MultiversX Tracker is Live!

The deception of volatility and percentage: how altcoins appear to always be outperforming bitcoin, when they usually aren't.

Bitcoin Reddit

More / Bitcoin Reddit 275 Views

Now these values are made up, but I wanted to demonstrate how looking at percentages day to day can be misleading. You see all these coins everyday going up way more than bitcoin, but it's not always what it seems.

Bitcoin Altcoin A Altcoin B Altcoin C Altcoin D Altcoin E Altcoin F
$1,000 (starting amount) $1,000 (starting amount) $1,000 (starting amount) $1,000 (starting amount) $1,000 (starting amount) $1,000 (starting amount) $1,000 (starting amount)
Month 1 +25% +200% +100% +1,000% +10,000% +100% -90%
Month 2 -5% -40% -10% -50% -90% -60% -50%
Month 3 +45% +10% +200% -10% +30% +100% +1,000%
Month 4 -15% -40% -70% -70% -85% -70% -60%
Month 5 -30% -60% -50% -70% -60% -40% -60%
Month 6 +10% +100% -20% +200% +300% +100% +100%
Month 7 +45% +10% +100% -50% -90% +100% +1,000%
Ending amount $1,634 $1,045 $1,296 $405 $312 $1,152 $1,600
submitted by /u/ShotBot
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments