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Very simple question Very simple question

05-29-2021 , 11:26 AM
If I invest $100 into Bitcoin and it goes up 200% and I I’m thinking about selling it, will I have 3xed or 2xed?

The answer I gave was I 2xed but the investment 3xed
Very simple question Quote
05-29-2021 , 12:49 PM
I'm assuming "it" in your first sentence refers to BTC price.

200% rise in price puts you at $300. You tripled your stake. This 2x/3x semantics game depends on your own context in using that term and on what "it" refers to (your BR or the price or something else).
Very simple question Quote
05-30-2021 , 08:50 AM
Thank you. That was the answer I was hoping for
Very simple question Quote

      
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