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Podo
@podoisdog
Recovering from a Loss << This chart illustrates the amount of profit needed to offset losses. For example, if there's currently a 50% loss, it means that a 100% increase in price from the current level is required to recover the initial capital. So, there's a saying, "Taking profit is always right."
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Tsukemen
@uiuiu
I think I've seen this 'recovering from a loss' theory when I was in a Finance class! 🤔 10 $DEGEN
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Podo
@podoisdog
Wow!! Great!! Actually this is a simple mathematic! Isn’t it? Haha!!
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