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Re: DeerBalls post# 90661

Tuesday, 03/24/2020 11:31:36 AM

Tuesday, March 24, 2020 11:31:36 AM

Post# of 130964
Ok no problem, but just one point about percentages, if a penny increases by 3500% it reaches 36 cents. If it then goes down by a much smaller sounding 90% it ends up at 3.6 cents, still a decent return although in penny land the bid can be back near your buy in at that point.

Percentages can be very deceiving. The lesson here is sell that at .36 cents. But I realize that's according to my philosophy and everyone doesn't subscribe to my philosophy.

Definition of stupid: Knowing the truth, seeing evidence of the truth, but still believing the lie.

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