and btw that is not called as growth its the amount by which it went down in last 24hrs means it went like 82.36% from 100% in 48th hour to 24th and then went down to 78.74% in last 24hr to now......So what ur saying is from 82.36% to 78.74% is Growth?
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What are you talking about? Don't you see the "-" in front of the numbers?
At the time of my checking was -17.64% ( red number) and my guess is, from that point if you invest you will have a return (profit) of 13.24%.
And your rules stated to write maximum growth not which currency will be in green. So over all, there are holes in this contest.
bro do you understand what you are talking or have you ever invested in something like stock market or cryptomarket? Coz it looks like you have hard time reading this charts...well read my earlier msgs ones more or i will make it even simpler in last 24hrs ICON went from 100% to 95.6% and nano went from 100% to 102.88% well this is not what i am saying its what market saying...I dont know how to make it simpler than this someone help me out
You should judge by Historical data either High or Close value because if every pick stays in red, there are no winners as there is no new maximum growth. Would in that case a 0% pick be valid as a win?
if all values are negative the winner will be the one which has loss as close to zero as possible more like if you have -1% you go from 100% to 99% and when you have -10% it goes from 100% to 90%.....
now the i am using are 24hr charts......which compares the current values of currencies to the values which were 24hrs before.....You can also get weekly chart or yearly when it will compare the current price with that of year or week ago and give you the corresponding growth or loss
Historical data tab on is in daily values on coinmarketcap.
can you tell me little clearly wat exactly is your doubt ? i hope all my conversation has cleared your concept about what is profit and what is loss
please read all the conversation ones more it will help you to understand the concept and if you have any doubts you can ask me anytime
okay it is quite hard to explain you but ill try to where you are going wrong.....Well bro you are applying your interest to a principle value.....like you are taking 100 as a principle value and you are saying 24Hrs back it was 82.36% (that is -17.64% growth) and according to you it is 95.6% (that is -4.4% growth) so according to you it made 13.24%................................................
But my friend cryptocurrncies does not work like that it does not have a principle value so in reality first it went down to 82.36% then 4.4% of this amount that will be 82.36*4.4/100=3.62% so today it was (82.36-3.62)=78.74% so in last 24 Hrs it went from 82.36% to 78.74% which is actually loss i hope it helps in understanding the concept now