DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for Affyn (FYN) backtesting

Price development of FYN

Investing $100 in FYN from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $2,432.77 of value! Average price of $0.06 per 1FYN. +73.77%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$2,432.77
Value in crypto
23717.238530 FYN
ROI

+73.77%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)FYN purchased with $100Profit/Loss %
7/7/2022$0.05$0.05$100$1001,996.008 FYN0.00%
7/14/2022$0.05$0.05$200$208.861,833.483 FYN+$4.43
7/21/2022$0.06$0.05$300$325.311,699.64 FYN+$8.44
7/28/2022$0.05$0.05$400$394.491,877.546 FYN-1.38%
8/4/2022$0.06$0.06$500$579.881,543.448 FYN+$15.98
8/11/2022$0.06$0.06$600$642.441,649.974 FYN+$7.07
8/18/2022$0.04$0.05$700$572.672,242.605 FYN-18.19%
8/25/2022$0.05$0.05$800$775.741,900.526 FYN-3.03%
9/1/2022$0.05$0.05$900$888.621,869.508 FYN-1.26%
9/8/2022$0.05$0.05$1,000$9771,894.262 FYN-2.30%

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)