Dollar-cost averaging (DCA) calculator for Bitcoffeen (BFF) backtesting

Price development of BFF

Investing $100 in BFF from Mar 2022 to Jun 2022 every 7 days ($1,200 in total) would result in $666.32 of value! Average price of $0 per 1BFF. -44.47

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,200 (12 investments)
Value in FIAT
$666.32
Value in crypto
3250334.340558 BFF
ROI

-44.47%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BFF purchased with $100Profit/Loss %
3/28/2022$0$0$100$100213,675.214 BFF0.00%
4/4/2022$0$0$200$299.57107,066.381 BFF+$49.78
4/11/2022$0$0$300$371.67118,063.754 BFF+$23.89
4/18/2022$0$0$400$274.21251,889.169 BFF-31.45%
4/28/2022$0$0$500$374.21251,889.169 BFF-25.16%
5/9/2022$0$0$600$427.08288,184.438 BFF-28.82%
5/16/2022$0$0$700$485.23319,488.818 BFF-30.68%
5/23/2022$0$0$800$571.28328,947.368 BFF-28.59%
5/30/2022$0$0$900$646.85343,642.612 BFF-28.13%
6/7/2022$0$0$1,000$800.2317,460.317 BFF-19.98%

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)