I'm afraid not, because when you lose -50% you need to double your investment to cover the whole loss. That is to say you need to get +100%. So here to cover half of a -50% drop you would need to earn +50% during the year.
50sat - 50% = 25sat
25sat + 25% = 31.25sat
(50sat - 31.25sat) / 50sat = 37.5%
This means the loss will be worth -37.5% instead of being -50%. So "only" 25% of the loss will be covered actually.
I'm not saying it's a bad investment, I think the opposite actually, it's a very good one if you are gambling there.
Oh sorry, I meant to say that the returns would cover SOME of the loss, not all of it. Don't worry I knew/know very well I am in a big loss now (50% unrealized, because 25% has not actually been completed).
Although one very important thing to note here is that my original investment was made more than a year ago. So in fact, I have already made my first 25% which expired and reinvested it all in October. So in October 2023, I would have made 56% (25% compounded) on my original investment...
Which still puts me at about 25% loss anyway.
Now the best thing about this is if I reinvest one final year... I'll get close to double my original FUN. Only THEN will I break even at 50% BTC loss.
But get 3 years worth of WoF of course hehe
I think it is better to think in investment terms,the more FUN you make passively and if you can wait that long you will be winning in the long run as the Bitcoin price will surely recover and when the next bull run will come you will be a happy person.I know that now it is a great moment to invest in the site as the price of 1 FUN token is cheaper with the recovery of the price of Bitcoin and anyone can start if they want.
I am doing the same except I prefer a coin which has more potential and better price,I am buying Zilliqa and staking them for 15% during the year,I also have many FUN tokens staked also which means that this is a good strategy investment.