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/biz/ - Business & Finance

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16696566 No.16696566 [Reply] [Original]

If I buy a coin at $100 and it goes up 10l% and then goes down 10% I lost money. If it goes down 10% and then up 10% then I still lost money. How the fuck is this fair at all.

>> No.16696641

>>16696566
The absolute state of crypto traders.
It's fucking basic math

>> No.16696656

Thread seen and checked. And done. And do you think we amuse ourselves by seeing same threads?

>> No.16696664

>>16696566
What are you talking about? You dont lose money like that.

>> No.16696665
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16696665

Yes this is only a problem for bulls. Join us, most are afraid that they may lose more then -100% (initial investments) but thats just FUD u can easily place a stop loss with shorts. BTC $800 2020. LINK $1000 2020.

>> No.16696676
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16696676

>>16696566
Here brainlet...

If you have $100 and it goes down 10%, you have $90. If it then +10% from 90, you have 99 because 10% of 90 is not 10, it's 9.

If you have $100 and it goes up 10%, you have $110. If it then goes down 10%, you have $99 because 10% of 110 isn't 10, it's 11.

Now go buy more XRP

>> No.16696691
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16696691

It's fascinating how many people are allowed to invest money and don't even know basic math.

>> No.16696695

>>16696566

Lmao

>> No.16696772

>>16696676
You're basically proving OP right

>> No.16696775

>>16696691
holy shit, I am stupid..

>> No.16696789

>>16696676
How could the government let this happen?....

>> No.16696793

>>16696691
>900%
So you're saying there's a chance.

>> No.16696979

>>16696566
Because you are missing some terms in the equation. If it goes up 10% twice, this balances out your losses due to convexity.

E(x) = 1*.9*.9(loses 10% twice)+ 2*1.1*.9(up 10% then down 10% or vice versa) + 1*1.1*1.1 (gains 10% twice)

= .81 + 1.98 + 1.21

= 0

>> No.16697323

>>16696979
That is some weird shit.

>> No.16697355

>>>/sci/

>> No.16697426

This is why we use the lahke instead of the dollar.

>> No.16697921

>>16696566

>Pepe doesn't know how to math.

:(

>> No.16697940

>>16696676
you have to go back