Y
Hacker News
new
|
ask
|
show
|
jobs
by
alexcnwy
3113 days ago
It can also lose 20x. Losses hurt more than gains feel good. Utility theory suggests to sell if probability weighting of loss is high enough.
1 comments
vesrah
3113 days ago
How? If the value goes to 0 you lose 1x, not 20x.
link
diab0lic
3113 days ago
It can become worth 1/20 of it's original value.
link
qsucvatz
3113 days ago
Going to $0 is -Inf% loss.
link
oscilloscope
3113 days ago
Then if I lose 100% of my investment, how much have I lost?
link
kamaal
3113 days ago
Everything.
Sometimes its easier to describe this in terms of words, than numbers and symbols.
link
icebraining
3113 days ago
Everything is not that bad. Many people lose more than that on the regular stock market (using leverage).
link
hervature
3113 days ago
Usually there is margin liquadation levels that are in place so you can't lose ore than 100%.
link