2 upvotes, 1 direct replies (showing 1)
View submission: Don't invest recklessly
That's presuming it goes down below 5000
Comment by ROKMWI at 30/11/2017 at 22:02 UTC
24 upvotes, 0 direct replies
What do you mean?
If you originally invested 4500 USD buying 1 BTC, and now sell 0.5 BTC, you'll cash out 4828 USD. You'll end up with 328 USD more than you started with, plus 0.5 BTC.
So if the price drops below 5000, and you decide to sell the your 0.5 BTC at say 4000, then you'll get a further 2000 USD. So you'll have made 2328 USD profit.