Dollar-cost averaging (DCA) calculator for basis.markets (BASIS) backtesting

Price development of BASIS

Investing $100 in BASIS from Mar 2022 to Jun 2022 every 7 days ($1,400 in total) would result in $438.76 of value! Average price of $0.01 per 1BASIS. -68.66

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$438.76
Value in crypto
109800.792397 BASIS
ROI

-68.66%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BASIS purchased with $100Profit/Loss %
3/30/2022$0.06$0.06$100$1001,673.696 BASIS0.00%
4/6/2022$0.08$0.07$200$236.881,222.763 BASIS+$18.44
4/13/2022$0.08$0.07$300$338.051,216.737 BASIS+$12.68
4/20/2022$0.08$0.08$400$442.781,199.947 BASIS+$10.69
4/27/2022$0.08$0.08$500$547.261,187.945 BASIS+$9.45
5/4/2022$0.04$0.07$600$371.632,393.375 BASIS-38.06%
5/11/2022$0.05$0.06$700$538.972,026.219 BASIS-23.00%
5/18/2022$0.02$0.05$800$308.075,248.517 BASIS-61.49%
5/25/2022$0.02$0.04$900$429.254,910.868 BASIS-52.31%
6/1/2022$0.01$0.03$1,000$239.1315,151.515 BASIS-76.09%

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)