Dollar-cost averaging (DCA) calculator for Armor NXM (ARNXM) backtesting

Price development of ARNXM

Investing $100 in ARNXM from Mar 2022 to Jun 2022 every 7 days ($1,100 in total) would result in $460.48 of value! Average price of $19.55 per 1ARNXM. -58.14

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,100 (11 investments)
Value in FIAT
$460.48
Value in crypto
56.260678 ARNXM
ROI

-58.14%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ARNXM purchased with $100Profit/Loss %
3/30/2022$36.5$36.5$100$1002.739763 ARNXM0.00%
4/7/2022$37.9$37.19$200$203.842.638414 ARNXM+$1.92
4/14/2022$28.27$33.65$300$252.053.537204 ARNXM-15.98%
4/21/2022$30.51$32.81$400$372.043.277264 ARNXM-6.99%
4/29/2022$30.36$32.29$500$470.193.293653 ARNXM-5.96%
5/9/2022$28.05$31.49$600$534.383.565170 ARNXM-10.94%
5/16/2022$22.62$29.82$700$530.944.420892 ARNXM-24.15%
5/24/2022$15.22$26.63$800$457.346.568690 ARNXM-42.83%
6/4/2022$14.57$24.39$900$537.556.865738 ARNXM-40.27%
6/11/2022$14.01$22.71$1,000$617.187.136184 ARNXM-38.28%

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)