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

Bitcoin Reddit

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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
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