blackeyesbear
@blackeyesbear
@kryptobi asked me to share a screenshot where he is positive about the coin price drop
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kryptobi
@kryptobi
For context this is what you said "Jonathan said that if the price falls, the potential will increase even more. He said that the price falling is a good sign." Where did he say price fall is a good sign ?😒 I don't agree with Jonathan on some things but he is right on this one even thou it's some light humor. The lower a token price the greater it's upside potential 🤷
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blackeyesbear
@blackeyesbear
My opinion is different. Just because it falls doesn't mean it will go up more. If it falls, it may fall more. Just like it has been so far.
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kryptobi
@kryptobi
You are missing the point. Let me eli5. Assuming social is $1 and it goes to $2 that's only a 2x but if it is $0.1 and it goes to $2 that's a 20x. That's what Jonathan meant.
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blackeyesbear
@blackeyesbear
There is a mistake there. It is only a correct hypothesis if it is certain that it will go to $2. The same logic also applies in reverse. If you buy social at $0.0002 and sell it at $0.0001, you will lose 50%, but if you buy it at the current price of $0.002 and sell it at $0.0001, you will lose 95%. This means that the opposite of potential is also possible. Saying that there is potential is just a pretty face.
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