Should we measure our investment returns in fiat or in BTC? Does it only depend on when you want to cash out in fiat?
I've been measuring my investment returns in fiat, and it was almost always going up. But when it comes to BTC it actually went down. Should we cash out our alts into bitcoin and accumulate more?
If you're interested in the topic and have similar dilemma, then I recommend you watching this video:
https://www.youtube.com/watch?v=FkKYuoRg6jMI prefer measuring profit in fiat, because this way it surely goes up more, than if I consider bitcoin. I don't use bitcoin in real life, so I guess fiat profit is more reasonable. Yet surely I try to keep in mind that sometimes I take some btc and buy an altcoin which then gives me 2x profit if counted in usd, but if I just kept that money in bitcoin, it would have given me 3x profit in usd. It is really unbelievable that one can make thorough research and invest successfully in an altcoin and smb else can buy btc and do nothing and in the end turn out to have higher profit than you did.