Dollar-cost averaging (DCA) calculator for Amp (AMP) backtesting

Price development of AMP

Investing $100 in AMP from Oct 2021 to Jan 2022 every 7 days ($1,400 in total) would result in $866.41 of value! Average price of $0.05 per 1AMP. -38.11

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$866.41
Value in crypto
29704.251301 AMP
ROI

-38.11%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)AMP purchased with $100Profit/Loss %
10/29/2021$0.05$0.05$100$1002,219.46 AMP0.00%
11/5/2021$0.06$0.05$200$241.261,571.166 AMP+$20.63
11/12/2021$0.06$0.06$300$328.151,661.488 AMP+$9.38
11/19/2021$0.05$0.05$400$366.652,044.697 AMP-8.34%
11/26/2021$0.06$0.05$500$559.581,631.215 AMP+$11.92
12/3/2021$0.06$0.06$600$624.241,741.19 AMP+$4.04
12/10/2021$0.05$0.05$700$676.541,885.263 AMP-3.35%
12/17/2021$0.05$0.05$800$719.682,058.248 AMP-10.04%
12/24/2021$0.05$0.05$900$843.71,991.754 AMP-6.26%
12/31/2021$0.05$0.05$1,000$923.372,040.941 AMP-7.66%

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)