The magic of the average price! $THE

To calculate the average price of cryptocurrencies, you need to add up the total amount spent on all purchases and divide it by the total number of cryptocurrencies purchased.

For example, if you bought 10 THENA for $4.00 each (purchase 1 = $40.00)

Then, during a correction, you bought 5 more THENA for $3.00 (Purchase 2 = $15), the average price would be:

Purchase1 + Purchase2 / 15 (Total tokens) = Average price

So this would be the result:

$40.00 + $15.00 / 15 = $3.66

In short, you who were stuck at the initial price purchased at $4.00, managed to reduce it to $3.66, making the margin needed to recover your total investment smaller.

Always set aside a portion of your investment for repurchases to improve your average price, this makes all the difference.

Excellent profits to all!