Baron's Crypto Trading Journal

What a stupid remark.

If you start with $100, and lose $10, you have $90 left.
So you need to make 11.11% profit on your $90 to get back to $100.

If you start with $100, and lose $75, you have $25 left. That's the last big drop we saw.
You need to make 300% profit on your $25 to get back to $100.

It's not stupid.

He's just saying that in laymans terms a loss that is the result of the market retracing from 100 to 90 requires the market to bounce back to 100 to recover that loss.

We all get the percentage thing and,as deaddog mentioned,that is the way to analyse things without talking specific dollar amounts.
 
No. But I would like to add some more soon. Lately I have been buried with some projects at my house. Two weeks ago I had three oak trees and 140 bamboo trees removed from one side of my property, and this week I've got a crew cutting down well over 500 bamboos on the other side. It's a total clusterfuck at the moment.
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Bamboo is a fast growing grass and is pretty pervasive. It makes for a good building material, did you put the stuff in yourself?
 
No. But I would like to add some more soon. Lately I have been buried with some projects at my house. Two weeks ago I had three oak trees and 140 bamboo trees removed from one side of my property, and this week I've got a crew cutting down well over 500 bamboos on the other side. It's a total clusterfuck at the moment.
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Wow sounds expensive.... I just paid over 1k to have a single tree cut down
 
No. But I would like to add some more soon. Lately I have been buried with some projects at my house. Two weeks ago I had three oak trees and 140 bamboo trees removed from one side of my property, and this week I've got a crew cutting down well over 500 bamboos on the other side. It's a total clusterfuck at the moment.
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Bamboos are a nightmare if they aren't quarantined in concrete or steel encasing. You'll need to not only cut them but dig their roots out. Luckily they don't go deep but they can be quite long. GL
 
Bamboo is a fast growing grass and is pretty pervasive. It makes for a good building material, did you put the stuff in yourself?
Yeah, I put it in 16 years ago but bamboo is a funny species. It will stay at whatever height you planted it (usually 8 to 10 ft.) for several years, but then it just goes nuts after the 3rd or 4th year and shoots up to as high as 50 feet. The privacy it provides is great but then it just starts becoming a pain in the ass because certain bamboo shoots will start to bend over sideways and stay that way. And then when the inevitable hurricane comes, many of them will snap in half around the 25 ft. high mark, so they become very hard to prune without a man lift and other professional equipment. And the amount of leaves they dump when it's windy is just ridiculous. So my wife and I finally decided to just get rid of it all because we are over trying to maintain it.

After it's all been removed and the stumps have been ground down, I plan on replacing it all with a variety of fruit trees. Currently, we've got trees bearing oranges, lemons, limes, bananas, and avocados, but I'd like to add some peaches, blueberries, plums, mangos, etc.
 
Bamboos are a nightmare if they aren't quarantined in concrete or steel encasing. You'll need to not only cut them but dig their roots out. Luckily they don't go deep but they can be quite long. GL
Yeah, I'm told I'm going to have at least a $2k - $3k stump grinding bill. :banghead:
 
Yeah, I'm told I'm going to have at least a $2k - $3k stump grinding bill. :banghead:

From those pics it looks like you at least don't have any saw palmettos. That is a nasty evil piece of flora. Friend of mine down there had some, and no matter how hard he tried to eliminate them, they kept growing back. And they try to kill you while yer doing it.
 
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