you have beforehand, with that kind of mindset you'll just be afraid to trade or do the right move in the process. If you are still worried about the quantity of your BTC I think the best thing for you to do is to short Bitcoin so that if you buy Bitcoin again at a cheaper price you'll gain more BTC while still earning some profit if you decide to just re-invest your capital.
This is how trading works. You will lose something in exchange of another.
And that is not really new in trading. So it depends on your current needs.
It is your own priority in a given situation, if you don't need your fiat, then better stay in btc.
But if that situation calls for the conversion of your crypto to fiat, along the way, you will really lose some satoshis other than the fees involved.
When we are trading most of the time, we are looking for the highest value, but we didn't see the potential of the small number of coins. In just a single change of cost, there is a lot of changes in the market and always observe when the price is going down or up by that simple knowledge you can take this as an advantage to earn a lot of profit. Sometimes the basic understanding of buying low and sell high is very useful.
Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value.
You need to lose something in order to gain another. If you sell something you don't expect to have the same value/quantity you have beforehand, with that kind of mindset you'll just be afraid to trade or do the right move in the process. If you are still worried about the quantity of your BTC I think the best thing for you to do is to short Bitcoin so that if you buy Bitcoin again at a cheaper price you'll gain more BTC while still earning some profit if you decide to just re-invest your capital.
This is how trading works. You will lose something in exchange of another.
And that is not really new in trading. So it depends on your current needs.
It is your own priority in a given situation, if you don't need your fiat, then better stay in btc.
But if that situation calls for the conversion of your crypto to fiat, along the way, you will really lose some satoshis other than the fees involved.
I always aim to earn more in Bitcoin than I do with any fiat currency, especially with USD and when I'm trading altcoins, because I've always believed in cryptocurrency more than any fiat system out there. I also like to plan for the longer term with Bitcoin as I expect it'll go up in the future, and trading's one way that I'm actively expanding my stash of cryptocurrencies at the moment.
It really depends what you're going after in the end and thus your personal preferences. I know plenty of people actively trading primarily for USD gains too, and they're doing just fine at the moment.
It really depends what you're going after in the end and thus your personal preferences. I know plenty of people actively trading primarily for USD gains too, and they're doing just fine at the moment.
Obviously, the value with satoshi should be superior. But that may also change depending on situation. e.g If you need BTC in USD after the last trade, the USD may be superior. However, the value of altcoins with BTC is more important since I am mostly engaged in short term trade. So, the value of BTC is volatile against USD. And at the time of trading, 1BTC=1BTC, which is a fixed value to measure the profit or loss. Besides, you can also replace BTC with stablecoins, but the results will be different in this case.
Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value.
You need to lose something in order to gain another. If you sell something you don't expect to have the same value/quantity you have beforehand, with that kind of mindset you'll just be afraid to trade or do the right move in the process. If you are still worried about the quantity of your BTC I think the best thing for you to do is to short Bitcoin so that if you buy Bitcoin again at a cheaper price you'll gain more BTC while still earning some profit if you decide to just re-invest your capital.
I am mostly concerned about keeping the satoshi value as well, just because I maybe want to trade it for Bitcoin in the future.
And I definitely agree that you always need to keep a eye on the satoshi values when trading, but sometimes it is very hard to do.
I was trying to make a google doc keeps a eye on the satoshi and dollar value for my most important Crypto currency, but I couldnt get it automated the way I wanted to, maybe someone here has a tip for me on how to do that?
And I definitely agree that you always need to keep a eye on the satoshi values when trading, but sometimes it is very hard to do.
I was trying to make a google doc keeps a eye on the satoshi and dollar value for my most important Crypto currency, but I couldnt get it automated the way I wanted to, maybe someone here has a tip for me on how to do that?
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?.
Very much based on what profit you are looking for. I would say rely on the satoshi you can get is much important that the USD because it also meets with the fundamental side of Bitcoin (every Satoshi you have might be very valuable in the future) but for those who are trading based on USD value, then go on!
There is nothing wrong in both way.
It's depends from your trading goal. If you want to cash out asap you traded your coin, just focus on USD and if you are thiking to invest and hold bitcoin more, just trade it into bitcoin. Its simple as that
I am just much concern based on what I use as pair on Trading.
Like I have USD and decided to trade it with pair BTC-ETH, so before I can trade on that pair, I'll need to exchange my USD to BTC/ETH first.
But in that case, you will not really feel it if you are winning in your trades based on BTC pairs. But it also depends on how much the price of Bitcoin changed.
There are times especially when you are lost some in trading, that in your mind: "Much better if I never traded, and I just hold my BTC for more USD value of it".
Like I have USD and decided to trade it with pair BTC-ETH, so before I can trade on that pair, I'll need to exchange my USD to BTC/ETH first.
But in that case, you will not really feel it if you are winning in your trades based on BTC pairs. But it also depends on how much the price of Bitcoin changed.
There are times especially when you are lost some in trading, that in your mind: "Much better if I never traded, and I just hold my BTC for more USD value 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?.
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