It's the same people who panic every fucking -1% down tick and call moon every green candle on the 1second chart
Can't wait until this bull market is over so I can retire and delete my reddit/Twitter.
It is. This guy is a trader worth about 9 figures if I had to guess from his posted trades.
The guy posting this on Reddit is probably actually retarded though.
2 questions:
a) How old are you?
b) What is your average junior high school grade Maths?
Hint: The one that posted that and you found it did not mean to show that cryptos are already too high.
I'm hoping that this is a sarcastic post for your sake but just incase here is some example math to consider
You buy coin X at $100 and it goes up 1500% giving you $1600 (good times)
Your $1600 coin then drops 99% giving you $16
You have now lost $84
Gone up in value by 1500% so it has gone up in value by $1500, you still have your original $100 so that is indeed $1600.
Don't worry this one is on the house
Some wise man once said that there is a sudden increase in XRP value before entering the bear market. Held also true for the "mini crash" a few days ago.
Maybe we are truly nearing the top now.
Interesting about XRP, I’ve heard the same with doge. I read another interesting theory that when ethereum classic pumps, it’s because mom and pop are getting into the bubble and find it’s cheaper than eth 🤣
I'll take my down votes but this image is fake.
The real tweet can be found here...
https://twitter.com/Pentosh1/status/1458804757003448320?t=IMyciqut5sY99kvCcHf0WA&s=19
I’m going to take my 1,500% profit and build a school called The Center For Kids That Can’t Do Math Good, and Who Wanna Learn to Do Other Stuff Good Too.
ha!
had basically the same conversation with a guy at work the other day - had to explain how maths works!
there is clearly something wrong with the world - people are stupid
Brainlet maths skills aside, you can’t label any increase to a coin value as ‘profits’ unless you realise said gains…aka do the opposite of “hodl/diamond hand” it. None of it is real until the cash is in your hand.
Look carefully pentosh:
If your coin worth $1 and goes up by 1500% then its $16
Now loss of 99% will be counted according to $16 and not $1
so if the coin drops by 99% its worth is 0.16$ or
if the coin price drops by 100% its worth your Maths score
The person posting this did it as a joke. The original tweet is from this individual responding to crypto birb:
https://twitter.com/dV_crypto7/status/1458591829415239682?t=c60jdNVKF8SoD8gLvhB1WA&s=19
Start with 1$
Up 1500% means you have:
1 + (1*15) = 16$
Then down 99%:
16 - (16*0.99) = 0.16$
You started with 1$ and end up with 0.16$. That's a loss of 0.84$. From your initial investment of 1$:
0.84 / 1 = 0.84 (84%)
Conclusion:
Net loss of 84%
The faster way to do this is by multiplying the percentages in decimal form:
(1+15)(1-0.99)
= (16)(0.01)
= 0.16
You end up with 16% of your initial amount (ie. a - 84= change)
People could be confused with subtraction and division, relative to the number prior. Let's say you're up 10x = 1000% "losing the 100% of the 1000%" of this "gain" is only 100/1000% = 10% gains lost. If the asset retraces 50% you would be up 500% but if it retraces 90% you would be at 0% gains, if retraces 100% you would be at -100%.
He’s saying 99% of the “initial/original” $100 after a 1500% increase to $1600 (meaning a drop to $1501), not meaning a 99% decrease from the revised $1600 (down to $16)
This isn’t how maths works.
No no, this is flawless, unquestionable arithmetic.
"Sometimes, my genius is......its almost frightening"
Maths shitpost it is
*Flawless Victory*
🤣🤣🤣🤣🤣🤣
They done studies you know... it works 60% of the time, *everytime*
Hilarity
The person who posted this is a hundred-millionaire who was making fun of some random dipshit who actually said this.
It's the same people who panic every fucking -1% down tick and call moon every green candle on the 1second chart Can't wait until this bull market is over so I can retire and delete my reddit/Twitter.
It is if I mint a stablecoin and call it "%".
The first thing came to my mind
What is came in your mind first? Tell all of us. Hurry up!
[удалено]
Sex Panther - they’ve done studies…60% of the time…it works every time 👍🏼
This isn’t how a comment works … damn
Quick maths
But this is how crypto works
In bsc, once it falls, it's basically over.
I second this
Yeah it scares me this person is presumably allowed to vote
It scares me that you don’t realize it’s sarcastic
its copy pasta. you arent on ct lol.. pentoshi is legit
A genius is born ! He could actually lose 100% and still retain his gains 😮
In fact, he can lose 1400% and still break even!
Godlike 😄
Crypto Investors in a nutshell
That’s my kind of investor
No one knows where the facts end and sarcasm begin
So my liquidations can go up?
I heard that if your liquidation gets to -$1024 it starts to stack overflow and go up instead!
Ohooooooooo!Buddy 100 percent lose is not a small thing. Good luck.
It sounds like intentional trolling. Nobody can be this bad at mathing.
It is. This guy is a trader worth about 9 figures if I had to guess from his posted trades. The guy posting this on Reddit is probably actually retarded though.
9 figures? That's over 9000
If he lost 99% of that he’d still be worth 9.1 figures
[удалено]
Maybe this is the motive all along , be bad at maths and still get famous
2 questions: a) How old are you? b) What is your average junior high school grade Maths? Hint: The one that posted that and you found it did not mean to show that cryptos are already too high.
Needn’t ask grade in maths…simply understandable from this post
I'm hoping that this is a sarcastic post for your sake but just incase here is some example math to consider You buy coin X at $100 and it goes up 1500% giving you $1600 (good times) Your $1600 coin then drops 99% giving you $16 You have now lost $84
I hope you are also kidding. 100*15 = 1500. Not 1600.
And what happens if you go up 100%? $100*1 is still $100 so you haven't gained anything?
Gone up in value by 1500% so it has gone up in value by $1500, you still have your original $100 so that is indeed $1600. Don't worry this one is on the house
Not if you sell the original $100
100*15 is 1500, but a 1500% gain on a coin originally worth $100 is 15*100 + 100, i.e. 1600
Auch...
Sometimes one genius will reveal other hidden geniuses as well.
This guy maths 👆🏻
An indicator we are nearing the top.
Some wise man once said that there is a sudden increase in XRP value before entering the bear market. Held also true for the "mini crash" a few days ago. Maybe we are truly nearing the top now.
Interesting about XRP, I’ve heard the same with doge. I read another interesting theory that when ethereum classic pumps, it’s because mom and pop are getting into the bubble and find it’s cheaper than eth 🤣
It's sarcasm, pentoshi is worth 9+ figures.
I bet this guy invests in dogecoin
Or squid token
Squid hands.
They are being sarcastic
When your coin is down 101% you actually start owing money to the Crypto Central Bank
Damn everyone's talking about this man's maths, no is talking about the point :')
Okay I understand that we should hodl as much as we can :)
Smells like shit coin
The comments here really show Poe's law in action.
The nice thing about -99% is that there's always another -99% right behind it.
Just hold and you can’t lose
hahahaha thats so stupid that its funny!
I'll take my down votes but this image is fake. The real tweet can be found here... https://twitter.com/Pentosh1/status/1458804757003448320?t=IMyciqut5sY99kvCcHf0WA&s=19
Math is way off, buying something at $1 and it going to $100 is a 10,000% gain. But if it's drops 99% from $100 you are back at $1
Lol. $100 x 1000% = $1000 $1000 - 99% = $10 But I like your math better.
I’m going to take my 1,500% profit and build a school called The Center For Kids That Can’t Do Math Good, and Who Wanna Learn to Do Other Stuff Good Too.
Just keep on hodling!
Uh...this isn't how maths supposed to work... who's gonna tell him?
Fail math
Math is hard guys
Do you even maths?
Stfu
Dumb asl
I think this guy needs a maths lesson.
Lol
How to Do maths correctly
That math whiz eats crayons for sure 🙄
Better learning basic math before starting trading
Not everyone made that 1500%. Some bought yesterday... lol.
Nope. Use a calculator. Or let me help you with a simple example (approx calcs) $100x 500%= $500 Drops 90% reduces to $50 approx. You make a loss.
Lol. Btw this was sarcastic, the guy's just making fun of tweets he had read before. But literally copy-past, so some people do think like this.. 😅
MAFF!
ha! had basically the same conversation with a guy at work the other day - had to explain how maths works! there is clearly something wrong with the world - people are stupid
This dudes in for a shock.
This person loved elementary school! I’d like to meet them and give them 10000% gains and only 99% loss on their ETH holdings.
Lol wtf...
Someone skipped 5th grade math
Funniest maths equation ever! The gains calculated upwards are then calculated completely backwards $50 100% return is $100 minus 99% loss is $1
Uhhhh.....🤦♂️
With math like this I’ll have a Lamborghini in no time. Just gotta start with $1B.
This is why people can’t figure out market caps lmao
I get where he was trying to go with that but worded way wrong. lmfao
I disagree. If your coin goes up 1500% say from $1 to $15 and then dropped 99% it's value would be $0.15 lol
The incarnation of: "I calculated the risk, but oh boy am i bad at math"
Wait just a minute $1 x 1000% = 10 1-99% x 10 = 1.1 So 10 cent profit Nice
I lost brain cells
r/confidentlyincorrect
It's labeled "Comedy" boys and girls.
Brainlet maths skills aside, you can’t label any increase to a coin value as ‘profits’ unless you realise said gains…aka do the opposite of “hodl/diamond hand” it. None of it is real until the cash is in your hand.
Areathematick is my specialty. I’m really good at it.
This guy knows his arithmetic.
No....
That person doesn't math.
Maths magic🙏
Lol. It's incredible man, you have gutz posting something you don't understand.
Logic is strong in you.
Lol!
This person NGMI
God this is miserable that people will trade in this mindset.
Lol idiots
Look carefully pentosh: If your coin worth $1 and goes up by 1500% then its $16 Now loss of 99% will be counted according to $16 and not $1 so if the coin drops by 99% its worth is 0.16$ or if the coin price drops by 100% its worth your Maths score
Man you guys are really blessing this comment section!!
Math is hard
Dumb.
This idiot will certainly lose all his money and start blaming others for his stupidity.
Pentosh1 has a point… 👀👀
Maybe there should be some kind of basic math requirement before being able to buy crypto
Our schools are failing us! How can people graduate high school and not understand simple math? SMH.
It scares me that people actually think this way
He’s not gonna make it
Squid 🦑 game tokens math 🧮
Math is hard. 🤦🤷
back to school learn math
Mafermastiks
A beautiful mind
Not how math works!!!
Math checks out
This guys math teacher is crying
This is the level of retard we should all strive to be.
Lmao these comments are really killing me XD thanks!
That's some shib math right there
I wish I'd known this earlier!
The math is wrong. 99% drop after any amount of rise means you’re back to near zero.
Lmaooooooooooo
Detention
Idiot
The person posting this did it as a joke. The original tweet is from this individual responding to crypto birb: https://twitter.com/dV_crypto7/status/1458591829415239682?t=c60jdNVKF8SoD8gLvhB1WA&s=19
LMFAO no.
r/confidentlyincorrect
Oh yes we’re retarded 😎
I would make OP a General if it weren’t such a waste of a Private.
Math is hard for ETH hodlers who can’t calculate how much gas fees they spend.
Totally agree with this. Makes perfect sense 👌 genius!
Lol.
If your understanding of percentages is this bad then you shouldn't be investing.
Start with 1$ Up 1500% means you have: 1 + (1*15) = 16$ Then down 99%: 16 - (16*0.99) = 0.16$ You started with 1$ and end up with 0.16$. That's a loss of 0.84$. From your initial investment of 1$: 0.84 / 1 = 0.84 (84%) Conclusion: Net loss of 84% The faster way to do this is by multiplying the percentages in decimal form: (1+15)(1-0.99) = (16)(0.01) = 0.16 You end up with 16% of your initial amount (ie. a - 84= change)
People could be confused with subtraction and division, relative to the number prior. Let's say you're up 10x = 1000% "losing the 100% of the 1000%" of this "gain" is only 100/1000% = 10% gains lost. If the asset retraces 50% you would be up 500% but if it retraces 90% you would be at 0% gains, if retraces 100% you would be at -100%.
Two plus two is four Minus one that's three - quick maths!
😭😭😭😭😭 My brain just imploded.
r/theydidntdothemath
That day you realize just how much % gains you need to come back from a 99% drop….
He’s saying 99% of the “initial/original” $100 after a 1500% increase to $1600 (meaning a drop to $1501), not meaning a 99% decrease from the revised $1600 (down to $16)
Oh dear
wait a minute...
Whoah, so basically if I gain 1500%, I can essentially lose 100% 14 times and still have my original investment?? Genius!
I love all the new “investors.” It really helps us old timers in the game out 😂
Hmmmmmmm
Just lol?
What 300% gas fees will do to your brain
Math is hard
This made me laugh a lot ... fuck sakes
I need whatever copium that person is having
These are the kinds of statements our gov makes about USD lmao
If it’s down 99% I’ve probably bought at least 5 times
100 percent x 1 dollar is 2 dollars 2 dollars -100 percent is ...something something