Post
Topic
Board Trading Discussion
Re: - 200 % from January
by
Thirdspace
on 31/10/2018, 20:29:01 UTC
Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003  to recover all back .
if you bought at 0.00042 and it is now 0.00010 that means the coin loses 0.00032 in price
there's no such thing as -200%, so in your case the price decreases by -76% (32/42)
but since you bought some more multiple times at lower prices, your average cost should be lower than 0.00042
and as you said, your recovery price is at 0.00030 which means 200% price increase (from 0.00010)