Dollar-cost averaging (DCA) calculator for Chimpion (BNANA) backtesting

Price development of BNANA

Investing $100 in BNANA from Mar 2022 to Jun 2022 every 7 days ($1,400 in total) would result in $827.1 of value! Average price of $1.67 per 1BNANA. -40.92

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$827.1
Value in crypto
836.671075 BNANA
ROI

-40.92%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BNANA purchased with $100Profit/Loss %
3/28/2022$2.4$2.4$100$10041.650596 BNANA0.00%
4/4/2022$2.5$2.45$200$204.0940.015462 BNANA+$2.05
4/11/2022$2.29$2.39$300$286.9543.683402 BNANA-4.35%
4/18/2022$2.23$2.35$400$379.4844.850189 BNANA-5.13%
4/25/2022$2.32$2.34$500$495.2143.065488 BNANA-0.96%
5/2/2022$2.18$2.32$600$564.7345.890126 BNANA-5.88%
5/9/2022$1.9$2.25$700$593.6152.502 BNANA-15.20%
5/16/2022$1.78$2.18$800$655.9256.062 BNANA-18.01%
5/23/2022$1.66$2.1$900$709.8660.296 BNANA-21.13%
5/30/2022$1.41$2$1,000$702.3871.054 BNANA-29.76%

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)