Do shitcoiners understand this concept?

[Anonymous No.25642376]

Price go up but satoshis go down.

[Anonymous No.25642394]

>>25642376
Zoom out fren

[Anonymous No.25642415]

>t. Btc maxi

[Anonymous No.25642421]

>>25642376
anyone who doesnt understand this simple concept after few days of researching crypto should quit, like right fucking now.

Satoshi is the only way to measure level of "making it"

[Anonymous No.25642459]

>>25642421
>>25642376
NGMI in the real world

[Anonymous No.25642504]

>>25642376
Fuck off I got fucked up by the altoona season that never started

[Anonymous No.25642548]

>>25642376
I'm accoomulating link against btc and thats the only viable stratrgy at this point. Zoom out and look at august.

[Anonymous No.25642788]

>>25642459
Absolute retard. Investment banks don't talk about how well their portfolio is doing in USD. They talk about it in terms of excess alpha, usually compared to a broad ETF like SPY.
BTC is the SPY of crypto. Your portfolio's performance is measured against BTC as a benchmark, because any normie can go BTC maxi, and if you can't outperform a normie, well...

[Anonymous No.25642809]

>>25642788
Thats why Algo is a fucking steal, shits eating up sats

[Anonymous No.25642906]

>>25642788
>>25642376
>>25642421
That literally means nothing u morons lmao.

The dollar price is accurate on a cashout because you convert to bitcoin then cashout and the value stays the same.

satishi goes down because bitcoin is fucking mooning u dumbasses lmAO

[Anonymous No.25643261]

>>25642376
This only means that link has more room for growth given its market share. Thanks OP

[Anonymous No.25643288]

>>25642376
It means that Bitcoin outperformed Chainlink within that timeframe.

What is your point?

[Anonymous No.25643331]

>>25642421
>Satoshi is the only way to measure level of "making it"

Then explain why satoshis are measured in fiat.

[Anonymous No.25643345]

>>25642906
Anon, you're embarrassing yourself here.

[Anonymous No.25643356]

>>25642788
>hurrrr it's a competition

You do not want to go down this road, trust me.

[Anonymous No.25643409]

>>25643288
That is their point. It's like picking a stock that goes up by 10% when the index goes up by 20%.

[Anonymous No.25643469]

>>25643409
10% is 10%

And if you cherry pick hard enough, indexes outperform even the absolute single best stock in specific timeframes.

[Anonymous No.25643493]

>>25643409
and? you're the retard here. He could have invested his fiat in other stocks that mooned. so why compare it with btc and not tsla stock?

[Anonymous No.25643547]

everybody who price thing in alt/btc instead of alt/usd is a retard.

[Anonymous No.25643584]

>>25643547
This.

Even if the only trading pair for your alt is BTC, it does not matter because BTC itself is valued in fiat.
Everything you measure in BTC is always automatically measured in fiat.

[Anonymous No.25643585]

>>25642376
i don't know or understand anything about economics i just buy the coin with the most 0s after the decimal point and sell when it hits $1

[Anonymous No.25643604]

>>25642906
And if BTC is mooning over a sustained period and your shitcoin isn't, what does that say about your strategy? Hm?
>>25643356
The moment you start actively managing a portfolio, you've started competing against the market, because you're saying that you can beat the market.
Hint: go back and read my post again. Where did I say the normie was wrong?

[Anonymous No.25643645]

>>25642809
How much algo do you recommend?

[Anonymous No.25643662]

>>25642376
I understand. Do you?

[Anonymous No.25643687]

when you buy stocks do you retards check your pnl in gold? do you price tsla/gold when you trade?

[Anonymous No.25643698]

>>25643584
And this is like saying that you can ignore how a mutual fund is doing vs SPY, because SPY is valued in dollars, so you should be valuing your strategy in dollars too.
This is the standard response that's given by the Peter Schiffs of the world trying to justify their management fees when their actively managed portfolio isn't beating a janitor DCA'ing into SPY.

[Anonymous No.25643733]

>>25643604
link has outperformed btc since it was listed

[Anonymous No.25643743]

>>25643604
>And if BTC is mooning over a sustained period and your shitcoin isn't, what does that say about your strategy? Hm?
>"over a sustained period"
i.e. a cherry picked period.

>The moment you start actively managing a portfolio, you've started competing against the market, because you're saying that you can beat the market.
Beat the market, yes.
But not beat the top performer.

[Anonymous No.25643755]

Link will end up out performing BTC IN SATS in the long term

[Anonymous No.25643765]

>>25643698
>comparing bitcoin to an etf
btc is priced in stable fiat currencies and stable fiat currencies are the only way to measure your purchasing power, you mongoloid.

[Anonymous No.25643777]

>>25643698
>mutual fund is doing vs SPY
We're talking about individual assets.

[Anonymous No.25643841]

>>25643687
if you aren’t performing SPY then you should just buy SPY.

i’m heavy link and won’t lie that the last few months are brutal but i’m still more than double my sats from a year ago and even more so from two years ago. when btc maxis gets cocky is when alts pump the hardest and vice versa

[Anonymous No.25643929]

>>25643841
Isn’t ARK a better buy

[Anonymous No.25644068]

>>25643698
>>25643841
This whole comparison to the stock market is bunk btw; it creates a false dichotomy between crypto and legacy finance.
You're not comparing alts to BTC like you compare stocks to indexes; you can compare alts and BTC to indexes as well.

And in the end, everything is valued in fiat.

[Anonymous No.25644127]

>>25642788

Link outperformed both BTC and ETH from Jan 2020 until now therefore Link would have a huge positive alpha. Keep seething retard, if I wanted to buy btc I would have done it a year ago.

[Anonymous No.25644176]

>>25643743
> i.e. a cherry picked period.
That "cherry picked period" for BTC is ten years. There were forks of BTC almost immediately, how well are Litecoin and Dogecoin doing, again?
> Beat the market, yes.
> But not beat the top performer.
Except the top performer is the lingua franca of the entire industry. We're not taking some Luigi.finance that emerged out of nowhere that's probably a PnD.
>>25643765
You haven't disproven me in the slightest, because again, the same argument applies for ETFs, I can't pay my rent with my Vanguard holdings, but fine. I'll play by your rules.
How much purchasing power has your shitcoin given you over a sustained period? How much purchasing power would BTC have? You're already thinking of a ratio between the two, I'm guessing? That's all that measuring in sats is. When your shit coin is bleeding sats, you have less purchasing power in fiat than you would have in BTC. When it's gaining sats, you have more.
I'm out of this thread, enjoy when shit coins crash.

[Anonymous No.25644209]

>>25643841
yeah and how do you calculate your profits with SPY? that's right, in usd.

[Anonymous No.25644249]

>>25644176
>That "cherry picked period" for BTC is ten years.
No, it's whenever certain alts became available.

>Except the top performer is the lingua franca of the entire industry.
1) no, the top performer is the top performer. The lingua franca is shit like indexes and funds.
2) Bitcoin is in no way the top performer compared to a lot of alts over the past few years

[Anonymous No.25644263]

>>25644176

Go back to applying the CAPM to your boomer stocks or calculate the Sharpe ratio, while I’m up 8000% since 2017 in Link. Absolutely hilarious

[Anonymous No.25644314]

>>25644176
you're a fucking moron, period. when alt bleed in sats it means that it is CURRENTLY, during a SPECIFIC TRIME FRAME, underperforming btc. so YES, during THAT SPECIFIC PERIOD, holding btc would have been better. but guess what retards, alt/btc can pump hard any minute when whales decide to diversify some btc into good alts.

[Anonymous No.25644549]

>>25644176
the last ~6 months is the only timeframe btc has outperformed link. anything longer and link wins handily. did you miss out on a chance to increase your btc holdings?