I'll get straight to the point 😊

Let's say you bought $NOT at the very top for the price of 0.0294 and got stuck in this trade, seemingly forever. What should you do now?

If you invested $100, then you have 3401.261 coins $NOT including fees.

Now you need to:

  1. Make sure the coin isn't dropping and will rise in the near future. This is the most difficult stage.

  2. Now you need to average. The more money you invest, the less increase you need to break even.

For example, recently the price during a daily drop was 0.005765 (I intentionally don't take the very minimum because it's hard to catch)

Now let's calculate.

  1. If you invest $200

- You will receive another 34691.91 coins.

- In total, you have 38093.17 coins and invested $300.

- To break even, you need to sell at a price of 0.008878.

- This is a 54% increase

2. If you invest $300

- You will receive another 52037.86 coins.

- In total, you have 55439.12 coins and invested $400.

- To break even, you need to sell at a price of 0.008244

- This is a 43% increase

3. If you invest $400

- You will receive another 69383.82 coins.

- In total, you have 72785.08 coins and invested $500. To break even, you need to sell at a price of 0.007898

- This is a 37% increase

4. If you invest $500

- You will receive another 86729.77 coins.

- In total, you have 90131.03 coins and invested $600.

- To break even, you need to sell at a price of 0.007667

- This is a 33% increase

5. If you invest as much as $1000

- You will receive another 173459.5 coins.

- In total, you have 176860.8 coins and invested $1100.

- To break even, you need to sell at a price of 0.006687

- This is a 16% increase

This is the math.

Now it’s clear why you should only risk 10% of your capital? It turns out that to save your $100, you need to invest another $1000 and still need a price increase of 16%.

And if we talk about futures… It's better not to average but always set a stop-loss.