Post
Topic
Board Trading Discussion
Re: Altcoin Trading
by
Opekin
on 27/04/2018, 11:41:01 UTC
I'm a little bit confused guys. For example The situation is you bought an altcoin for 1 btc, let's say 1btc=10,000. so you bought an altcoin and you gained a profit so your 1btc became 1.2btc and you sold iyour altcoin for 1.2btc, but the value of btc drops let's say 1btc=9,000.. that way you will lose right? but will you regain your money or profits if the value of btc comes back to 10,000 another day? and you will have the 1.2btc=12,000? is that right? thanks for your answers.

Sorry because I didn't deliver it fluently but for those who understand what I mean, can I ask your opinion? Thanks! 
I am a trader, and I can tell you that this is a profitable deal. All traders are aiming to increase their Bitcoin numbers through trading, which may be in dollars lower than before, but everyone knows that Bitcoin will go up quickly and not worry about this.
That can be called as profit maybe he doesn't recognize it because in bitcoin value it was been dump but in Bitcoin amount he gains so the thing is when bitcoins pumps back it will be a double profit. If you want to fully understand this numbers game you need to compute your earnings in which you prefer either in dollar or in satoshi's.