Dollar-cost averaging (DCA) calculator for 1eco (1ECO) backtesting

Price development of 1ECO

Investing $100 in 1ECO from Apr 2022 to Jul 2022 every 7 days ($1,300 in total) would result in $1,050.03 of value! Average price of $5.07 per 11ECO. -19.23

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,300 (13 investments)
Value in FIAT
$1,050.03
Value in crypto
256.576472 1ECO
ROI

-19.23%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)1ECO purchased with $100Profit/Loss %
4/6/2022$8.95$8.95$100$10011.178025 1ECO0.00%
4/13/2022$9.34$9.14$200$204.410.706624 1ECO+$2.20
4/20/2022$9.39$9.22$300$305.4810.650454 1ECO+$1.83
4/27/2022$6.07$8.16$400$297.4616.476731 1ECO-25.64%
5/4/2022$6.16$7.66$500$401.7116.244433 1ECO-19.66%
5/11/2022$5.06$7.06$600$430.2819.758027 1ECO-28.29%
5/18/2022$4.08$6.39$700$446.7524.517580 1ECO-36.18%
5/25/2022$4.06$5.96$800$544.9624.616045 1ECO-31.88%
6/1/2022$4.09$5.67$900$648.5624.454398 1ECO-27.94%
6/11/2022$4.07$5.46$1,000$745.9224.554399 1ECO-25.41%

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)