The 500 i reinvested may be lost however those are "reinvested earnings" so if i lose them that's in the category "lost opportunity", not "lost capital". You may disagree on the last point however it does not change anything on the amount of "hard cash" which i extracted. I agree that if i had not reinvested them i could be at a 20% profit now instead of 13% loss.
Lost opportunity would be if you didn't reinvest, and it wasn't a scam. Lost capital is lost capital, no matter how many times you withdraw and reinvest. It's just silly to say that if you invest $1000, withdraw it all, then reinvest it and loose, you break even.