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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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5336407 No.5336407 [Reply] [Original]

shower thought: When it runs up 30% in one week, people beg for a dip. When it dips 30% in one week, people scream that the 'bubble' has popped.

>> No.5336433

>>5336407
should be a sticky at the top of the catalog.

>> No.5336456

>>5336407
>shower thought

>> No.5336458

this is bad

>> No.5336461

>>5336407
>>5336433
hear hear, upboats all around hodlbros

>> No.5336466

>>5336407
Here's why:

Phase 1: 100*1.3=130
Phase 2: 130*.7=91

DO YOU FUCKING GET IT?

>> No.5336514

>>5336466
Please elaborate.

>> No.5336530

>>5336407
Welcome to /biz/ the mad wonderland of pink wojacks

>> No.5336564

>>5336514
Same percent change, but more fiat value lost on the downtrend.

>> No.5336574
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5336574

>>5336514
Really?

You're better off not owning something that goes up 30% and down 30% in a 2 week period - you start with less than you began with. I'm assuming USD value in this situation. Clearly accumulating satoshis is a fucking waste if your "index" of value (BTC) can fluctuate 10-15% in a day.

>> No.5336603

>>5336574
you end with less than you began with******