Dollar-cost averaging (DCA) calculator for 1X Short Litecoin Token (LTCHEDGE) backtesting

Price development of LTCHEDGE

Investing $100 in LTCHEDGE from Apr 2022 to Jul 2022 every 7 days ($1,000 in total) would result in $1,189.77 of value! Average price of $453.11 per 1LTCHEDGE. +18.98%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,000 (10 investments)
Value in FIAT
$1,189.77
Value in crypto
2.206954 LTCHEDGE
ROI

+18.98%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)LTCHEDGE purchased with $100Profit/Loss %
4/7/2022$369.27$369.27$100$1000.27080194 LTCHEDGE0.00%
4/14/2022$384.64$376.8$200$204.160.25998063 LTCHEDGE+$2.08
4/24/2022$398.18$383.67$300$311.350.25114502 LTCHEDGE+$3.78
5/4/2022$406.24$389.07$400$417.650.24616032 LTCHEDGE+$4.41
5/11/2022$465.79$402.33$500$578.880.21468781 LTCHEDGE+$15.78
5/18/2022$493.18$415.07$600$712.910.20276762 LTCHEDGE+$18.82
5/25/2022$501.95$425.59$700$825.590.19922285 LTCHEDGE+$17.94
6/2/2022$498.07$433.48$800$919.210.20077361 LTCHEDGE+$14.90
6/19/2022$568.44$445.22$900$1,149.080.17591948 LTCHEDGE+$27.68
6/27/2022$539.1$453.11$1,000$1,189.770.18549434 LTCHEDGE+$18.98

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)