Bitcoin vs Fiat Profit Dilemma - Why the Bitcoin trade pairing matters

When investing in cryptocurrency, it's important to understand the difference between fiat gains/profits and Bitcoin gains/profits. Sometimes, you can make significant fiat profit, but you would have made much more if you'd simply "hodled" Bitcoin. Let's talk about why both the Bitcoin trade pairing and Fiat trade pairing are both important.

Tweet that sparked this video inspiration from Ran Neu-Ner:
https://twitter.com/cryptomanran/status/937298106894438400

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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**

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I don’t see the point in cashing out on collapsing fiat when you can simply buy stuff with crypto...

If you want stability (without the Tether risks), then it makes sense to cash out into fiat for a stable currency

After watching this video, I analyzed my portfolio and found that I was trading at loss on the basis of BTC value. I could have earned more had I kept my btc in the wallet. Thank you for enlightening us.

Happy to help a small bit!

Profits is profit but ultimately unless you cash out profits you've made none.

If i want to sell some bitcoin pieces, would you buy from me?

I first want to start off by saying this is great content . My strategy is mainly long term so I read the market in comparison to bitcoin instead of USD or fiat . Your doing a great job educating and lending that helping hand I needed when I first got into this space . I think a lot of people should follow your tend at the end of the day we’re all one community anyways . Thanks for your content

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This is what I'm thinking, people tempt to cheat themselves, they are not looking at how many bitcoins that they own...its the fiat is more important to them well its just a traditional habit that can't be deleted haa cheers

Crypto is pulling civilization into an awakened new, real-free world.

Governments and the elite few that have created a system throughout histories have done so to keep them in their positions of power and control the majority with debt and a false reality.

Many concerns with Bitcoin and other crypto currencies has to do with accessibility to this new tech and a large part of the world does not have internet or even electricity.

As fiat loses value compared to crypt currencies, companies and people with crypto currencies would accept fiat less and less. Eventually wages would increase for those being paid in cash as the dollar system crumbles.

The world's cash will be dumped into the hands of the hard working system ants and these 'poor' communities would have a system to transact and build them selves up, until they can join the CRYPTO REVOLUTION.

Viva LA FREE WORLD!

I'm new to crypto and Steemit is my first venture into it and in a small way. So the last time I bought Steem to get me over the 500SP mark I purchase a small amount of Bitcoin and sat on it for a few days and converted into SP making a small profit to cover the transaction fees.

So, what I conclude from you is, buy other crypto's that are on the move and use those profits to buy in further into Bitcoin ?