Brian Kim
@brianjckim
“once the price drops by 90%, it needs to go back up by 90% for you to break even”
6 replies
2 recasts
46 reactions
VictoriaKoala02
@victoriakoala02
When the price of an asset drops by 90%, it requires a 900% increase to return to its original value. This highlights the significant challenge of recovering from substantial losses. For instance, if an asset's price falls from $100 to $10, it needs to rise to $100 again, which means it must increase by 900% from the low point. This underscores the importance of risk management and strategic investment planning.
0 reply
0 recast
0 reaction