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/biz/ - Business & Finance

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12064591 No.12064591 [Reply] [Original]

>buy shitcoins for 100$
>they go +50%
>gain 50$
>they go -50%
>lose 75$
This game is fucking rigged.

>> No.12064621

bitmex is more rigged.

>> No.12064628

>>12064591
>buy shitcoins for 100$
>they go +50%
>gain 50$
do more of this
>they go -50%
>lose 75$
and less of this

>> No.12064643

math is a scam

>> No.12064646
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12064646

>>12064628

But thats not the /biz/ way fren

>> No.12064674
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12064674

>>12064591
http://www.percent-change.com/index.php?y1=100&y2=150
http://www.percent-change.com/index.php?y1=150&y2=75
hmmm

>> No.12064731
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12064731

>>12064591
>goes 50%
>cash out 50
>goes -50%
>cash in 50
On a long enough timeline, if the underlying is solid, the former will happen more than the latter.

>> No.12064746

>>12064591
that's why you have to use stop losses or you're going to have bad time

>> No.12065017
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12065017

>buy shitcoin for $1

>goes up x100
>gain $100

>goes down x100
>only lose $1

>> No.12065939

>>12065017
>>>>>>this

>> No.12065959
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12065959

>>12065017