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

Price development of BNB

Investing $50 in BNB from May 2020 to May 2021 every 7 days ($2,650 in total) would result in $55,276.54 of value! Average price of $30.92 per 1BNB. +1985.91%!

Information

Summarised data regarding your investment.

Duration
a year (365 days)
Total investment
$2,650 (53 investments)
Value in FIAT
$55,276.54
Value in crypto
85.692281 BNB
ROI

+1985.91%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BNB purchased with $50Profit/Loss %
5/10/2020$16.83$16.83$50$502.970699 BNB0.00%
5/17/2020$16$16.4$100$97.533.125224 BNB-2.47%
5/24/2020$16.48$16.43$150$150.443.034668 BNB+$0.29
5/31/2020$17.74$16.74$200$211.982.818480 BNB+$5.99
6/7/2020$17.54$16.89$250$259.642.849940 BNB+$3.86
6/14/2020$16.81$16.88$300$298.742.974821 BNB-0.42%
6/21/2020$16.05$16.76$350$335.343.114534 BNB-4.19%
6/28/2020$15.14$16.54$400$366.313.301845 BNB-8.42%
7/5/2020$15.55$16.42$450$426.263.214594 BNB-5.28%
7/12/2020$17.61$16.53$500$532.722.838561 BNB+$6.54

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)