Dollar-cost averaging (DCA) calculator for Banca (BANCA) backtesting
Price development of BANCA
Investing $100 in BANCA from Mar 2022 to Jun 2022 every 7 days ($1,400 in total) would result in $1,383.13 of value! Average price of $0 per 1BANCA. -1.20
Information
Summarised data regarding your investment.
- Duration
- 3 months (91 days)
- Total investment
- $1,400 (14 investments)
- Value in FIAT
- $1,383.13
- Value in crypto
- 81360727.548115 BANCA
- ROI
-1.20%
Balance of your asset valuation
Estimate the development of your earnings over time
| Date | Coin price | Average price | Investment | FIAT Balance (usd) | BANCA purchased with $100 | Profit/Loss % |
|---|---|---|---|---|---|---|
| 3/27/2022 | $0 | $0 | $100 | $100 | 3,225,806.452 BANCA | 0.00% |
| 4/3/2022 | $0 | $0 | $200 | $200 | 3,225,806.452 BANCA | 0.00% |
| 4/10/2022 | $0 | $0 | $300 | $287.1 | 3,448,275.862 BANCA | -4.30% |
| 4/17/2022 | $0 | $0 | $400 | $317.8 | 4,545,454.545 BANCA | -20.55% |
| 4/24/2022 | $0 | $0 | $500 | $504.47 | 3,571,428.571 BANCA | +$0.89 |
| 5/1/2022 | $0 | $0 | $600 | $568.44 | 3,846,153.846 BANCA | -5.26% |
| 5/8/2022 | $0 | $0 | $700 | $515.4 | 5,263,157.895 BANCA | -26.37% |
| 5/15/2022 | $0 | $0 | $800 | $479.77 | 7,142,857.143 BANCA | -40.03% |
| 5/22/2022 | $0 | $0 | $900 | $442.69 | 10,000,000 BANCA | -50.81% |
| 5/29/2022 | $0 | $0 | $1,000 | $675.5 | 7,692,307.692 BANCA | -32.45% |
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
