Be honest how many times have you done this

He could have held and sold for $90 netting himself $30 dollars instead he sold for a profit of $10 then bought for $10 higher than he sold it for to sell again for a profit of $10. So he lost $20.

Yes, you're retarded but don't worry about it your mother still loves you...(?)

70-60= 10
70+10 = 80
80-70 = 10
10

So, i have 100 bucks. Buy 1 Coín, remaind 40. Sell the Coín. 70+40=110. Buy antoher at 80 ( got 30 ), sell for 90 +30 = 120
I won 20 bucks

>newfag buys butt coin at $60
>sells when it hits $70
>he made $10
>price keeps going up
>FOMOs in at $80
>sells at $90
>made a total of $10
>if he had held his link for another year it would have been $1000 per coin
>instead he listened to the FUD

He didn't lose anything and he didn't gain anything... but on the other side he lost paying fees for trades...

He made (1+1/7) * (1+1/9) * (Initial investment)
:^)

Have 60 buy 60 = 0
Have 60 sell 70 = 10
have 10 buy 80 = -70
have -70 buy 90 = 20

That's kind if funny when you think of it like that.

Costs: 140$
Gross profit: 160$
Net profit: 20$
no wonder you retards are going to get raped by the long audick of the IRS

30

sell 90*

He broke even. I'd like to this everyone here is just memeing and not actually this retarded, but I know better.

The question is how much he made, not how much he could have potentially made.

What if the next goat owner sells it to someone else for $60. Does that mean that the previous owner is now up 30 dollars all of a sudden?

Your logic is retarded.

Kys retard.

$10
retard

($90-$60) / 2 = $15

Literally the only right answer, how many of you fucks are actual brainlets.

First trade: $10 profit, second trade: -$10, third trade +$10

So 10 profit total.

He turned 60 into 70 and then 80 into 90, total 20 profit.
Lmao at brainlets who say he lost money

Say he starts with $100.
100 - 60 = 40
40 + 70 = 110
110 - 80 = 30
30 + 90 = 120

Can someone tell me what the fuck is wrong with this logic? He makes $20 fucking dollars.
Also, someone cap this thread with a Veeky Forums - Business & Finance caption.

This.

Correct. Missed potential profit isn't part of the equation.

So in your world if you miss opportunity to make money you actually lose money?

Bet you have already lost billions because you didn't trade perfectly.

Wait, that's not how the world works.

Start with 60
Buy coin, now 0
Sell coin, now 70
Buy coin, now -10
Sell coin, now 80

20 dollar profit, retards

this, If you think he lost money because he buys something at 80 after selling it for 70 you don't understand the point of trading...

nowhere did that image state this guy only owned 60 bucks at the start

so let's assume he did have more capital, like 100

he bought for 60, has 40 left, sells for 70, has 110 now, buys back for 80, has 30 left, sells for 90 now he has 120 left

started with 100, now has 120, that's a 20 bucks profit.

Its a bait/brainlet thread. OP knew this would happen because Veeky Forums has almost the lowest IQ of Veeky Forums

Input: 80 + 60 = 140
Output: 90 + 80 = 160
Net gain: 160 - 140 = 20

He made 20 bucks.
But could've made 30 bucks if he bought and hodl.

This is why trading never works and warren buffets hodl technique always works.

Ok I'll try again
initially he had 60
then he sold for 10 dollar profit so he has 70
then he bought when it was 80 and it says he bought a coin so I assume he bought a whole coin so he must have spent another 10 to make it 80
then he sells for another 10 profit so yea he made 20 overall

His net gain is $10. He has $10 more than what he started with

No that's true - my $30 wouldn't have been potential though - the glass is full, half air half water...

if you never sell you never make profit, that same goat/coin could have kept the price of 60 if he never traded it, or went below (as it gets older :P)

Based off this logic, he only lost $10... But this logic is retarded anyway. He made $20

$20. anyone who says otherwise is retarded or going through mental gymnastics with opportunity costs or fees just to be contrarian. It's literally just 2 round-trip trades for $10 profit each time.

I'm not sure I'm getting the joke, unless it's that he should have held on and sold for 90 in a single transaction.

But the answer to your question.

Transaction 1:
Return (70) - cost basis (60) = 10

Transaction 2:
Return (90) - cost basis (80) = 10

Total return = 10+10 = 20

I'm not going to argue coins, but with stocks there are several reasons why he would have done it this way.

For example... let's say the goat has earnings coming up and he's not sure how the goat market is going to react.

So he sells the goat for 70. If the price of goats were to drop to 50, it was good if he got out. If the price of goats goes up to 90, then it's bad that he got out but he's still booking profit.

But... looking at it as though he "lost" 10 is a classic symptom of a problem gambler.

kek, Veeky Forums is just full of sadists who either act like brainlets to rile people or try to convince people to make bad financial decisions with bad financial advise.

say he starts with 0 dollars, he buys for 60. he makes 60 dollar profit, then he sells at 70. thats 60-70. now he is at -10. he cant buy back because he has no money its a trick question

He sold twice profiting $10 each time so $20 total. This isn’t fucking rocket science.

You can sell. But sell later.
When you're out of the game.
Otherwise, why sell when you're still in the game?

Keep buying.

he spent the $10 he made on the first transaction though, then only gained $10 on the second
he made $10

>say he starts with 0 dollars, he buys for 60. he makes 60 dollar profit

Ok, that's right, he made $20 of real mony.
BUUUT in some retard brainlet economic science way (((they))) want you to think that in overall operation he LOST $10, because he could HODL and sell it for $90 without making trades on 70 and 80. ((( they ))) don't like it when you trade. (((they)) like it when the money in one place, where (((they))) can easily observe them.

You're not the brightest star in the sky, are you?

Yes and that's called opportunity cost irl

If he starts with zero he can’t buy anything you fucking retard.

>this is what poorfag investors believe
Its ok, he took a day loan

>he doesnt create instantaneous money
stay poor non wizard

buying at 80 isn't a loss of 10 dollars you retard. It may be a potential loss (since he didn't hold) but it isn't actualized. The only two actualized profits are both for 10$, making a net profit of 20$.

n yeah, you can make more theorically if you sell the top and buy the bottom, but you aint no genius...

I can't believe there are actually anons on this thread who don't understand this. Multiple different ways of calculating it, but at the end he always made $20 profit. Average IQ of this board must be retard level with the number of people who don't seem to grasp that.

Inverse goat swap contract spotted

>doesn't understand opportunity cost
>thinks it's a jewish scam
I guess I shouldn't be surprised

the rest of the comment got deleted... guess the bogs dont want me to share this

How did he buy $60?

can't tell if trolling or genuinely retarded (you, not the user who correctly said he made $20 profit)

10

binance

This is not how things work you fucking children.

You can say holders of BTC since 2011 lost money because they didn’t sell every peak and buy on every low.

I hope you hindsighting, brainlet losers get fucked.

Post your 100x longs and shorts or keep your Monday morning quarterbacking bullshit to yourself.

He made 20 bucks, you can't buy $80 worth of something with $70 so there was more money.

I don't know if you're baiting me or if you're just clueless. If you're not baiting me, (and as someone else pointed out), you're in for a BIG surprise from the IRS.

My answer is the correct answer.

Because sometimes the goat dies.

>IRS
lmao

>the absolute state of/biz/

Go on

This whole thread is proves why you never take advice from Veeky Forums

Full of void skulls.

So, how did he break even if he started with 60 and ended with 90?

$28 profit

this

My boss owns a farm.
He told me that he has to pay capital gains tax on the calves his cattle bear after they're sold
That's the biggest pile of bullshit ever, imho and I'm an urbanite
progressivecattle.com/topics/management/8218-tax-tips-for-cow-calf-producers

$28, minus transaction fees.

Input = 49
Output = 77
Gain is 28. Not sure how any of these are brainlet filters

Funny enough LINK is the most shilled shit in Veeky Forums wow talk about coincidences

kek

its 20 you fuckers.
the absolute state of biz

I really need to start my "two tens for a five" coin.

You're first and third answer should both be 20 dollars profit.

idiots, he spend $49 buying them in the first place
he's at -$21

>biz insists that they are more intelligent than Reddit
>this thread

the REAL question is why is always "a MAN buys"
is Veeky Forums really sexist?

people who say 10 buy chink scams like vechain

>the man has 70 dollars in his pocket
>total=90
>10 bucks profits
These are the people you get advice from.

OK, I'm convinced that this whole thing is bait. No one can be this bad at math.

>negative money

Now, now. You're part of the absolute state of biz.

Reminder that brainlets iit are the ones you take advice from.

kek. why you fat fucks screenshot anything.
at least i noticed i made a mistake.

He forgot to pay taxes on the original sale at $70 so he gained $20 and lost his freedom

Yeah, it's called debt

Holy fucking shit this thread.

fuckin kek