//PSA: If a ctyptocurrency value drops by 50%, you need to see a 100% increase to reach initial ammount invested.

PSA: If a ctyptocurrency value drops by 50%, you need to see a 100% increase to reach initial ammount invested.

If you use percentages to determine if your coins are going up or down, and by what ammount, using say a 24h time frame, be aware of the following:10% drop requires an 11% raise to reach initial price.20% drop requires a 25% raise to reach initial price.50% drop requires a 100% raise to reach initial price.75% drop requires a 300% raise to reach initial price.So to sum up, seeing 10% up then 10% down every day results in a net loss. Or any percentage in green then red repeating. Its the same when profiting, but the other way around.This could get into details about timeframes, multiple iterations, values of what, works on positive % raises, etc. But you can make your own conclusions from this very basic information, which is the point of this post, I ain’t no teacher, do your own research.Just something to keep in mind refreshing your blockfolio, delta or whatever apps you use.Edit: formatting on mobile Edit2: fixed an error & this obviously works with anything which has a value, both up and down.

If you use percentages to determine if your coins are going up or down, and by what ammount, using say a 24h time frame, be aware of the following:

10% drop requires an 11% raise to reach initial price.

20% drop requires a 25% raise to reach initial price.

50% drop requires a 100% raise to reach initial price.

75% drop requires a 300% raise to reach initial price.

So to sum up, seeing 10% up then 10% down every day results in a net loss. Or any percentage in green then red repeating. Its the same when profiting, but the other way around.

This could get into details about timeframes, multiple iterations, values of what, works on positive % raises, etc. But you can make your own conclusions from this very basic information, which is the point of this post, I ain't no teacher, do your own research.

Just something to keep in mind refreshing your blockfolio, delta or whatever apps you use.

Edit: formatting on mobile Edit2: fixed an error & this obviously works with anything which has a value, both up and down.