Reminder you need 233% gains to get back from your 70% loss

reminder you need 233% gains to get back from your 70% loss

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reminder only idiots lost money

>5% gain to recover 5% lost
>11% gain to recover 10% loss
>233% to recover 70%

Fren can you explain

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Hmm... apparently I'm doing well with 9.86% loss and 12.5% gain over my first year of trading. Nice to know.

Jokes on you I only have a 59% loss

Explain why don't I need +70%

jokes on you faggot, I sold everything last June.

This is the state of biz...

If you lose 90% of $100 you have $10. If you gain 90% on $10 you now have $19 dollars. You need many many hundreds of percent gain to get back to where you were

It’s math fren.
If you start with $100 and lose 50% you now have $50. To get back $50 using $50 it needs to go up 100%. (50*2.00=100)

$100
-70%
$30
$100/$30=3.33 or 233%

Thanks for pointing this out to the brainlets, but it doesn't really mean much. All it shows is that gain and loss is looked at from a different perspective (base amount). If the market dumps 50% then recovers back to where it was you will have regained your funds. It's just that technically the recovery is a greater % increase than the dump. There is no evidence however that looking at gain from this perspective is related to how easily you could regain your profits/how market mechanics work. Trolls for brainlets.

Don't gotta tell me pal

You’re wrong. You should always be thinking about gains and losses in terms of percentages. That’s the point. It’s not a “technicality”.

what kind of negro wizardry is this?

>mfw I need LINK to 400% just to break even

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joke's on you, I already got those 233% gains. I'm in the green at the fucking bottom. gg no re

pajeeted
if you can wait at least a year link will beup 4000%

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Actually, how does this work

If I have $5000 and 2000 sats and goes to 3000 sats I have $7500. But if it falls back to 2000 sats I'd have $6500? Because, 3000 sats to 2000 sats is 33% but 2000 to 3000 sats is 50%

You always count from you initial investment so this is bullshit. Fucking "intelectuals", I can't wait for the day of the rope.

Thank You for reminding me and my blownout portfolio.. ugh

The amount you invest never changes. You either measure it in USD which will be $5000, or you measure in sats (for non-bitcoin coins) which would be 2000.
If you started with 2000 sats of something and now its worth 3000 sats, thats +50%. If it goes back to 2000 sats, then youre at +0%.
This is why measuring in sats is a meme, it doesn't tell you what the value of y our holdings actually are. Your investment could go up to 10,000 sats and still be worth less than $5000 (This can happen because bitcoin went down but your coin went up a lot more).

Don't tell me that there seriously are people in this board that thought that being -70%, they only needed a +70% to break even.

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remind if you are investing in crypto to make 233% gains you are an absolute retard

If you lose 90% of 100 dollar you have 10 dollar. You put in 500 dollar. Now you have 510 dollars. You gain 90% of 510 dollar that's 969 dollars.

That's a 369 dollar gain.

I only need a 67% gain to get back to my ath

Yeah, you should be trying to make 10,000% gains

You measure in sats with the underlying belief that sat value will appreciate against the dollar in the long run, and if you're losing sats then you would have just been better off investing in BTC with less risk.

Then you should have bought tether user

Haha jokes on you user, I already sold at the bottom for an 80% loss so I don't need anything now.