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No. A 20% swing is a 20% swing, no matter the current BTC/USD exchange rate. If you hold 10% of your portfolio in Bitcoin and Bitcoin goes up 20%, your portfol
by ArtTimeInvestor 3y ago
No. A 20% swing is a 20% swing, no matter the current BTC/USD exchange rate.
If you hold 10% of your portfolio in Bitcoin and Bitcoin goes up 20%, your portfolio gained 2%. No matter what the BTC/USD exchange rate was before the 20% increase.
If you agree to pay 1 BTC for something and the BTC/USD exchange rate goes up by 20%, the price you pay in Dollar went up 20%. No matter what the BTC/USD exchange rate was before the 20% increase.