A Friendly Reminder that After 90% Loss, You Would Need 900% Gain to Get Back to Breakeven

Many people here don't seem to get it when they say it dropped 20% yesterday and fully recovered the next day with 20% gain. No, it's not. The market is asymmetric. After a 20% loss, you need 25% gain to get breakeven. It gets exponentially worse after 50% loss.

50% loss needs 100% gain.

70% loss needs 233% gain.

90% loss needs 900% gain.

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Loss after 90%, it's getting catastrophically worse.

Add 9% more loss to 90%, you would need 9,800% gain to get breakeven!

People are going to downvote this because they have so much at stake, but it won't change the fact that the market is asymmetrical.