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Author Topic: how to find break even point ??  (Read 139 times)
cryptocurious18 (OP)
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October 10, 2017, 05:46:09 AM
 #1

for example


          i bought some XVG at price 180 (quantity - 1000) 150 (quantity- 1500) 130 (quantity-2000) so how i find average Huh
puvanb
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October 10, 2017, 05:57:17 AM
 #2

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.
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