DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for 2SHARE (2SHARES) backtesting

Price development of 2SHARES

Investing $100 in 2SHARES from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,415.94 of value! Average price of $2.72 per 12SHARES. +1.14%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,415.94
Value in crypto
515.244885 2SHARES
ROI

+1.14%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)2SHARES purchased with $100Profit/Loss %
7/2/2022$2.81$2.81$100$10035.630503 2SHARES0.00%
7/9/2022$2.52$2.66$200$189.9239.623592 2SHARES-5.04%
7/16/2022$2.31$2.53$300$274.0743.231895 2SHARES-8.64%
7/23/2022$2.44$2.51$400$389.2740.959736 2SHARES-2.68%
7/30/2022$2.38$2.48$500$479.2742.039752 2SHARES-4.15%
8/6/2022$2.74$2.52$600$652.7536.451558 2SHARES+$8.79
8/13/2022$3.78$2.65$700$1,000.4726.423598 2SHARES+$42.92
8/20/2022$3.04$2.69$800$904.0832.877238 2SHARES+$13.01
8/27/2022$2.26$2.64$900$772.9444.170021 2SHARES-14.12%
9/3/2022$2.26$2.59$1,000$871.9444.227024 2SHARES-12.81%

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)