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/biz/ - Business & Finance

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55131000 No.55131000 [Reply] [Original]

>you need a 2x to recover from a -10% loss

>> No.55131003

>>55131000
uh no.

>> No.55131020

>>55131000
>10x on a shitcoin
>lose 10% of that in the next shitcoin
>now down 50% from your initial
why is it like this bros

>> No.55131021

>>55131000
wasted

>> No.55131032

>>55131000
a 10% loss followed by another day of 10% is 20% anon you need to figure math out before you start trading.

>> No.55131051

>>55131020
Kek are you me?
I'm such a retarded gambler..

Next time i'm just gonna take my initial out, and stop being greedy.. i just need 2k to make money

>> No.55131060

>be me
>take a -10% loss
>need a 22.22222222222222222222% gain to make up the loss
>still missing a penny no matter how many extra .2 I manage to add to my gain
It's foreverially tied up and delitized for me bros

>> No.55131061

>>55131000
damn, its true

>> No.55131160
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55131160

>>55131000
>tfw you need a Infinity x to recover from a -100%

>> No.55131177

>>55131051
Na 2k would become 1200 then 600 then you would come back here asking for 2k again.
>T. 6 figures to 0

>> No.55131391

>>55131000
> Trade $100
> Lose 10%, $90
> Gain 10%, basically get your money back ($99)

>> No.55131421

>need 10,000% gain to recover from -99%

>> No.55131574

>>55131391
uhhh
where did the $1 go?

>> No.55131728

>>55131574
You have to make back the reciprocal of the complement of your loss, which is greater than the loss itself. So in this case 1/(1-.1)=1.11 or +11%, not +10%

>> No.55131793

>>55131160
Get a loan if you haven't already.
It's mythical when you go from zero back to 100.

>> No.55131805

>>55131728
Go back to plebbit you utter retard

>> No.55132042

biz bros, I need to make a quick 100x.. Pls tell me your shit coins

>> No.55132056

>>55131728
kys plebbit nigger

>> No.55132106
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55132106

>>55131000
I'll let you goyim in on a little trick.
2 negatives make a positive so if you multiply two loses with one another you actually make a profit

>> No.55132398
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55132398

>>55131000
That's exactly why I don't trade anymore kek, I'm too bad at math and too much of a retard, I'll stick to NFT flipping and playing with Rebase when it goes out

>> No.55132468

>>55132398
kek that won't give you as much money as trading could

>> No.55132519

>>55132398
Skill issue faggot

>> No.55132537

>>55132106
Fucking kek I wish trading worked like that

>> No.55132544

>>55132398
One worthless shit for another

>> No.55132556

>>55131000
its actually x4 if you account for taxes

>> No.55132971

>>55131000
>>you need a 2x to recover from a -10% loss
Only need a strong strategy like SpoolFi for stablecoins farming because the 2x is nowhere to be found.

>> No.55133112

>>55132042
noisegpt senpai, this is a small thread i like to accumulate them normally but this one i’ll say since fuck it