If you've bought $PNUT at a higher price and the value has dropped, there’s a strategy that could help reduce your losses and even turn a profit. For instance, if you purchased 100 PNUT at $1.88, but the price has fallen to $1.32, you can buy 100 more at this lower price.
Here’s how it works:
(1.88 x 100) + (1.32 x 100) = $320
$320 ÷ 200 = $1.60 average cost per token
When the price rises again, you can sell, reducing your overall loss, or possibly even earning a profit. Stay positive, focus on solutions, and avoid dwelling on negativity.
This strategy isn’t limited to $PNUT; it can be used for any token!
