DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for Binance Coin (Wormhole) (BNB) backtesting

Price development of BNB

Investing $100 in BNB from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,520.19 of value! Average price of $273.43 per 1BNB. +8.59%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,520.19
Value in crypto
5.120232 BNB
ROI

+8.59%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BNB purchased with $100Profit/Loss %
7/7/2022$235.56$235.56$100$1000.42452767 BNB0.00%
7/14/2022$234.58$235.07$200$199.590.42629000 BNB-0.20%
7/21/2022$255.52$241.51$300$317.40.39135525 BNB+$5.80
7/28/2022$269.93$248.04$400$435.310.37045964 BNB+$8.83
8/4/2022$296.75$256.46$500$578.550.33698620 BNB+$15.71
8/11/2022$323.78$265.67$600$731.240.30885447 BNB+$21.87
8/18/2022$295.66$269.57$700$767.730.33823165 BNB+$9.68
8/25/2022$295.46$272.56$800$867.230.33845061 BNB+$8.40
9/1/2022$276.79$273.02$900$912.420.36128547 BNB+$1.38
9/8/2022$280.48$273.75$1,000$1,024.590.35653123 BNB+$2.46

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)