How do i calculate the average price in this case?

[BitcoiNaked]

Hi guys i have bought 271k coins at 0.000058 and another 110k coins at 0.00003. How do i count my average price here? Obviously there is more weight at 58 than 3.

[SebastianJu]

Hi guys i have bought 271k coins at 0.000058 and another 110k coins at 0.00003. How do i count my average price here? Obviously there is more weight at 58 than 3.

I believe you calculate:

((27100 * 0.000058) + (110000 * 0,00003)) / (271000 + 110000) = 0.000049916

[BitcoiNaked]

Hi guys i have bought 271k coins at 0.000058 and another 110k coins at 0.00003. How do i count my average price here? Obviously there is more weight at 58 than 3.

Ich glaube du rechnest:

((27100 * 0.000058) + (110000 * 0,00003)) / (271000 + 110000) = 0.000049916

Thanks

[foxkyu]

Hi guys i have bought 271k coins at 0.000058 and another 110k coins at 0.00003. How do i count my average price here? Obviously there is more weight at 58 than 3.

where are you trading at?
i suppose you are not trading at poloniex
because in polo, there is a trade history to calculate your bep
so you don't have to calculate myself