Why should you play with mainstream coins? Brother Tian will do the math for you and it will be clear at a glance!
(1) The mainstream coin fell by 30%, rebounded by 25%, and is about to return to its previous high.
(2) Many altcoins fell by 80% and rebounded by 60%. It seems that the single-day pull is very strong, but in fact there is still a 68% drop.
Assume that the initial price is 100.
Mainstream coin: 100*0.7 (1-30%) = 70
70* (1+0.25) = 87.5, which is equivalent to a 12.5% drop from the high point.
Altcoin: 100*0.2 (1-80%) = 20
20* ((1+0.6) = 32, which is equivalent to a 68% drop from the high point.
RIF is a typical example. Hold on to your BTC. The other 95% of altcoins or local dogs will be nothing in 2~3 years!
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