DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for API3 (API3) backtesting

Price development of API3

Investing $100 in API3 from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,262.34 of value! Average price of $1.83 per 1API3. -9.83

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,262.34
Value in crypto
766.205251 API3
ROI

-9.83%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)API3 purchased with $100Profit/Loss %
7/2/2022$1.85$1.85$100$10053.941 API30.00%
7/9/2022$2.04$1.94$200$209.7849.137007 API3+$4.89
7/16/2022$1.84$1.91$300$289.5554.382 API3-3.48%
7/23/2022$1.78$1.87$400$380.3356.170 API3-4.92%
7/30/2022$1.88$1.87$500$501.0653.266 API3+$0.21
8/6/2022$2.19$1.92$600$683.6845.726368 API3+$13.95
8/13/2022$2.42$1.98$700$855.4641.381753 API3+$22.21
8/20/2022$1.92$1.97$800$778.6452.164 API3-2.67%
8/27/2022$1.68$1.93$900$780.4859.688 API3-13.28%
9/3/2022$1.7$1.91$1,000$890.3958.940 API3-10.96%

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)