Dollar-cost averaging (DCA) calculator for RealT - 4061 Grand St, Detroit, MI 48238 (REALT-S-4061-GRAND-ST-DETROIT-MI) backtesting

Price development of REALT-S-4061-GRAND-ST-DETROIT-MI

Investing $100 in REALT-S-4061-GRAND-ST-DETROIT-MI from Apr 2022 to Jul 2022 every 7 days ($800 in total) would result in $508.24 of value! Average price of $53.99 per 1REALT-S-4061-GRAND-ST-DETROIT-MI. -36.47

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$800 (8 investments)
Value in FIAT
$508.24
Value in crypto
14.818170 REALT-S-4061-GRAND-ST-DETROIT-MI
ROI

-36.47%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)REALT-S-4061-GRAND-ST-DETROIT-MI purchased with $100Profit/Loss %
4/7/2022$71.6$71.6$100$1001.396560 REALT-S-4061-GRAND-ST-DETROIT-MI0.00%
4/17/2022$67.04$69.25$200$193.621.491685 REALT-S-4061-GRAND-ST-DETROIT-MI-3.19%
4/24/2022$65.48$67.94$300$289.111.527299 REALT-S-4061-GRAND-ST-DETROIT-MI-3.63%
5/2/2022$62.96$66.62$400$377.991.588401 REALT-S-4061-GRAND-ST-DETROIT-MI-5.50%
5/9/2022$50.22$62.54$500$401.531.991167 REALT-S-4061-GRAND-ST-DETROIT-MI-19.69%
5/16/2022$49.84$59.99$600$498.492.006333 REALT-S-4061-GRAND-ST-DETROIT-MI-16.92%
5/30/2022$52.6$58.81$700$626.081.901135 REALT-S-4061-GRAND-ST-DETROIT-MI-10.56%
6/22/2022$34.3$53.99$800$508.242.915591 REALT-S-4061-GRAND-ST-DETROIT-MI-36.47%

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)