I don't think so... ✅ Final Answer comparing 5k invested $5,000 at $295/share buys 16.95 COIN shares To match $50,000 in compounded CONY value after 5 years of dividends COIN must reach $3,130.68 per share
Oh I thought you were comparing the pairs coin/cony....anyway this isn't about the performance it's about the immediate affect of the lateral move. Is realizing a loss now the same economically as not taking a loss and paying more for the same position?
Selling and buying real estate comparison: Scenario A – Stay Put Buy for $500K Value drops to $400K Hold → value recovers to $500K No loss realized, end value: $500K Scenario B – Sell + Rebuy Buy for $500K Sell at $400K → $100K loss realized Buy identical house at $400K Value recovers to $500K → $100K gain End value: $500K ✅ Same outcome, different paper trail One books a loss and gain, the other just rides it out.
Same outcome only if they are 100% "correlated". The less "correlated" they are, The more uncertainties.
Close enough...both track Bitcoin and Maro slightly higher return...so whether flat, up or down makes no difference for this lateral move from CONY to MARO.