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/biz/ - Business & Finance

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57686461 No.57686461 [Reply] [Original]

i dont get this
i have 100
goes down 50%
i have 50
goes up 50%
i dont have 100?
tf

>> No.57686470

is this bait?

>> No.57686473

Go back to school jeet

>> No.57686476

>>57686470
it has to be, nobody explain it to OP either way though.

>> No.57686478
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57686478

>>57686470
bruh you normies who dont know how to make money can fomo into the top if you buy $anon now just know that you'll be left holding the bags for months until normies pump it again this is literally the same script from doge and shib we dump on normies who buy in fomo on the top if you want to make money look for something else to buy biz is too good at finding these low cap coins but at the same time its great at dumping on normie bagholders like yourself

>> No.57686511

>>57686461
I dont know but I trust the computer numbers isn't that the whole point of bitcoin? just trust the computer numbers anon.

>> No.57686524

>>57686478
ca?

>> No.57686550

>>57686511
>trusting the white man's computers
See, computers are racist because they make them too hard to use. They need to make them easy like TV, so people in the community can have good jobs. Computers are made by whites and chinese, and they don't like it when we try to get ahead.

>> No.57686571

>>57686461
I swear to god. Doesn’t anyone learn about log change? Log points? Log ratios? Disappointing me anons.

>> No.57686636

>>57686461
gain percentage is straightforward. You multiple the gain % to your principle, you get the new value.

loss percentage on ther other hand appears to be tricky, because you are doing TWO things with one formula.

1. calculate the new value after loss using loss %. (correct usage)
2. using that same percentage and thinking that it will recover your loss. (wrong usage)

think about it, your capital after loss is lower, therefore you would NEED A HIGHER %gain to break even.

example:
$10 * 20 /100 = 2 (profit)
10 + 2 =12 (new value after gain.)

$10 * 20/100 = 2 (loss)
10 -2 = 8 ( new value after loss)
To get back to 10, your principle of 8 needs to have a bigger gain %
To get back to 10, you would need a 25% gain.

>> No.57686649

>>57686461
$100 - 80% = $20
$20 + 400% (x5) = $100

>> No.57686710

>>57686470
is this bait?

>> No.57686750
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57686750

>>57686461
No one ever claimed that life was fair