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Daily reminder to make sure you trade on BTC value and not Fiat

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Thread replies: 12
Thread images: 4

Daily reminder to make sure you trade on BTC value and not Fiat value.
Take for example Litecoin, I mined 20 I. 2014 and missed the first pump and it dropped down to a pittance. I traded it out when it was $39 thinking it was going to do the same thing, but looking at the BTC price, seems I may have made a decent trade. Yes I could have gotten more, but you can't time the market, so they say.
>>
Here is where I made, quite literally, 100% profit
>>
>>3021845
You're fucking dumb. What are you actually going to do with bitcoin? You can't buy a house, you can't buy a car, it's useless for now. It doesn't matter how much you're making compared to others. All that matters is how much you're really making. Always compare against your countries own, spendable currency.
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>>3021906
You're the moron. I sold LTC when it was "$39," but if you look now, I sold when it was worth more in BTC. Now it may be $47, but the BTC value is LESS than when I sold it.
>>
>>3021906
>you cant buy a house, you can't buy a car
uh, yes you fucking can, retard
>>
>>3021906
bitcoin price isnt tied closely with any nations currency, and ltc and other alts have no relationship whatever. also you can buy anything with bitcoin. get rekt.
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File: 1500438482624.gif (2MB, 288x377px) Image search: [Google]
1500438482624.gif
2MB, 288x377px
>>3021930
>>3021938
>>3022100
>Missing the point this hard
The cryptos you own are only ever worth as much as they are in your country's currency.
>>
>>3022128
>gets called out for being a fucking retard
>"no u"
>>
>>3022139
Literally what everyone was doing to me. Now refute my points, dumbass.
>>
File: IMG_1920.jpg (131KB, 535x798px) Image search: [Google]
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131KB, 535x798px
>>3021906
>>
>>3022128
Yeah, and I'm saying that the value changes. I sold my LTC when it was $39, but today that amount of LTC is worth $58. I'm not saying anything about value you fucking mong, I'm saying TRADE in BTC.
>>
>>3022490
That is fair, I was pretty mongy.
Thread posts: 12
Thread images: 4


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