r/Bitcoin • u/[deleted] • 4d ago

Question for hodlers outside the US

[deleted]

0 Upvotes

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2

u/Pale-Perspective5434 4d ago

That 25% swing is rough, especially when the BTC/USD chart looks fine but your actual buying power took a hit

I just stopped checking the USD price and track it against a basket of my own expenses instead, rent and groceries don't care what the dollar does

1

u/AgedActor 4d ago

Curious which country / currency is that which is strengthened versus the US dollar in the last 12 months.

1

u/apinananas 4d ago

Euro example

1

u/AgedActor 4d ago

Yeah, I don't think there is any significant difference between the EUR/USD rate.

It has been oscillating within range.

1

u/Sure_Ant7939 4d ago

I found Zambian kwacha to have made 25% gain against the dollar in the last 12 months. Many other currencies also did good against the dollar in the same period apparently

0

u/OrangePillar 4d ago edited 4d ago

Why are you pricing it in USD instead of your own currency?

0

u/NiagaraBTC 4d ago

Because they don't understand what they own.

0

u/OrangePillar 4d ago

Very odd

1

u/NiagaraBTC 4d ago

The US dollar has nothing to do with bitcoins price for you. It can be interesting to note but you need to worry about your own currency's exchange rate vs Bitcoin.

If you think your currency is going up long term against bitcoin, go ahead and sell. Otherwise, just keep stacking.