If I buy 1k of a 0.01 shitcoin and then it goes to 0.02 and I sell my tokens did I just double my initial investment...

If I buy 1k of a 0.01 shitcoin and then it goes to 0.02 and I sell my tokens did I just double my initial investment? Or it doesn't work that way?

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Help me out faggots.

1,000/0.01=100,000
100,000*0.02=2,000

Yes you just doubled your investment. This is basic arithmetic a 6 year old child could do.

Yes but remember a Jew will find a way to take half of that

no
you will double when it goes down to 0.005 and you sell

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what really happens is you watch it go up to .02, rationalize why it's going to pump more, then sell when it crashes to .005

um but whatabout the goyim fees you have to pay to federal govt?

Also you're forgetting that it's not so easy to see shitcoin like the tokens on normiebase

sell*

Am I allowed to sell my tokens when one of said shitcoins doubles its value? Or is there any sort of caveat or limitation.

0.01 of 1k is is 10.

$1k for most coins will make their price go up in an order of magnitude, market depth is nothing and bots will make sure you get very little value for money

>$1k for most coins will make their price go up in an order of magnitude, market depth is nothing and bots will make sure you get very little value for money

t. the poorest faggot on all of Zig Forums

I meant one thousand dollars worth of a 0.01 per token shitcoin. Meaning I'd have 100,000 crying Brendan Frasier coins for example.

Also shill me the coins that at least 2x on the regular pls.

No u lose half because under a dollar value means u divide u brainlet faggotr

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This is such basic math that you should be ashamed of yourself. If you bought say 10k coins and it cost you 1k then you take that 10k and multiply it by the sell price. So yes, if the price doubles you get double. That's literally the entire equation everyone plays. It's all about the number you buy, the price you paid, and the price you sell. And of course any fees that may be involved.

Hey fuck you tranny

It's not a 2x unless your 100k turns into 200k cbf. Elastic supply coins are weird.

Yes. You now have $20.

>If I buy 1k of a 0.01 shitcoin and then it goes to 0.02 and I sell my tokens did I just double my initial investment? Or it doesn't work that way?

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Unfortunately no, new laws require shitcoins to be worth at least $1.0 before you can sell, this is to boost the shitcoin market

thats why you go through a non fiat exchange like kucoin

Just stop while your behind if you can't do this math you're gonna lose it all

Fuck you man.

For real? So I can't get rich dumping my cash on cheap shit that doubles its value while still being cheaper then?

It does not matter anyway. Imagine btc doubling in price. That's the percentage change required for a literally who shitcoin to double and it doest even have the brand recognition to help it get there. I don't thitk you realize what a big deal a 2x is. 10% a year can be difficult to consistently get. Percentages don't change whether it's 0.00000001 or 100000000000 you are applying it to.

fucking stupid board why i come here every day for financial advice for the past 3 years what is wrong with me

looks like new fags dont get the reference

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As long as there is a buyer at your price you're good. Someone needs to buy.

But there’s tons of threads claiming 10x On a shitcoin

Then go ahead and put 100k usd in. No reason something stops on just a 10x so you should get that 2x with ease, that's just a 20% move from there to a 2x right?

This. I sell at .15 though so I don't lose all my gains.

Are those scams?

Asking because I dont wanna get scammed