Dollar-cost averaging (DCA) calculator for 0xDAO V2 (OXD V2) backtesting

Price development of OXD V2

Investing $100 in OXD V2 from Mar 2022 to Jun 2022 every 7 days ($1,400 in total) would result in $769.81 of value! Average price of $0.38 per 1OXD V2. -45.01

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$769.81
Value in crypto
3642.675259 OXD V2
ROI

-45.01%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)OXD V2 purchased with $100Profit/Loss %
3/26/2022$1.35$1.35$100$10074.302 OXD V20.00%
4/2/2022$2.26$1.69$200$267.6344.326104 OXD V2+$33.81
4/9/2022$1.17$1.47$300$238.385.777 OXD V2-20.57%
4/16/2022$0.82$1.23$400$268.41121.372 OXD V2-32.90%
4/23/2022$0.65$1.04$500$312.39153.386 OXD V2-37.52%
4/30/2022$0.4$0.82$600$291.78249.852 OXD V2-51.37%
5/7/2022$0.4$0.72$700$395.15246.999 OXD V2-43.55%
5/14/2022$0.36$0.64$800$450.85278.183 OXD V2-43.64%
5/21/2022$0.28$0.56$900$456.1352.207 OXD V2-49.32%
5/28/2022$0.25$0.5$1,000$500.52401.080 OXD V2-49.95%

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)