"I made $1,000 in poker this month, I should have not played poker and kept my money in bitcoin because I would have made $1,200 if I kept my cash in bitcoin... since I have to convert my money to bitcoin to get it on the poker site"
So you actually lost money by playing poker compared to just holding bitcoin. Why not just keep it as bitcoin then?
Exactly! Because what I wrote above is not true. I would have lost money keeping my cash as bitcoin. I moved it on the poker site when bitcoin was $740. The point is, you're Risk/Reward equation is going to be out of control if you use bitcoin for your investment decisions. But its all good, we all have our own style. You can do yours in terms of bitcoin, I will use USD.
I think you misunderstand. Whether thinking in fiat or not people would have had more dollars, pounds or whatever if instead of joining the ICO they had kept their BTC as BTC.
They would have had even more if they had then bought WAVES when it hit 21K after the ICO rather than buying it during the ICO. That is the point I'm making.
Saying that you are up in fiat terms is way of putting positive spin on the situation but it doesn't change the fact that buying into the ICO actually resulted in a loss.
I do understand that you are saying that you don't normally keep much BTC and only buy it to purchase alts or gambling tokens but I think you are in the minority.
I (and I suspect many others here) keep a balance of bitcoin and altcoins all the time in preference to fiat money. If I hadn't bought into the ICO those Bitcoins would have just stayed in my wallet and risen in value.
Anyway as WAVES moves forwards this will become less important.
The potential here is huge as many of us know.
