Hello,
I need help creating an equation..
I currently buy Bitcoin on a site where people markup the price to make a profit..so I would pay a premium to get the Bitcoin at a certain rate.
For example, the market price/market rate for ONE Bitcoin is currently at $5,659.99, but in order for me to get 1 Bitcoin, I would have to buy it
at a rate of $6,336.91 for example....
But what I want to be able to do is to see what I would really end up getting at the rate of what the Bitcoin is being advertised at.
for example..if I purchase $800 worth of Bitcoin, if it was at the market price, I would receive $800 worth of Bitcoin, however since
I'm buying it at a higher rate, because these people selling the Bitcoin are trying to make a profit, instead of getting $800 worth, I would get something
like $780 worth (or whatever it would work out to be)
I want to create a spreadsheet where I can see how much worth of Bitcoin I would ACTUALLY get based on the rate that I'm paying..
because sometimes I want to buy or sell a certain amount, and I never know exactly how much I would get until after everything is all said and done.
If someone could create a simple spreadsheet for me that can do this, it would be greatly appreciated!
Thank you!
- Daivd
I need help creating an equation..
I currently buy Bitcoin on a site where people markup the price to make a profit..so I would pay a premium to get the Bitcoin at a certain rate.
For example, the market price/market rate for ONE Bitcoin is currently at $5,659.99, but in order for me to get 1 Bitcoin, I would have to buy it
at a rate of $6,336.91 for example....
But what I want to be able to do is to see what I would really end up getting at the rate of what the Bitcoin is being advertised at.
for example..if I purchase $800 worth of Bitcoin, if it was at the market price, I would receive $800 worth of Bitcoin, however since
I'm buying it at a higher rate, because these people selling the Bitcoin are trying to make a profit, instead of getting $800 worth, I would get something
like $780 worth (or whatever it would work out to be)
I want to create a spreadsheet where I can see how much worth of Bitcoin I would ACTUALLY get based on the rate that I'm paying..
because sometimes I want to buy or sell a certain amount, and I never know exactly how much I would get until after everything is all said and done.
If someone could create a simple spreadsheet for me that can do this, it would be greatly appreciated!
Thank you!
- Daivd