Dollar-cost averaging (DCA) calculator for Axia (AXIAV3) backtesting

Price development of AXIAV3

Investing $100 in AXIAV3 from Mar 2022 to Jun 2022 every 7 days ($1,400 in total) would result in $689.58 of value! Average price of $0.15 per 1AXIAV3. -50.74

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$689.58
Value in crypto
9076.372139 AXIAV3
ROI

-50.74%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)AXIAV3 purchased with $100Profit/Loss %
3/26/2022$0.27$0.27$100$100366.726 AXIAV30.00%
4/2/2022$0.43$0.33$200$258.98230.680 AXIAV3+$29.49
4/9/2022$0.3$0.32$300$276.87337.757 AXIAV3-7.71%
4/16/2022$0.27$0.31$400$355.53365.971 AXIAV3-11.12%
4/23/2022$0.28$0.3$500$458.81362.626 AXIAV3-8.24%
4/30/2022$0.35$0.31$600$687.71283.092 AXIAV3+$14.62
5/7/2022$0.29$0.3$700$658.44348.623 AXIAV3-5.94%
5/14/2022$0.17$0.28$800$484.55596.926 AXIAV3-39.43%
5/21/2022$0.15$0.25$900$520.79687.370 AXIAV3-42.13%
5/28/2022$0.11$0.22$1,000$507.54878.387 AXIAV3-49.25%

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)