Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
xhomerx10
on 07/12/2018, 14:58:21 UTC
Quote from: d_eddie on December 07, 2018, 02:45:23 PM
Quote from: xhomerx10 on December 07, 2018, 01:40:21 PM

Quote from: babanana on December 07, 2018, 07:50:51 AM

You lose smaller on bear market than in bull.

(snip)

Don't give up on your coin so easily.

 Say you had a finite amount of fiat to invest; make it US$30k -
You spend US$30k to get ten US$3k Bitcoin which subsequently drop in value to US$2k Bitcoin - you would be hodling Bitcoin worth US$20k of your initial US$30k investment.
OR you spend US$30k to get two US$15k Bitcoin which subsequently devalue to US$10k Bitcoin - you would be hodling Bitcoin worth US$20k of your initial US$30k investment.

Are you saying you "lose smaller" psychologically or am I so burned out from working night shifts that I am unable to comprehend a bigger picture here?  I can't see the difference.
No difference if you account in fiat. The accounting unit makes the difference. Lucid Homer should know better. Capitulating, are we?  Tongue

 Never.  Staying on this ride and lining up to buy moar cheap tickets.