Cryptocurrency "Break-even Formula":
If it drops by 10%, it needs to rise by 11.1% to break even.
If it drops by 20%, it needs to rise by 25% to break even.
If it drops by 30%, it needs to rise by 42.8% to break even.
If it drops by 40%, it needs to rise by 66.7% to break even.
If it drops by 50%, it needs to rise by 100% to break even.
After a loss of more than 20%, the difficulty of breaking even gradually becomes exaggerated, so many retail investors and institutions set a 20% loss rate as a stop-loss line. How much did you stop-loss this time? How much does it need to rise to break even?
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