I'm trying to understand the concept of '10x' in the investing world. Could someone explain what it means when an investment is said to have '10x' potential or return?
7
answers
Daniele
Sat Mar 08 2025
The term "10x" in investment signifies a substantial return.
Riccardo
Sat Mar 08 2025
Specifically, it indicates that an investor has received ten times the amount they originally invested.
Carlo
Sat Mar 08 2025
This level of profit is highly desirable and can significantly boost one's financial portfolio.
SejongWisdomKeeperElite
Sat Mar 08 2025
On the other hand, "2x" signifies a doubling of the investment.
Elena
Fri Mar 07 2025
While not as impressive as 10x, doubling one's investment is still a notable achievement.