Crypto Meme

The best thing about crypto is that it is full of MeMe. Enjoy your day even when its a down day.

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Is it only me? Or does this feels like a terrible idea

How to calculate average price

Hypothetical situation where I buy 10 litecoins at $50 and then i sold 5 litecoin at $300 and then use the proceeds to buy bitcoin cash 1 for $1500

1. Average price of 10 litecoin = $50

2. After selling 5 litecoins at $300

($500 – $1500) / 5

= -$1000/5

= – $200 -> I cannot lose any more on Litecoin now since i sold half at 5X profit

3. Average price of Bcash = $1500