Dollar-cost averaging (DCA) calculator for Balancer (BAL) backtesting
Price development of BAL
Investing $100 in BAL from May 2022 to Aug 2022 every 7 days ($1,400 in total) would result in $1,713.26 of value! Average price of $5.93 per 1BAL. +22.38%!
Information
Summarised data regarding your investment.
- Duration
- 3 months (91 days)
- Total investment
- $1,400 (14 investments)
- Value in FIAT
- $1,713.26
- Value in crypto
- 235.988843 BAL
- ROI
+22.38%
Balance of your asset valuation
Estimate the development of your earnings over time
| Date | Coin price | Average price | Investment | FIAT Balance (usd) | BAL purchased with $100 | Profit/Loss % |
|---|---|---|---|---|---|---|
| 5/14/2022 | $8.91 | $8.91 | $100 | $100 | 11.225572 BAL | 0.00% |
| 5/21/2022 | $7.69 | $8.26 | $200 | $186.35 | 13.000241 BAL | -6.83% |
| 5/28/2022 | $6.43 | $7.54 | $300 | $255.71 | 15.558480 BAL | -14.76% |
| 6/4/2022 | $6.72 | $7.32 | $400 | $367.28 | 14.885081 BAL | -8.18% |
| 6/11/2022 | $7.11 | $7.27 | $500 | $488.56 | 14.069726 BAL | -2.29% |
| 6/18/2022 | $4.32 | $6.53 | $600 | $397.05 | 23.140552 BAL | -33.83% |
| 6/25/2022 | $5.64 | $6.39 | $700 | $618.01 | 17.736899 BAL | -11.71% |
| 7/2/2022 | $4.57 | $6.08 | $800 | $600.41 | 21.905426 BAL | -24.95% |
| 7/9/2022 | $5.08 | $5.95 | $900 | $767.68 | 19.698359 BAL | -14.70% |
| 7/16/2022 | $4.82 | $5.81 | $1,000 | $828.48 | 20.758271 BAL | -17.15% |
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)Real examples
Annual return dollar cost averaging $50 a week
