Money can be earned endlessly, but losses can only be minimized.
If the principal is 1 million and you lose 20%, you need a 25% return to break even.
If the principal is 1 million and you lose 50%, you need a 100% return to break even.
If the principal is 1 million and you lose 70%, you need a 333% return to break even.
If the principal is 1 million and you lose 80%, you need a 500% return to break even.
Now you have a sense of it, so let’s change the example: you now put in 100,000, and everyone else hasn’t invested, but you did and made a profit of 10,000. At this moment, you feel like the best trader in the crypto world. Others are fearful while I am greedy, but you still fall a bit short.