in trading you just dont see the green and red numbers on how they went up or down
it must be taken note that always check the value of the coin first before saying that it really went up or down
for example: bitcoin is up (green percentage) by 4 percent but the value is 6000$
and compare it to bitcoin who have red stats and the value is 10000$
you get what I mean? the ups and downs percentage is significant but the price value is what really matters
before deciding to buy a coin check first the value, the chart and the status
PS. merits are always welcome =)
it must be taken note that always check the value of the coin first before saying that it really went up or down
for example: bitcoin is up (green percentage) by 4 percent but the value is 6000$
and compare it to bitcoin who have red stats and the value is 10000$
you get what I mean? the ups and downs percentage is significant but the price value is what really matters
before deciding to buy a coin check first the value, the chart and the status
PS. merits are always welcome =)
I understand what you mean (atleast I think).. but the percentage does matter if you are a day trader.. the price of bitcoin starting the day is irrelevant as long as the value when closing the trade is higher... I put a lot of emphasis on percentages since daily percentage goals are easier to hit and consistantly feed your accumulation stacks more.
For example a trade on TRX or TRON back in january that gave 250% in a few days is a much more significant trade than BTC doubling in value.. I'd almost argue that percentages are the only thing that matters.
Now obviously if youre just hodling a long time and aren't actively day trading your examples become a lot more relevant.. I just don't see why so many people don't participate in these crazy ups and downs at least some.