Dollar-cost averaging (DCA) calculator for Band Protocol (BAND) backtesting
Price development of BAND
Investing $100 in BAND from Jun 2022 to Sep 2022 every 7 days ($1,400 in total) would result in $1,213.73 of value! Average price of $1.4 per 1BAND. -13.30
Information
Summarised data regarding your investment.
- Duration
- 3 months (91 days)
- Total investment
- $1,400 (14 investments)
- Value in FIAT
- $1,213.73
- Value in crypto
- 997.378796 BAND
- ROI
-13.30%
Balance of your asset valuation
Estimate the development of your earnings over time
| Date | Coin price | Average price | Investment | FIAT Balance (usd) | BAND purchased with $100 | Profit/Loss % |
|---|---|---|---|---|---|---|
| 6/27/2022 | $1.45 | $1.45 | $100 | $100 | 68.972 BAND | 0.00% |
| 7/4/2022 | $1.29 | $1.37 | $200 | $189.21 | 77.316 BAND | -5.39% |
| 7/11/2022 | $1.44 | $1.39 | $300 | $310.26 | 69.575 BAND | +$3.42 |
| 7/18/2022 | $1.39 | $1.39 | $400 | $400.15 | 71.919 BAND | +$0.04 |
| 7/25/2022 | $1.57 | $1.42 | $500 | $551.93 | 63.678 BAND | +$10.39 |
| 8/1/2022 | $1.68 | $1.46 | $600 | $691.01 | 59.468 BAND | +$15.17 |
| 8/8/2022 | $1.81 | $1.5 | $700 | $842.94 | 55.311 BAND | +$20.42 |
| 8/15/2022 | $1.73 | $1.53 | $800 | $907.37 | 57.747 BAND | +$13.42 |
| 8/22/2022 | $1.36 | $1.51 | $900 | $810.15 | 73.785 BAND | -9.98% |
| 8/29/2022 | $1.2 | $1.47 | $1,000 | $814.54 | 83.658 BAND | -18.55% |
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
