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

/biz/ - Business & Finance


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5338399 No.5338399 [Reply] [Original]

w-we'll recover r-right guys? 30% of my monopoly money didn't just disappear in a day, right?

>> No.5338452

this is just shit

>> No.5338573

>>5338399
sell while you can its still going

>> No.5338600

>>5338399
HAHAHAAHAHAHAHAHAHAHAHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAAAHAAHHAHAHAHAHAHAHAHAAAHAHA

>> No.5338623

>>5338399
we warned you

>> No.5338795

>>5338399
yes, 30% of your monopoly money dissappeared.

Did you know that to correct a 30% loss requires a 42% gain? Its a lot easier to lose than to win.

>> No.5338890

>>5338795
what kind of retarded maths is this

>> No.5339006

It's going back up! HURRY UP AND BUY BEFORE YOU MISS THE DIP!

>> No.5339016
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5339016

>>5338795

>> No.5339081

>>5338399
Don't worry my friend, this has happened in the past and it'll happen again. Remain calm, this crash only means that we'll see a new high shortly after.

>> No.5339154
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5339154

>>5338890
Have 100
Lose 30%
Now have 70
Gain 30% on 70
Now have 91

>> No.5339179

>>5338795
>>5338890
He's actually not wrong you fucking idiot.

If you have $1k and lose 30%, you have $700

If you gain 30% of $700, you have $910

To get back to $1000, you need to make 42.85% profit

No wonder /biz/ is so fucking retarded

>> No.5339247

>>5338890

Say you have 1 cucumber that's worth $1 and then the price of cucumbers drops to 70 cents. You've lost 30% of your value assuming you want to sell it back on. In order for the cucumber price to go back up to $1 it needs a 42% increase. 30 is 42% of 70.

>> No.5339270

>>5339154
>>5339179
>hurrr durr 30% relative to the original investment wont replace a loss of 30% on the origonal investment

>> No.5339311

So what's the actual reason for this mess?

>> No.5339328

>>5338399
i doubt it,

the market cap is in lowest levels, which means most of the money already left...

it might take years

>> No.5339378
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5339378

>>5339270

>> No.5339396

>>5339270
amazingly retarded damage control