Quote:
Originally Posted by MTG#10
Does anyone know of a crypto calculator that figures up your average buy-in or break even price? Say I made 5 different purchases, all different amounts and all when Bitcoin was at different prices. For example:
1000 when it was at 52k
500 when it was at 48k
1000 when it was at 45k
3500 when it was at 38k
My brain is starting to hurt trying to figure out the best formula to calculate this and for some reason I cant find a calculator that will do it for me.
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Quote:
Originally Posted by Third Eye
Correct, and if you look at the first column, it asked for contracts/shares, not dollars invested. He didn’t purchase 1000 coins at $52K, he purchased 1/52 of a coin at $52000. If you put the amount of coins and purchase price in the link eDave provided, you’ll get my answer.
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Where does it say he purchased 1/52 of a coin at $52,000?
The amounts in his example were: 1000, 500, 1000, and 3500.
Edit: OK, I see what you are doing...I thought he was looking at hypotheticals and giving the amount of bitcoins purchased at a particular price....and not the amount he spent at a price point.