Dollar-cost averaging (DCA) calculator for Aspire (ASP) backtesting

Visualise and calculate historical returns of investing $100 in ASP every 7 days from Oct 2022 until now

# ASP Today Price

NaN%

24H Range

$NaN

avg $NaN

$NaN

Value in FIAT

$845.32

$45.32

+5.66%

in 3 months

Investment
Earnings

ASP selling price

1st order $0

Average price

Selling price

$0.00

Total Investment

$800

Over 8 instalments of $100, every 7 days

Earnings over time

Estimate the development of your earnings over time

ASP price over time

Price development vs. average cost

Fact

Investing $100 in ASP from Oct 2022 to Jan 2023 every 7 days ($800 in total) would result in $845.32 of value! Average price of $0 per 1ASP. +5.66%!

Profit/Loss every 7 days

Based on your purchase interval you would make profit 13% of the time

What is Aspire?

What is Aspire (ASP)? Aspire is a decentralized asset solution platform that allows users to create their own digital assets and tokens without the need of developer help. The first asset created on Aspire is named ASP. ASP is the native utility asset used on Aspire to create new assets and tokens. At the time of writing, 10 ASP is charged as the fee to create a custom named asset or token. This creation fee may be lowered or raised if necessary, in order to keep asset creation inexpensive for Aspire users. In the future ASP will be used as the fuel for smart contracts. In addition, all transactions on Aspire require a small amount of gas known as GASP. Aspire's platform runs on the proof-of-work “gAsp” blockchain where all transactions and assets are recorded. Aspire’s gAsp blockchain utilizes advanced checkpoints. This advanced security feature protects all Aspire assets and tokens from 51% mining attacks and double spending. Aspire’s open-source project was built from redesigned legacy Counterparty software. By replacing the Bitcoin blockchain with the gAsp blockchain, Aspire can perform transaction fees to the amount of .00000001 Gatoshi per byte. This results in over 300k Aspire transactions per GASP. The gAsp blockchain also has 4MB sized blocks to allow for more transactions while supporting a block time average of 2 minutes. Aspire tools include: Aspire Wallet https://www.aspirewallet.com/ used to create, send, receive, hold and view Aspire assets and tokens. Aspire Wallet is also used to create sub assets and sub tokens, change an assets description or quantity, lock assets and tokens. Additionally, Aspire Wallet offers the ability to easily distribute assets and tokens to holders of other assets/tokens. Aspire Explorer https://www.aspireexplorer.com/ aids in tracking transactions performed on Aspire Aspire API https://aspirecrypto.com/aspire-api/ Information on Aspire API Aspire Fednode https://aspirecrypto.com/exchange-integration/ Simple deployment on local environments. Aspire Command Line Tools for developer application integration. Aspire Github https://github.com/AspireOrg/ Fully open source software. More features will be added to Aspire Wallet in 2021. How Many ASP Coins Are There in Circulation? Aspire launched its mainnet on July 4th, 2020 with 1 billion ASP tokens created at genesis. No additional ASP will ever be created. ASP is fully premined and Aspire Technology Inc sells tokens to exchanges as they are needed by community demand. 45% equal to 450 million ASP was allocated to Aspire Technology Inc, these ASP are locked. 25% equal to 250 million ASP was offered by a Bermuda crowdsale (Non-USA Residents) 26% of the private sale sold authorizing 61,483,651 ASP into circulation. 21% of the unsold ASP from the crowdsale were airdropped to bCommerce labs authorizing 52,000,000 ASP into circulation. The remaining 53% equal to 136,516,349 of unsold ASP private sale are locked up. 20% equal to 200 million ASP was allocated to founding members, these ASP are locked. 10% equal to 100 million ASP was allocated to external development, these ASP are locked. All coins not sold or allocated from the crowdsale are unlocked at 12.5 percent quarterly beginning December 30, 2020. Who Are the Founders of Aspire? The Aspire project officially began April 10th, 2017 and was founded by CEO Jim Blasko of Las Vegas Nevada and Michael Terpin of San Juan Puerto Rico. The Aspire platform mainnet was launched on July 4th, 2020. Jim Blasko is a blockchain developer and crypto pioneer known for mining Bitcoin in late 2010, and developing early altcoins such as UnbreakableCoin, Voxels, eBoost, and X-Coin. Jim is the founder of Bitcoin Talk Radio, and Cryptos.io. He has taken roles on other teams including Lunch Money, Talent Joe, FLASH, NetCoin, PIVX, Jewelz, Guardium, Neutron, and Minex. In 2013 Jim teamed up with Michael Terpin to launch bCommerce Labs, a blockchain incubator. Jim is actively found at Bitcoin conventions as a speaker and is now leading Aspire. Michael Terpin is founder and CEO of Transform Group , whose divisions include Transform PR, a global public relations firm that has served more than 200 clients in the blockchain field and helped launch more than 100 ICO’s, including Aeternity, Augur, Dent, Ethereum, Factom, Golem, MaidSafe, and Neo; Michael is also the founder of CoinAgenda, a global event series for cryptocurrency investors and blockchain innovators since 2014 and Transform Strategies, the company’s advisory division. How is the Aspire Network Secured? Aspire and the assets/tokens created on Aspire are secured via proof-of-work mining on the gAsp blockchain. The gAsp blockchain is protected by checkpointing every block preventing 51% attacks and double spending on the Aspire platform. What Makes Aspire Unique? Aspire improves on speed, cost, and security for creating both fungible and non-fungible digital assets and tokens. Easy to use - Aspire allows anyone to create assets/tokens in under two minutes. Speed – Instant transactions and two-minute confirmations make Aspire 5 times faster than Bitcoin. Cost Efficient - 1 GASP allows more than 300,000 transactions of any Aspire asset/token created on the Aspire platform making it the most cost-effective platform in the world. Security – The first asset creation platform running on a proof-of-work blockchain secured with advanced checkpointing."

What is a DCA-CC Calculator and How to Use it?

If you want to test out your investment strategy, you'll need to understand how it works and what you're hoping to achieve. This is where the DCA-CC calculator comes in - it can help you see if your strategy will generate the return you want.

The calculator is separated into two modes: the dollar cost average calculator and the lump sum investing calculator. You can use either one to budget for your investments on a regular basis, or to invest all your money at once.

To use the DCA-CC, start by entering a DCA or lump sum investment amount. Then, select the time period, interval, and investment you want to use. The calculator will show you how your strategy would perform under those conditions. You can also experiment with different parameters to see how they affect your results.

And that's not all! The DCA-CC also lets you see how your investment would fare if you used the lump sum strategy. So if you're not sure which approach is right for you, this calculator can help you compare and make the best decision.

What is DCA (Dollar Cost Averaging)?

DCA is like buying a little bit of your favorite cryptocurrency each week or month regardless of the price. By buying equal dollar amounts at regular intervals, you're helping to smooth out the bumps of a volatile market.

Think of it as when buying a house. When you want to buy a house, you don't just fork over all the cash upfront. You make a down payment, and then you pay the mortgage every month. Over time, the house is yours.

DCA is like that, but with investments. You spread your investment out over time, so you're less likely to buy when the market is high. And just like with a house, you eventually own more and more of your investment.

By buying a little bit of your favorite cryptocurrency each day, week or month, you're making small, regular payments that will help you get the coin you want without waiting for a price dip.

Of course, there is always the risk that the price of the coin could continue to fall. However, this risk can be mitigated by using DCA when the market is trending upwards.

How to use DCA-CC to backtest your dollar cost average strategy?

Do you want to know how effective your dollar cost averaging strategy would have been in the past? The DCA-CC calculator can tell you for sure!

This tool is designed to help you backtest your investment strategy, so you can compare it against other strategies and decide which one is best for you.

When you first use the tool, we'll make some assumptions about your potential investment. For example, we'll assume you're investing $10 in bitcoin every week for the past three years.

Of course, you can change the parameters at any time to get more accurate results. So why wait? Use the DCA-CC calculator tool now and find out how your investment strategy would have fared in the past.

DCA Widgets

Top 3 cards

Value in FIAT, BTC selling price and Total investment cards are the easiest to understand. However, we'll give a little more explanation:

**What is DCA Value in FIAT card?**

The Value in FIAT card is a great way to see the value of your investments after a dollar cost averaging period. This card can help you understand how DCA affects the value of your investment over time.

The scale on the lower part of the widget displays the investment to interest ratio. In other words: it shows how much of your investment is lost or how much was added to your investment due to the earnings.

**What does the DCA Value in FIAT card show?**

This card lets you know how much your cryptocurrency is worth in Fiat currency at the end of your investment period. In other words, the price you sell it at.

The card also shows you the price of your first order, so you can see how the market volatility affects your investment over time.

Lastly, the card shows the ratio of the selling price to the average price. This is helpful in determining the value of your investment strategy and how it impacts the selling price.

**What is a DCA Total Investment card?**

The total investment card calculates how much money you would have invested, given an initial investment and an investment interval, over a specified period of time.

For example, if you invest $100 every month for 3 years, the total investment card would show you how much money you would have invested at the end of those 3 years.

Charts

We are presenting two charts here: a chart of earnings over time, and a chart of price over time. These charts can help provide context and perspective, and allow you to see what would be different if you entered or exited the market at a different time.

Earnings over time

This chart shows how much money you've made over time from your investments. It includes your balance in FIAT (the dollar equivalent of cryptocurrencies) as well as your total investment up to that day.

BTC price over time

This chart shows the price of a given cryptocurrency over time, as well as the average cost of a cryptocurrency on any given day.

This chart can help you understand the value of dollar cost averaging as a strategy, and how it may impact your earnings.

What is a Fact card?

The Fact card is an automated message that summarises all the information from all the charts in a short, sharable sentence.

What is Profit/Loss card?

The Profit/Loss card is a tool that can help you to better manage your risks by understanding how often you might be making a profit. As with everyhing else here, this card can provide guidance and clarity in your decision-making process.

What is Purchase history?

What you'll find here is a table of purchase data, which includes information like how much cryptocurrency you could buy with the money invested on a given day, or how much you would have profited or lost at a given point in history.

What is Lump Sum Investing strategy?

Lump sum investing strategy is a method of investing where you invest a fixed sum of money all at once. This is in contrast to dollar-cost averaging, where you spread your investment into several installments over a period of time.

Lump sum investing has its pros and cons. On the plus side, you only have to make the investment decision once. And, if you’re investing in a volatile asset like cryptocurrency, you may benefit from buying when prices are low and selling when prices are high. On the downside, you could end up buying at the top of a market bubble – and we all know how those end.

So, should you go with lump sum investing or dollar-cost averaging? That depends on your investment goals and your personal risk tolerance. If you’re the type of person who can stomach the ups and downs of the market, and you believe in the long-term potential of the asset you’re investing in, then lump sum investing may be the way to go.

How to use DCA-CC to backtest your lump sum investment strategy?

DCA-CC is a powerful, easy to use backtesting tool that can be used to test and optimise your investment strategy.

The DCA-CC calculator will help you calculate the performance of your investment strategy across different market conditions.

You can also compare your performance against other strategies such as dollar cost averaging.

It's easy to use and only takes a few seconds to set up.

Here's how it works:

Enter the amount of money you want to invest.
Choose the cryptocurrency you want to invest in.
Choose a time range
Press the "Calculate" button.

The DCA-CC calculator will then show you how much money you would have made if you had invested that money in the cryptocurrency at that price.

Lump Sum Widgets

Both lump sum investment and DCA widgets are very similar, yet the strategy we employ is different. Some data is presented differently, so we will mention only these differences here.

Top 3 cards

As with the DCA strategy, we have three key cards here: Value in FIAT, BTC selling price and Total investment.

**What is a Lump sum selling price card?**

This card displays the value of the chosen cryptocurrency - the current selling price.

It also displays the ratio of the current selling price to the buying price. This information is helpful in showcase the value of your investment strategy and its impact on your selling price over time.

**What is a Lump sum Total Investment card?**

The amount on the total investment card will always be different from the investment parameter you entered into the calculator. This is because we calculate the total investment using the DCA strategy. Doing this allows us to show you the impact of investing the same amount of money using two different strategies.

As a reminder, in the DCA strategy, the total investment card takes your initial investment and your investment interval and multiplies it over the time period provided.