🪙 BUYING $BTC AT DIFFERENT PRICES? THEN YOU NEED TO UNDERSTAND THIS
When you start accumulating Bitcoin, you probably don't buy everything at the same price.
You can buy part at $65,000, another at $72,000, and another at $80,000.
So… what is really your purchase price?
👉 Your average price depends on how much money you invested in each purchase and how much BTC you received.
💡 Why is it important?
Because it lets you know approximately at what price your position starts to be in profit or loss, without obsessing over each individual purchase.
That's why, when you accumulate BTC little by little, looking only at the price of the last purchase can be misleading.
📌 It's not about buying perfectly. It's about understanding what you're accumulating and what your average cost is.
#bitcoin #AprendeBitcoin #BinanceSquareTalks
When you start accumulating Bitcoin, you probably don't buy everything at the same price.
You can buy part at $65,000, another at $72,000, and another at $80,000.
So… what is really your purchase price?
👉 Your average price depends on how much money you invested in each purchase and how much BTC you received.
💡 Why is it important?
Because it lets you know approximately at what price your position starts to be in profit or loss, without obsessing over each individual purchase.
That's why, when you accumulate BTC little by little, looking only at the price of the last purchase can be misleading.
📌 It's not about buying perfectly. It's about understanding what you're accumulating and what your average cost is.
#bitcoin #AprendeBitcoin #BinanceSquareTalks
