Re: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today!
It seems on Slack they don't understand profit either. "People bought at $0.20-$0.25 USD and now it is at $0.50 USD, they doubled their profits!".
@CryptoBuds 'll make it easy for you... You are walking home with 50 cents... Your initial investment was 25 cents. Take 25 cents away from the initial investment and you have 25 cents left. You have doubled your investment! Their is no profit until the coin is exchanged to Fiat!
But if they would look at the satoshis, the would realize they would have more or the same if they just kept their BTC. I guess they use the monetary format that makes things look rosey.
Your statement is not applicable because this investment is IONs (not BTC) and value over time (USD price) is usually used because the dollar's value remains stable currency on daily basis and value of the satoshis varies by the minute[/color]...
If investors of ION would have kept it in BTC they could cash out immediately without tanking the market like you would with ION and retain at least x2 profit over ION.
Is this your investment advice for ION investor? a wish done in the past? if they kept their BTC
Will you be holding your BTC bags when the burst happens
I don't think you caught the hint that this was an very long ION thread in theAltcoin discussion area! and NOT a BTC thread?