Dollar-cost averaging (DCA) calculator for Aave LINK (ALINK) backtesting

Price development of ALINK

Investing $100 in ALINK from Apr 2022 to Jul 2022 every 7 days ($1,400 in total) would result in $1,031.34 of value! Average price of $8.65 per 1ALINK. -26.33

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,031.34
Value in crypto
161.770066 ALINK
ROI

-26.33%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ALINK purchased with $100Profit/Loss %
4/6/2022$17.03$17.03$100$1005.871498 ALINK0.00%
4/13/2022$13.86$15.29$200$181.47.213127 ALINK-9.30%
4/20/2022$14.08$14.86$300$284.27.103390 ALINK-5.27%
4/27/2022$12.41$14.16$400$350.498.059392 ALINK-12.38%
5/4/2022$11.06$13.41$500$412.529.038697 ALINK-17.50%
5/11/2022$8.62$12.27$600$421.311.604675 ALINK-29.78%
5/18/2022$7.7$11.31$700$476.6412.980905 ALINK-31.91%
5/25/2022$7.24$10.57$800$548.2313.803457 ALINK-31.47%
6/1/2022$7.64$10.14$900$678.2113.087770 ALINK-24.64%
6/8/2022$8.63$9.97$1,000$866.4311.581338 ALINK-13.36%

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)