In this video I will talk about how to do basic cost averaging. This can be applied to stocks, crypto or just about anything where you are doing frequent buys. I have also included a link to the calculator. To make changes download a copy by clicking file download. default file is Excel.
Cost Average Calculator
https://docs.google.com/spreadsheets/d/1dnLWgOyntzVupbF0mD_FyHq5VlaMnBVbjxBkrNjsnfg/edit?usp=sharing
π¨π©βπ¦±π¨ Community π¨π©βπ¦±π¨
SubScribe Now : https://www.youtube.com/HOWHEDOIT?sub_confirmation=1
Dtube: https://d.tube/#!/c/cryptoslo
Reddit: https://www.reddit.com/r/CryptoSlo/
https://www.facebook.com/BitCoinSlo/
Twitter: https://twitter.com/BitcoinSLO
Steemit: https://steemit.com/@cryptoslo
If Youβre Not Talking Gains, Then Were Not Talking. π
βοΈβοΈβοΈ DISCLAIMER βοΈβοΈβοΈ
The content in this video references an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Edited With : Camtasia
#passiveincome
#HowHeDoIt #CryptoSlo #CryptoCurrency #BitCoin
19 Comments
thanks mate helped alot, any vids showing how I would workout my new average if I sold some? cheers
Thanks HowHeDoIt! Are you on steemit? You can find me there https://steemit.com/@icedrum π
Can you share the link to download the exel calc please?
how do you find your old cost average? i want to figure out my cost average per coin for my holding so I can make a portfolio tracker.
It wont let me edit the spreadsheet you made. I t says I need permission. Subscribed.
This is great if you are using a stable coin as a base but let's say i trade coins that only allow me to use eth, xrp, or Bitcoin. Those prices are not stable so a Satoshi doesn't equal close to the same from day to day. How do i calculate that ? Appreciate any help.
Please solve this issue..
I bought 1000 coin at 10$,
Now i want to buy more 1000 coins but price is now 40$…
So should i buy at 40$ in individual wallet ..
Or should i buy in same wallet by averaging the price..
Is it matter or what should I do..?
Great
Great value and video. Thanks for sharing and giving access to this valuable crypto calculator.
Thank you very much Brother!! Helped me heaps π
Will this sheet work for any crypto
Whatβs the equation ?
Hello, how about if you have sold some. Say, you have bought few times at different prices and sold some at different prices, how to calculate your current cost. for example you have bought a coin at 100, 90, 80, 70, 40. and sold at 85, 95, 65, 55 what will be cost of remaining coins in your wallet.
This calculator is awesome. Thanks
how can we use your Cost Average Calculato right now i can not make any chances
well i the calculato lowdown but now it does not add up all the number how do you do that
What if you sold some already?
thank you very much
And when I sell how can I calculate it ?