Dollar-cost averaging (DCA) calculator for 3X Long Tether Gold Token (XAUTBULL) backtesting

Price development of XAUTBULL

Investing $100 in XAUTBULL from Mar 2022 to Jun 2022 every 7 days ($1,200 in total) would result in $1,064.4 of value! Average price of $6,848.94 per 1XAUTBULL. -11.30

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,200 (12 investments)
Value in FIAT
$1,064.4
Value in crypto
0.175210 XAUTBULL
ROI

-11.30%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)XAUTBULL purchased with $100Profit/Loss %
3/30/2022$7,350.62$7,350.62$100$1000.01360429 XAUTBULL0.00%
4/6/2022$7,251.07$7,300.51$200$198.650.01379108 XAUTBULL-0.67%
4/13/2022$7,829.42$7,468.69$300$314.490.01277234 XAUTBULL+$4.83
4/20/2022$7,585.27$7,497.5$400$404.680.01318344 XAUTBULL+$1.17
4/27/2022$7,090.93$7,412.49$500$478.310.01410253 XAUTBULL-4.34%
5/4/2022$6,927.61$7,327.02$600$567.290.01443499 XAUTBULL-5.45%
5/11/2022$6,386.65$7,176.08$700$622.990.01565767 XAUTBULL-11.00%
5/18/2022$6,274.66$7,049.49$800$712.070.01593712 XAUTBULL-10.99%
6/2/2022$6,741.59$7,013.89$900$865.060.01483329 XAUTBULL-3.88%
6/12/2022$6,810.18$6,992.98$1,000$973.860.01468390 XAUTBULL-2.61%

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)