Replying to Avatar Cyber Seagull

Liquidity and risk. I like monero a lot, but price movement in a larger asset takes more energy for less change.

If Btc is at 10,000$ and you have 100$ in it, if it loses 5% value you lose less than 100 dollars in XMR at 200$ each that loses 5%.

5% loss in Btc is larger in nominal terms, but not in your share.

Pushing an elephant is harder than pushing a rhino.
Avatar
LogicallyMinded 2y ago

I’m not sure I understand the math from your example but to your point “price movement in a larger asset takes more energy for less change”, while I agree in principle, #BTC and #XMR have seen about the same price movement in the last bull/bear cycle. Also, #Bitcoin is a lot more leveraged than #Monero which offsets the fact that Bitcoin takes more capital to be moved.

Reply to this note

Please Login to reply.

Discussion

No replies yet.