Dollar-cost averaging (DCA) calculator for 3X Long OKB Token (OKBBULL) backtesting

Price development of OKBBULL

Investing $100 in OKBBULL from Mar 2022 to Jun 2022 every 7 days ($1,400 in total) would result in $642.63 of value! Average price of $1.5 per 1OKBBULL. -54.10

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$642.63
Value in crypto
931.346166 OKBBULL
ROI

-54.10%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)OKBBULL purchased with $100Profit/Loss %
3/25/2022$8.35$8.35$100$10011.982411 OKBBULL0.00%
4/1/2022$7.76$8.04$200$192.9912.886367 OKBBULL-3.50%
4/8/2022$6.99$7.66$300$273.8214.306790 OKBBULL-8.73%
4/15/2022$6.1$7.2$400$339.1616.380188 OKBBULL-15.21%
4/22/2022$5.82$6.87$500$423.4717.174963 OKBBULL-15.31%
4/29/2022$5.81$6.67$600$522.617.210433 OKBBULL-12.90%
5/6/2022$4.62$6.27$700$515.2621.659091 OKBBULL-26.39%
5/13/2022$1$3.78$800$211.51100.078 OKBBULL-73.56%
5/20/2022$1.1$2.98$900$333.5490.639 OKBBULL-62.94%
5/27/2022$1.04$2.51$1,000$414.4396.148 OKBBULL-58.56%

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)