Bit of a newb question here, but it has to do with selling my altcoins. So I bought Ethereum when it was $200, and now I want to sell it. Make a nice little profit there.
But wait! Now bitcoin has gone up to $3100. When I bought the ETH, Bitcoin was only at about $2500.
Am I losing anything? Am I gaining anything? Or has nothing changed? This one is a bit of a mind bender for me.
I am sure you gain profit if you are selling ethereum. maybe you loss a chance to make a long term investment on ethereum because you sold in let say for example $240. i think you don't need to take a look with bitcoin, but in this case you bought ethereum, so you only need to watch ethereum pair usdt to see how much the price now if you decide to sell.