Topic: Who made 150% of their investment in January ? (Read 1176 times)
You guys are driving me crazy on the numbers. It's kind of misleading. Theoretically I can only see about 58% return of investment.
Bitcoin was down to 190 USD in January.
Bitcoin is up at 300 USD today.
So, who bought at 190 USD and selling at 300 USD to make 150% of their investment ?
Some guys were ranting Bitcoin is dead. Where are you ?
Bitcoin is up at 300 USD today.
So, who bought at 190 USD and selling at 300 USD to make 150% of their investment ?
Some guys were ranting Bitcoin is dead. Where are you ?
More than people making profits, I think a lot of people took losses when the price was going down.
50% gain is how it should be represented.
150% is misleading.
150% is misleading.
When you put money in a bank and it pays you 1%, in your head do you think "Great, I have made 101%" because you got your original cash back?
Ok, lol. If that is how you 'make' money, I wish you the best of luck with your investments
Ok, lol. If that is how you 'make' money, I wish you the best of luck with your investments And according to that logic every $1 you keep in your pocket is making 100% every second
The OP made mistake by using word 'made'. He would be correct if he said he now have 158% of invested amount.
We gonna be RICH!!!!!
Ok, I'll go now
Hmm.. $190? No. It reached $150 last week. Well.. within a week.. it doubled it value to $300! I'm glad that I did not sold my coin.. However.. the sad thing is.. I did not bought new coin.. 
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When you put money in a bank and it pays you 1%, in your head do you think "Great, I have made 101%" because you got your original cash back?
Ok, lol. If that is how you 'make' money, I wish you the best of luck with your investments
Ok, lol. If that is how you 'make' money, I wish you the best of luck with your investments And according to that logic every $1 you keep in your pocket is making 100% every second
The OP made mistake by using word 'made'. He would be correct if he said he now have 158% of invested amount.
Bitcoin was down to 190 USD in January.
Bitcoin is up at 300 USD today.
So, who bought at 190 USD and selling at 300 USD to make 150% of their investment ?
Some guys were ranting Bitcoin is dead. Where are you ?
Bitcoin is up at 300 USD today.
So, who bought at 190 USD and selling at 300 USD to make 150% of their investment ?
Some guys were ranting Bitcoin is dead. Where are you ?
me not
When you put money in a bank and it pays you 1%, in your head do you think "Great, I have made 101%" because you got your original cash back??
Ok, lol. If that is how you 'make' money, I wish you the best of luck with your investments
Ok, lol. If that is how you 'make' money, I wish you the best of luck with your investments Check your math... 
300*100/190 = 157.89%
Historically I am good at it
What about yours ?
p.s. I said investment, NOT profit.
If you invested $190 and sold at $300.
300 - 190= 110
110/300 * 100 = ~58% <-- this is what you made on your investment
"Who made 150% of their investment.."
Making 150% off an investment of $190 =doubling Original Investment (you get 100% of the original) + another 50% of the original investment, which /= $300 = $285
190 * x = 300
x = 1.58 (this isn't 158%, that would be 2.58)
This is 1.58 times, which is equivalent to 158%
Whichever way you try to slice it, you can't 'make' 158% from $190 and get $300.
Making 150% off an investment of $190 =
190 * x = 300
x = 1.58 (this isn't 158%, that would be 2.58)
This is 1.58 times, which is equivalent to 158%
Corrected math inside the quote.
"Who made 150% of their investment.."
Making 150% of an investment of $190 = doubling (you get 100% of the original) + another 50% of the original investment, which /= $300
190 * x = 300
x = 1.58 (this isn't 158%, that would be 2.58)
Whichever way you try to slice it, you can't 'make' 158% of $190 and get $300.
Making 150% of an investment of $190 = doubling (you get 100% of the original) + another 50% of the original investment, which /= $300
190 * x = 300
x = 1.58 (this isn't 158%, that would be 2.58)
Whichever way you try to slice it, you can't 'make' 158% of $190 and get $300.
Why people bother with such small gains when they can be set for lifetime. Play in the meantime but don't forget to save a few dozen BTC for the time when bitcoin MCap is bigger than Apple's.
Check your math...
300*100/190 = 157.89%
Historically I am good at it
What about yours ?
p.s. I said investment, NOT profit.
Check your math...
Bitcoin was down to 190 USD in January.
Bitcoin is up at 300 USD today.
So, who bought at 190 USD and selling at 300 USD to make 150% of their investment ?
Some guys were ranting Bitcoin is dead. Where are you ?
Bitcoin is up at 300 USD today.
So, who bought at 190 USD and selling at 300 USD to make 150% of their investment ?
Some guys were ranting Bitcoin is dead. Where are you ?
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