Quote from: greyworld on August 21, 2017, 06:31:48 PM

Quote from: MC-Maxim on August 21, 2017, 06:26:24 PM

I`m not that good in those calculations yet. Just begining. At what price you suggest to sell the rest? Should we really wait for 100?

Here's how I do it:

Say you buy 100 at 65k.

Total buy in, 6,500,000 satoshi

Say you sold half those (50) at 77k

So now your total buy in is 6500k - 3850k = 2650

So your cost per, with 50 left, is 2650k / 50 = 53k

To find out how many you have to sell at what rate to break even, do this:

2650 / (how many of those 50 you'll sell) = Sell price

2650k / 30 = 88.3k

So if you sell 30 at 88k, 100% of your buy in is covered.

Leaves you with 20 GEO left that you didn't have to pay for. I would be very reluctant to sell those at all, maybe just a little here or there if you notice a really nice spike. Save some for 8/23!

Thank you for nice explain Wink

If the the price would drop to 65 again for example that would be good to buy some more, and sell again at peak.