Dollar-cost averaging (DCA) calculator for Aave (Wormhole) (AAVE) backtesting
Price development of AAVE
Investing $100 in AAVE from Mar 2022 to Jun 2022 every 7 days ($1,300 in total) would result in $934.51 of value! Average price of $124.73 per 1AAVE. -28.11
Information
Summarised data regarding your investment.
- Duration
- 3 months (91 days)
- Total investment
- $1,300 (13 investments)
- Value in FIAT
- $934.51
- Value in crypto
- 10.422329 AAVE
- ROI
-28.11%
Balance of your asset valuation
Estimate the development of your earnings over time
| Date | Coin price | Average price | Investment | FIAT Balance (usd) | AAVE purchased with $100 | Profit/Loss % |
|---|---|---|---|---|---|---|
| 3/27/2022 | $166.23 | $166.23 | $100 | $100 | 0.60158604 AAVE | 0.00% |
| 4/3/2022 | $222.06 | $190.13 | $200 | $233.59 | 0.45031892 AAVE | +$16.80 |
| 4/10/2022 | $209.18 | $196.08 | $300 | $320.04 | 0.47806113 AAVE | +$6.68 |
| 4/17/2022 | $161.98 | $186.28 | $400 | $347.83 | 0.61735287 AAVE | -13.04% |
| 4/24/2022 | $195.16 | $187.99 | $500 | $519.06 | 0.51241252 AAVE | +$3.81 |
| 5/1/2022 | $162.51 | $183.2 | $600 | $532.24 | 0.61534138 AAVE | -11.29% |
| 5/9/2022 | $156.64 | $178.87 | $700 | $613.01 | 0.63840698 AAVE | -12.43% |
| 5/16/2022 | $103 | $163.79 | $800 | $503.09 | 0.97085919 AAVE | -37.11% |
| 5/23/2022 | $90.81 | $150.36 | $900 | $543.57 | 1.101147 AAVE | -39.60% |
| 5/30/2022 | $98.17 | $142.77 | $1,000 | $687.59 | 1.018647 AAVE | -31.24% |
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)Real examples
Annual return dollar cost averaging $50 a week
