Gentle Reminder That After 50% Loss, You'll Need 100% Gain To Breakeven. Similarly, 90% Loss Needs 900% To Breakeven!
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Many people here don't seem to understand 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 as you lose more % too. 10% loss needs 11% gain. 50% loss needs 100% gain. 80% loss needs 500% gain. 90% loss needs 900% gain. And after 90% it gets even worse; 99% loss needs 9,800% gain to break even. The market is asymmetrical. Keep that in mind. submitted by /u/Neotoric [link] [comments]
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