Title: how to find break even point ?? Post by: cryptocurious18 on October 10, 2017, 05:46:09 AM for example
i bought some XVG at price 180 (quantity - 1000) 150 (quantity- 1500) 130 (quantity-2000) so how i find average ??? Title: Re: how to find break even point ?? Post by: puvanb on October 10, 2017, 05:57:17 AM Its easy,
1.) Price * Quantity = Total Value 2.) Total Value / Total Coin Quantity = Average Price For your example, Total value of your coins = > (180*1000) + (150*1500) + (130*2000) = 665000 Total quantity of your coins => 1000 + 1500 + 2000 = 4500 Average value per coin = > 665000/4500 = 147.7778, which is 148 is your average price. |