Dollar-cost averaging (DCA) calculator for 0.5X Long Algorand (ALGOHALF) backtesting

Price development of ALGOHALF

Investing $100 in ALGOHALF from Apr 2022 to Jul 2022 every 7 days ($900 in total) would result in $757.69 of value! Average price of $11,655.14 per 1ALGOHALF. -15.81

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$900 (9 investments)
Value in FIAT
$757.69
Value in crypto
0.077219 ALGOHALF
ROI

-15.81%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ALGOHALF purchased with $100Profit/Loss %
4/7/2022$14,667.03$14,667.03$100$1000.00681801 ALGOHALF0.00%
4/24/2022$13,996.67$14,324.01$200$195.430.00714456 ALGOHALF-2.28%
5/4/2022$14,334.36$14,327.46$300$300.140.00697624 ALGOHALF+$0.05
5/11/2022$12,957.15$13,958.41$400$371.310.00771774 ALGOHALF-7.17%
5/18/2022$12,010.18$13,519.79$500$444.170.00832627 ALGOHALF-11.17%
5/30/2022$10,734.89$12,959.46$600$497.010.00931542 ALGOHALF-17.17%
6/14/2022$9,341.94$12,280.13$700$532.520.01070441 ALGOHALF-23.93%
6/23/2022$9,975$11,935.36$800$668.60.01002506 ALGOHALF-16.42%
7/7/2022$9,812.18$11,655.14$900$757.690.01019141 ALGOHALF-15.81%

Dollar cost averaging

What is DCA?

Dollar cost averaging (DCA) is calmest investment strategy where person invests a fixed amount of money over given time intervals, such as after every paycheck or every week, without checking prices and stressing of pumps or dumps.

People choose this investment strategy when long term growth of an asset is foreseen (investopedia).

Source: investing in Bitcoin from January to May in 2021.

Timing

When should I start?

This is made to be simple and calm, remember? The rule of thumb here is - don't wait for any dips, just start. So, the simple answer is - now.

Even if price dumps in a meanwhile, historical data shows us that it will eventually rise (usually by a lot) which gives you a competetive adventage and lower average price.

Source: investing in Bitcoin whole 2020 Vs. only the second half of 2020

People saving $50 in Bitcoin per week, over the last three years turned $8,500 into $60,076

(source DCA calculator)