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Bitcoin Forum > Economy > Trading Discussion > How do i calculate the average price in this case?
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BitcoiNaked (OP)
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March 10, 2015, 01:16:32 PM
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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.
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March 10, 2015, 01:34:35 PM
Last edit: March 10, 2015, 03:00:11 PM by SebastianJu
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Quote from: BitcoiNaked on March 10, 2015, 01:16:32 PM
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
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
BitcoiNaked (OP)
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March 10, 2015, 02:53:03 PM
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Quote from: SebastianJu on March 10, 2015, 01:34:35 PM
Quote from: BitcoiNaked on March 10, 2015, 01:16:32 PM
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

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March 10, 2015, 03:19:22 PM
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Quote from: BitcoiNaked on March 10, 2015, 01:16:32 PM
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 Wink
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