Cryptocurrency Q&A
Is 10000% 100x?
Is 10000% 100x?
ZenBalanced
Sun May 12 2024
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5 answers
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Is 10000% truly equivalent to 100 times? This question seems straightforward, but it actually holds a deeper mathematical and logical curiosity. Let's delve into it. Percentage is a way to express a proportion, specifically a part of a whole expressed as a hundredth. So, when we say 100%, we mean the whole thing, or 100 times of a single unit. But what about 10000%? Does it mean 10000 times? Or is there some other interpretation? This isn't a simple multiplication problem, it's more about understanding the fundamental meaning of percentages. Could it be that 10000% is actually just 100 times, with an extra zero added for emphasis? Or is there a more complex relationship at play? I'm eager to hear your thoughts on this, because it's certainly not as simple as it seems.
5 answers
DigitalDukedom
Tue May 14 2024
Prior to exploring investment techniques, it's essential to clarify the concept of a 100x return in crypto markets.
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henry_grayson_lawyer
Tue May 14 2024
In crypto terms, achieving a 100x return signifies multiplying your initial investment by 100.
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amelia_miller_designer
Tue May 14 2024
For instance, if you invested $10,000 and it grew to $1 million, that would constitute a 100x return.
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Carolina
Tue May 14 2024
Similarly, converting $1,000 into $100,000 would also be deemed a 100x return.
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Giulia
Mon May 13 2024
BTCC, a UK-based crypto exchange, offers diverse services that cater to crypto enthusiasts.
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