QUOTE(mastermindsos @ Sep 16 2020, 06:11 PM)
The stronger our currency is, the lesser profit we will get after currency conversion?
I have profit in USD (44.00), but loss in RM (-109.20).
I am contemplating if this is not a good investment.
Please give me some of your valuable advice.
I think I should look in longer term, perhaps my 2 months view into this is still too early. (I started late July)
Don’t be penny wise, pounds foolish.
Ask yourself, do you hold more ringgit or more USD on hand? Why frown when your 44USD is less valuable, when all of your other assets is in MYR?
If anything you should be happy that you can buy more USD now since it is cheaper. Think of it the other way, what use is your 44USD profit when your other MYR asset is weak?