Quote from: Omega Weapon on February 15, 2020, 08:15:42 PM

Quote from: QueenVera on January 14, 2020, 03:00:22 PM

Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process.

This is very true, many times I see people bragging about their profits and when I see their results I discover they have made more money by just holding bitcoin, and what it is the point of holding an altcoin if that altcoin is not going to outperform bitcoin? When you think about it this does not make sense which is one of the many reasons for which I am really careful when I decide to invest in altcoins and as soon as it seems I am losing some bitcoin I sell them.

That is a good investment strategy I must say. For investors who really take into account the satoshi value or bitcoin value of their coins as compared to the US dollar value this is really helpful, they can ensure that their investments don't depreciate in value as they jump from one cryptocurrency to another. As per people who base their investments through dollars though I will say that this is not that helpful for them, but the fact is that US dollars have lesser growth potential than satoshis. That's why much more people are afraid to lose bitcoin than to lose dollars in this industry. However, satoshis and bitcoins still pretty much depend on US dollars at this point so it's still unfair to just shrug them off.

Quote from: QueenVera on January 14, 2020, 03:00:22 PM

When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.

This also comes at a risk, cause without enough assessments you might mistakenly pull out an investment that could've hit a spike, the profits are gone, and you can't get it back. So it's always vital to review your investment strategy every now and then and observe the market graph in order to create the best decision at a certain given situation.