09-21-2021, 02:05 PM
A Friendly Reminder that After 90% Loss, You Would Need 900% Gain to Get Back to Bre
<!-- SC_OFF --><div class="md"><p>Many people here don't seem to get it when they say it dropped 20% yesterday and fully recovered the next day with 20% gain. No, it's not. The market is asymmetric. After a 20% loss, you need 25% gain to get breakeven. It gets exponentially worse after 50% loss.</p> <p>50% loss needs 100% gain.</p> <p>70% loss needs 233% gain.</p> <p>90% loss needs 900% gain.</p> <p>​</p> <p>Loss after 90%, it's getting catastrophically worse.</p> <p>Add 9% more loss to 90%, you would need 9,800% gain to get breakeven!</p> <p>People are going to downvote this because they have so much at stake, but it won't change the fact that the market is asymmetrical.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ThatInternetGuy"> /u/ThatInternetGuy </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ps7w6r/a_friendly_reminder_that_after_90_loss_you_would/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ps7w6r/a_friendly_reminder_that_after_90_loss_you_would/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Many people here don't seem to get it when they say it dropped 20% yesterday and fully recovered the next day with 20% gain. No, it's not. The market is asymmetric. After a 20% loss, you need 25% gain to get breakeven. It gets exponentially worse after 50% loss.</p> <p>50% loss needs 100% gain.</p> <p>70% loss needs 233% gain.</p> <p>90% loss needs 900% gain.</p> <p>​</p> <p>Loss after 90%, it's getting catastrophically worse.</p> <p>Add 9% more loss to 90%, you would need 9,800% gain to get breakeven!</p> <p>People are going to downvote this because they have so much at stake, but it won't change the fact that the market is asymmetrical.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ThatInternetGuy"> /u/ThatInternetGuy </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ps7w6r/a_friendly_reminder_that_after_90_loss_you_would/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ps7w6r/a_friendly_reminder_that_after_90_loss_you_would/">[comments]</a></span>Kind Regards R