Alexas58: 4:08pm On Oct 30, 2024 |
Please who is wrong in this scenario?
lets Say!
if you put #30,000 in btc at 35k buying price
And btc goes to 70k
100% increase == 60k
State reasons pls
If you put 30,000 in btc at 70,000
And btc drops to 30,000 your money becomes 15,000
From 30,000 ==> 60,000 that’s 100%
Then from 30,000 ===> 15,000 that’s 50% ?
Why didn’t you say from 30,000 ==> 60,000 is 50%
Please how can we explain this to a child that a from
30,000 ==> 60, 000 is a 100% increase
While from
30,000 == > 15,000 is a 100% decrease and not a 50% decrease
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MMempire(m): 5:31pm On Oct 30, 2024 |
Critical thinking and mathematics na your mate?
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Alexas58: 6:30pm On Oct 30, 2024 |
MMempire:
Critical thinking and mathematics na your mate?
But you know it’s 100% profit and 100% loss rite?
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MMempire(m): 6:40pm On Oct 30, 2024 |
Alexas58:
But you know it’s 100% profit and 100% loss rite?
Yes of course.
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LandMann: 7:46pm On Oct 30, 2024 |
D
5 Likes |
Alexas58: 8:37pm On Oct 30, 2024 |
LandMann:
It becomes clearer if you use same price and amount to calculate both scenarios and you identify your starting point.
If BTC price is $30000 and you buy 1 BTC, you'll pay $30000, which is your starting point.
If price goes up from $30000 to $60000 and you sell at that exact price, you'll have $60000 with you in your pocket, which is 100% increase from your initial capital of $30000.
Now, let's see the reverse.
If BTC price is $30000 and you buy 1 BTC, you'll have have spent just $30000, which is your starting point.
If price of BTC drops to $15000 and you decide to sell your 1 BTC, you'll have exactly $15000 in your pocket, which is half of your initial $30000 capital, or 50% decrease from your initial $30000 capital.
So, always ask yourself, what is my starting point, aka, what is my entry price?
If you buy BTC at $72000 today, you're more likely to lose 50% (price drop to $36000) than gain 100% (price increase to $144000), especially if Trump loses the USA election.
The reason is because there will be more sell pressure at higher prices as people who bought cheap become more eager to cash out and go enjoy their gains.
If you become greedy and you buy at $144000, you'll have to wait for price to reach $288000 before you see a 100% gain...
In summary, downside risk increases at higher prices... Don't buy at higher prices... Wait for 50%-80% drop in price before you risk your hard earned money buying any volatile asset like BTC or Nigerian stocks... plus you must have done your research to be sure that whatever you are buying has good fundamentals
Let’s do it like this 30 ====> 60 100%
Why will 60 ==> 30 be 50%. ??
What you’re loosing in both case is 30k
And what you are gaining is 30k!
So why is one 100% and then you said the other 50% ??
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LandMann: 9:54pm On Oct 30, 2024 |
D
4 Likes |
Alexas58: 10:08pm On Oct 30, 2024 |
LandMann:
It's because of relativity; percentage increase or decrease needs a reference point or relative point.
Imagine a cup that can contain 60ml of water.
Then you're given another cup that is 30ml to either use to take water or remove water from the 60ml cup.
When the 60ml cup is full, it is at 100%, and when the 30ml cup is full it is at 100%.
Now if the 60ml cup is half full it will be at 50%.
But when you turn that half full cup into a 30ml cup the 30ml cup will be at 100%.
Now, assume the 60ml cup is empty and we want to fill it using the 30ml cup.
, both cups can be 100% on their own individually.
If you turn the first 30ml into the 60ml you'll get half full cup.
From the perspective of the 30ml, it is 100%, but from the perspective of the 60ml cup it is only 50% full.
Now, if you turn another 30ml into the cup, you'll get a full 60ml cup.
But from the perspective of the 30ml it will be 200% but from the perspective of the 60ml cup it is now 100% full.
So because you're using 30ml as your reference point, any additional 30ml you add is a 100% increase because the 30ml cup can be 100% full on its own.
Now if your reference point is the 60ml cup, then things will change. , when the 60ml cup is full it is at 100%.
Now if you turn half of the content into the 30ml cup, your 60ml is now half full or 50%...or it has lost 50%... This is because the reference point is now a full 60ml cup.
Now, the half you turned away will fill up the 30ml cup to 100% capacity. But is it 100% of the water in the 60ml cup you poured away? No. You only poured away 50%...aka 50% decrease.
How do you decrease by 100% if your reference point or starting point is a full 60ml cup?
You have to pour everything away, which will fill two 30ml cups... Once the 60ml is completely empty, you say it has lost ALL or 100% of its content.
Again, it's all about reference point or relative point.
Get a container where one is half the size of the other then use water to practice what I have explained.
If you still don't understand please stay away from anything investment, especially crypto. Just go and be farming.
Wrong 🤣🤣
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LandMann: 10:11pm On Oct 30, 2024 |
Alexas58:
Wrong 🤣🤣
Hah! Didn't know you were just clowning around.
Enjoy your life
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Myrepublic(m): 10:17pm On Oct 30, 2024 |
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Eseka22: 11:54pm On Oct 30, 2024 |
If you put your money in something and it doubles, your money doubles as well.
If it losses half it value, you loses half the value of what you put as well.
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NaijaphiliaBlog: 12:28am On Oct 31, 2024 |
I guess the OP is just having some fun.
The logic of profit / loss calculations is simply that you must always compare with your starting point e.g.
A. Bought N25,000 garri and sold at N50,000 = 100% gain i.e. your money doubled.
B. Bought N50,000 garri but had to sell at N25,000 = 50% loss i.e. your money halved.
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Alexas58: 12:36pm On Oct 31, 2024 |
NaijaphiliaBlog:
I guess the OP is just having some fun.
The logic of profit / loss calculations is simply that you must always compare with your starting point e.g.
A. Bought N25,000 garri and sold at N50,000 = 100% gain i.e. your money doubled.
B. Bought N50,000 garri but had to sell at N25,000 = 50% loss i.e. your money halved.
In both cases the money that was gained was 25,000
And the money lost was 25,000 rite?
Why would one be 100% and the other 50%
When it was 25,000 that was gained
And also 25,000 that was lost
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Alexas58: 12:39pm On Oct 31, 2024 |
LandMann:
Hah! Didn't know you were just clowning around.
Enjoy your life
You’re the clown!
Oya.
Lemme make you think a little!
It was 30 ml that was added rite?
And it was also 30ml that was taken?
Cos we said buy at 30 and sell at 60
Buy at 60 and sell at 30
So it was 30 that was gained
And it was also 30 that was lost
Why should one be a 100% and another a 50% when it was both 30 gained and lost
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Alexas58: 12:39pm On Oct 31, 2024 |
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LandMann: 2:14pm On Oct 31, 2024 |
Alexas58:
You’re the clown!
Oya.
Lemme make you think a little!
It was 30 ml that was added rite?
And it was also 30ml that was taken?
Cos we said buy at 30 and sell at 60
Buy at 60 and sell at 30
So it was 30 that was gained
And it was also 30 that was lost
Why should one be a 100% and another a 50% when it was both 30 gained and lost
If you were not stupid you'd realise that in the first case 30ml was added to SOMETHING and in the second case 30ml was removed from SOMETHING.
Now, ask yourself, is the SOMETHING equal in both cases? No!
In the first instance, 30ml was added to 30ml...
In the second instance, 30ml was removed from 60ml.
The bolded 30ml in the first instance and the bolded 60ml in the second instance are the reference point or relative point, and they're the SOMETHING that is not equal to each other. Because both not equal to each other, you can't get same percentage in both cases.
If it helps open your dull brain, see it from this angle... In the first case you added 30ml to 30ml and you got 100% increase. In the second case, remove 30ml from 30ml and you'll get 100% decrease. If you now increase the relative point of measurement in the second instance to 60ml then you'll not get 100% decrease if you remove 30ml, you'll get 50% decrease because the reference point is now larger; just as if you add 30ml to 60ml the percentage increase will now be 50%.
You'll never get it right if you ignore the relative point or the point of reference in any percentage calculation.
The summary is, if the relative point of reference is the same, and a similar amount is added or subtracted from that same relative point in a percentage calculation you'll get the same percentage result in of percentage increase or percentage decrease. If the relative point of reference is not equal, you'll never get the same percentage increase or decrease even if same amount is deducted from the relative point of reference.
Like I told you before, stay away from anything investment. If you are too stupid to understand that percentages are measured in relative you won't know when you are making bad or good choices.
Shalom.
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Alexas58: 2:16pm On Oct 31, 2024 |
LandMann:
If you were not stupid you'd realise that in the first case 30ml was added to SOMETHING and in the second case 30ml was removed from SOMETHING.
Now, ask yourself, is the SOMETHING equal in both cases? No!
In the first instance, 30ml was added to 30ml...
In the second instance, 30ml was removed from 60ml.
The bolded 30ml in the first instance and the bolded 60ml in the second instance are the reference point or relative point, and they're the SOMETHING that is not equal to each other. Because both not equal to each other, you can't get same percentage in both cases.
Like I told you before, stay away from anything investment. If you are too stupid to understand that percentages are measured in relative you won't know when you are making bad or good choices.
Shalom.
You’re too dumb to be schooled
What was taken was 30ml = -30ml
What was added was 30ml = +30ml
Why is one 100% and the other 50% you’re shouting like a mad man
Have a lovely day
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LandMann: 2:27pm On Oct 31, 2024 |
Alexas58:
You’re too dumb to be schooled
What was taken was 30ml = -30ml
What was added was 30ml = +30ml
Why is one 100% and the other 50% you’re shouting like a mad man
Have a lovely day
If you believe I'm wrong, lets stake $1000 each and ask a maths professor to vet it. Only then will you realise how foolish you're.
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Alexas58: 2:32pm On Oct 31, 2024 |
LandMann:
If you believe I'm wrong, lets stake $1000 each and ask a maths professor to vet it. Only then will you realise how foolish you're.
You’ll loose o
Just explain why if you add +30 it becomes 100%
And if you subtract -30 it becomes 50%
30 ===> 60 100%. +30
60 ===> 30 u say 50% -30
How na bros ?
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LandMann: 2:50pm On Oct 31, 2024 |
Alexas58:
You’ll loose o
Just explain why if you add +30 it becomes 100%
And if you subtract -30 it becomes 50%
30 ==+30 => 60 100%.
60 ==-30 => 30 u say 50%
How na bros ?
I rearranged your write-up so there's three parts to the equation.
Look at the top and bottom equation.
The first part is not equal
The second part is equal.
The third part is not equal.
Because the first part in the top and bottom is not equal, the third part cannot be equal. You're basically arguing that yam should be equal to cocoyam because both are tubers
If you are not a broke and foolish clown kindly accept the challenge. $1000 bet?
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Alexas58: 3:10pm On Oct 31, 2024 |
LandMann:
I rearranged your write-up so there's three parts to the equation.
Look at the top and bottom equation.
The first part is not equal
The second part is equal.
The third part is not equal.
Because the first part in the top and bottom is not equal, the third part cannot be equal. You're basically arguing that yam should be equal to cocoyam because both are tubers
If you are not a broke and foolish clown kindly accept the challenge. $1000 bet?
Beca
In investing
If a trade moves from 60 - 30
It has lost 100% of its value
Read this very well
Let’s bet!
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yungevvy(m): 2:44am On Nov 01, 2024 |
Alexas58:
Please who is wrong in this scenario?
lets Say!
if you put #30,000 in btc at 35k buying price
And btc goes to 70k
100% increase == 60k
State reasons pls
If you put 30,000 in btc at 70,000
And btc drops to 30,000 your money becomes 15,000
From 30,000 ==> 60,000 that’s 100%
Then from 30,000 ===> 15,000 that’s 50% ?
Why didn’t you say from 30,000 ==> 60,000 is 50%
Please how can we explain this to a child that a from
30,000 ==> 60, 000 is a 100% increase
While from
30,000 == > 15,000 is a 100% decrease and not a 50% decrease
Bros calm down and reason everything again. This time around slowly and without pride.
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yungevvy(m): 2:55am On Nov 01, 2024 |
LandMann:
If you were not stupid you'd realise that in the first case 30ml was added to SOMETHING and in the second case 30ml was removed from SOMETHING.
Now, ask yourself, is the SOMETHING equal in both cases? No!
In the first instance, 30ml was added to 30ml...
In the second instance, 30ml was removed from 60ml.
The bolded 30ml in the first instance and the bolded 60ml in the second instance are the reference point or relative point, and they're the SOMETHING that is not equal to each other. Because both not equal to each other, you can't get same percentage in both cases.
If it helps open your dull brain, see it from this angle... In the first case you added 30ml to 30ml and you got 100% increase. In the second case, remove 30ml from 30ml and you'll get 100% decrease. If you now increase the relative point of measurement in the second instance to 60ml then you'll not get 100% decrease if you remove 30ml, you'll get 50% decrease because the reference point is now larger; just as if you add 30ml to 60ml the percentage increase will now be 50%.
You'll never get it right if you ignore the relative point or the point of reference in any percentage calculation.
The summary is, if the relative point of reference is the same, and a similar amount is added or subtracted from that same relative point in a percentage calculation you'll get the same percentage result in of percentage increase or percentage decrease. If the relative point of reference is not equal, you'll never get the same percentage increase or decrease even if same amount is deducted from the relative point of reference.
Like I told you before, stay away from anything investment. If you are too stupid to understand that percentages are measured in relative you won't know when you are making bad or good choices.
Shalom.
Wow, I just took time to read through this thread. OP is really uninformed.
2 Likes |
yungevvy(m): 2:58am On Nov 01, 2024 |
Alexas58:
In investing
If a trade moves from 60 - 30
It has lost 100% of its value
Read this very well
Let’s bet!
You do know that a 100% loss always results in a 0? right?
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Alexas58: 7:28am On Nov 01, 2024 |
yungevvy:
You do know that a 100% loss always results in a 0? right?
Nope
Not in investment
Reason it from investment angle and chemistry angle
You’ll understand it better
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Alexas58: 7:29am On Nov 01, 2024 |
yungevvy:
Bros calm down and reason everything again. This time around slowly and without pride.
Can you show this to your maths prof?
Maybe if he tells you it’s 100% you’ll believe him than me
Or ask your ai bots
In investment if btc drops from 60 down to 30
It has lost 100% of its value
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yungevvy(m): 8:13am On Nov 01, 2024 |
Alexas58:
Can you show this to your maths prof?
Maybe if he tells you it’s 100% you’ll believe him than me
Or ask your ai bots
In investment if btc drops from 60 down to 30
It has lost 100% of its value

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Alexas58: 8:31am On Nov 01, 2024 |
[quote author=yungevvy post=132684405][/quote]
lol
Take ur time
Even ur AI isn’t smart 😹😹😹




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Alexas58: 8:34am On Nov 01, 2024 |
Even ur ai is not smart!
I’m trying to the full conversation
Just relax 😹
I’m finding it hard to more pics




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Alexas58: 9:19am On Nov 01, 2024 |
[quote author=yungevvy post=132684405][/quote]
Ask ur AI this
Like this
1. So if btc goes from 30k - 60k
How many percent increase is this?
2. If it drops from 60k - 30k
How many percent decrease is this?
3. Since it lost 50% of its value
We just have to make 50% to get back to where it was at 60k rite?
Make u see wetin u Dey follow dey argue




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Alexas58: 9:22am On Nov 01, 2024 |
In investing, a 50% decrease requires a 100% increase to break even!
If it decreased by 50% as you are all sayin!
Oya make another 50% and get back to 60 na




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