Time to time I am reading about robberies where a huge amount of #cash were stolen (this time to #PSG goalkeeper in #Paris) and then I am thinking about #bitcoin..
..perhaps in some cases it is better to not be your own #bank, or at least to not have everything stored in one place only.. π€
Yes, you should think about what is required to recover from a loss.
eg
10% loss requires 11% growth to recover
25% loss requires 33% growth to recover
33% loss requires 50% growth to recover
50% loss requires 100% growth to recover
66% loss requires 200% growth to recover
75% loss requires 300% growth to recover
90% loss requires 900% growth to recover
Losing 25% is recoverable in 5 years, but if you lose half or more, youβre in Tiger King territory.
