05-20-2021, 08:35 PM
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#2879
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Banned
Join Date: May 2021
Casino cash: $10000400
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Quote:
Originally Posted by Third Eye
Seems to have gotten a little testy in here, so I hate to mention that this isn’t really correct. Put it in a spreadsheet yourself and you’ll see that at this price his investment is still positive about $95. The problem is you are taking the weighted average of the amount invested and the share/coin price. What you need to do is take the weighted average of the number of shares/coins and share/coin price. The real answer is roughly $41,674.
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Posts: 3
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