DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for Babylon Finance (BABL) backtesting

Price development of BABL

Investing $100 in BABL from Jul 2022 to Oct 2022 every 7 days ($1,300 in total) would result in $301.85 of value! Average price of $1.16 per 1BABL. -76.78

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,300 (13 investments)
Value in FIAT
$301.85
Value in crypto
1121.779634 BABL
ROI

-76.78%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BABL purchased with $100Profit/Loss %
7/2/2022$5.68$5.68$100$10017.615189 BABL0.00%
7/9/2022$6.42$6.02$200$213.0115.586708 BABL+$6.50
7/16/2022$6.53$6.18$300$316.7215.320021 BABL+$5.57
7/23/2022$8.47$6.63$400$510.7711.812396 BABL+$27.69
7/30/2022$8.58$6.95$500$617.7211.653816 BABL+$23.54
8/6/2022$7.97$7.1$600$674.112.539270 BABL+$12.35
8/13/2022$8.16$7.23$700$789.812.253875 BABL+$12.83
8/20/2022$6.03$7.06$800$683.2616.593054 BABL-14.59%
8/27/2022$5.27$6.8$900$697.4218.977287 BABL-22.51%
9/3/2022$0.41$2.64$1,000$153.73246.347 BABL-84.63%

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)