DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for 1X Short Cardano (ADAHEDGE) backtesting

Price development of ADAHEDGE

Investing $100 in ADAHEDGE from Jul 2022 to Oct 2022 every 7 days ($1,300 in total) would result in $1,331.42 of value! Average price of $7.92 per 1ADAHEDGE. +2.42%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,300 (13 investments)
Value in FIAT
$1,331.42
Value in crypto
164.091976 ADAHEDGE
ROI

+2.42%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ADAHEDGE purchased with $100Profit/Loss %
7/7/2022$9.25$9.25$100$10010.810811 ADAHEDGE0.00%
7/14/2022$9.51$9.38$200$202.8210.514142 ADAHEDGE+$1.41
7/21/2022$7.46$8.64$300$259.1713.397899 ADAHEDGE-13.61%
7/28/2022$8.6$8.63$400$398.4811.633289 ADAHEDGE-0.38%
8/4/2022$7.73$8.43$500$458.5512.928693 ADAHEDGE-8.29%
8/12/2022$7.19$8.2$600$526.2213.909380 ADAHEDGE-12.30%
8/19/2022$7.53$8.1$700$651.3513.275537 ADAHEDGE-6.95%
8/26/2022$7.98$8.08$800$789.612.539185 ADAHEDGE-1.30%
9/2/2022$7.96$8.07$900$888.0112.564393 ADAHEDGE-1.33%
9/9/2022$7.64$8.02$1,000$951.9913.095604 ADAHEDGE-4.80%

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)