Right? I doubt it'll make it to a dollar again. But I do think a rally is possible. It's already gone up 25% within the last day, and news of recovery and Luna V2 in the works. We'll see where this thing goes
those chances are not quite like that. You have a chance of about 50% of getting a rise in price at a particular time, but that rise does not get anywhere near to the profit you would need to match a winning lottery ticket. In order to win the same amount that you would have won with a 1st prize lottery ticket you need a lot of 50%s happening one after another. So your final odds of becoming successful are way below 50% and way closer to that 1 in a million that you made up. You have a 50% chance of seeing a price going up or down at particular time, but certainly you don´t have the same odds of becoming a millionaire with 100 dollars.
Man you are a pessimistic one aren't you? Well I have inserted my quarter into the slot machine, and the odds of me winning anything are 50% Once I reach 500000 I will set a stop limit and keep moving it up as it rallies. After that I will never buy into it again and keep whatever profits I make. Even if it is under 1M
Two parts to your problem there... The odds of winning most state lotteries is about 1 in 30. What you really mean is winning the lottery jackpot. Big difference. The odds of winning the multi-state Powerball is ~1:292,000,000, for example.