Did he make any overall profit? If yes, How much?

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Frank decides to invest in cryptocurrency. He pays \$22000 for it. After one day, the cryptocurrency value has increased to \$23000 and so Frank decides to sell it. But the next day he regrets his decision and he buys it again. Unfortunately, at a higher price and has to pay \$24000 to get it back, so he loses \$1000. The very next day, he sells the cryptocurrency for \$25000.

Did he make any overall profit? If yes, How much?

posted May 8, 2020
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