How do you measure altcoin value? Do you measure it in terms of bitcoin, or in terms of USD? Which is more important to you?
Asking this because, one can have huge profit in terms of USD in alts and at the same time, a huge loss in terms of bitcoin.
So which one is it for you? Especially in trading of course.
I measure altcoins in usd because usually if we measure new coins in bitcoin, this seem to have equal to a very little fraction of bitcoin.
It is confusing sometimes to measure a low value coin like $0.01 in bitcoin. Also it will hold me back in processing investments to such a distracted coin.
I especially use litecoin, ethereum, bitcoin for trading, these are major coins in the market