Let’s play a game. Flip a coin, tails you win

Question

Let’s play a game. Flip a coin, tails you win

2x your money and heads you lose and I take it all.

So you should play right? You win 50% get $2 lose 50% lose $1.
The odds would be in your favor, but that wouldn’t mean bet your life savings in this game. Yeah the more you play the more you win, but if you risk your life savings you also have 50% chance to lose it all.
That’s the way I think DeFiChain works. Never bet all your money or even most, but you’re more likely to come out with a profit than a loss. Besides, if you can invest $1 today, you can max lose $1. But your max profit is unlimited.

#blockchain #cryptocurrency #defichain #english

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09.06.2022