DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for beFITTER (FIU) backtesting

Price development of FIU

Investing $100 in FIU from Jun 2022 to Sep 2022 every 7 days ($1,100 in total) would result in $722.38 of value! Average price of $0.02 per 1FIU. -34.33

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,100 (11 investments)
Value in FIAT
$722.38
Value in crypto
50505.208758 FIU
ROI

-34.33%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)FIU purchased with $100Profit/Loss %
7/18/2022$0.07$0.07$100$1001,367.839 FIU0.00%
7/25/2022$0.05$0.06$200$171.011,926.226 FIU-14.50%
8/1/2022$0.04$0.05$300$247.962,226.279 FIU-17.35%
8/8/2022$0.03$0.05$400$269.53,256.905 FIU-32.63%
8/15/2022$0.02$0.04$500$286.64,703.89 FIU-42.68%
8/22/2022$0.02$0.03$600$412.94,308.488 FIU-31.18%
8/29/2022$0.02$0.03$700$401.595,898.661 FIU-42.63%
9/5/2022$0.01$0.03$800$449.976,768.648 FIU-43.75%
9/12/2022$0.01$0.02$900$549.426,776.904 FIU-38.95%
9/19/2022$0.02$0.02$1,000$692.916,279.829 FIU-30.71%

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)