1. The break-even point is the point at which total cost and total revenue are equal. 2. Meaning, there is no loss or gain. 3. Potential investors in a business not only want to know the return to expect on their investments but also the point when they will realize this return.
Calculating the Breakeven Point (BEP)
1. Current Total Investment = (1*BTC@49348.17) + (2*BTC@39342.32) + (4*BTC@21117.39) + (8*BTC@10357.35) = 295361.17 2. Breakeven Point = Current Total Investment / (Total Number of BTC) = 295361.17 / 15 = 19690.74
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.