Bitcoin Forum

Hello,
I use Kraken, but they don't show me what is the Break Even price for all my various BTC/ETH/LTC positions...can you recommend me an alternative that automatically calculates the Break Even price for me?

Thank you

I don't think that there is such site that offers it .
You should be the one that calculates it on your own.
Or if I am not mistaken you could use bot's to do it for you.

No there isn't to the best of my knowledge. How difficult could it be to calculate your break even price anyways? Sure, it's a bit of math, and sure you have to take into account all the various fees (takers, makers, whatever) but it shouldn't be too complicated. If you are serious about trading you have to learn to do the math every time you trade.

I think you can try with Poloniex because I see Break Even as you said, but I am not sure if that is what you want to know.
Maybe you can take a look at the image below, and I hope that this is what you search.


You can check the first price you bought the coin, and then you can see how much price you should use to get the Break Even Price or get the Profits.

If you cannot find one you can just make a spreadsheet of your trade and create a formula on the spreadaheet to easily calculate your break even. As a trader you should know how to compute and keep record of your trades and assets.

As far as I know, Kraken doesn't have that feature. However, it isn't hard for you to make your own calculation.
The records of your previous and current assets still depends on your own breakdown. I personally calculate mine as what others do, I'm using a spreadsheet.

thanks for sharing this because this is my first time see that poloniex already have a platform/features like this.


can you share what the spreadsheet that you are using? so i can make my own spreadsheet using yours as reference

If you want an easier way to do these and you don't want to calculate on your own you can try out Blockfolio a portfolio management app that can mimic your Kraken's portfolio. Recently Blockfolio just included the option to add trading fees/rates to be part on your trade you put up so that you can have a much more accurate reading on the price you are targeting. After that you can set up individually on the preferred gains you are trying target on each coin.

Like Theb Mentioned portfolio apps are quite resourceful here if you are using other exchanges like Binance
I use Bituniverse and 3 commas(it's a trading bot but i don't use it, i just user the portfolio management section to see the gains i have made)

Your truly correct mate, trading job is very serious work need to give more quality time to monitor the moving of the cois or tiken traded by the trader itself to avoid loses double effort.




Learning math is a very basic important in trading to calculates lose or break even strategy incase they trap.

You're welcome, and I hope it could help you to check how big your profit from every coin.
You can also get the spreadsheet of every coin you trade by clicking the Export History button in the top right.
That will be useful for you to analyze if somehow you want to know how much the profit and the loss you already made.