Dollar-cost averaging (DCA) calculator for Bitcoin and Ethereum Standard (BEST) backtesting

Price development of BEST

Investing $100 in BEST from Mar 2022 to Jun 2022 every 7 days ($1,400 in total) would result in $1,268.84 of value! Average price of $0.44 per 1BEST. -9.37

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,268.84
Value in crypto
3159.149318 BEST
ROI

-9.37%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BEST purchased with $100Profit/Loss %
3/26/2022$0.5$0.5$100$100200.963 BEST0.00%
4/2/2022$0.51$0.5$200$202.36196.323 BEST+$1.18
4/9/2022$0.46$0.49$300$284.51215.321 BEST-5.16%
4/16/2022$0.5$0.49$400$403.36201.940 BEST+$0.84
4/23/2022$0.49$0.49$500$502.13202.560 BEST+$0.43
4/30/2022$0.5$0.49$600$603.62201.960 BEST+$0.60
5/7/2022$0.48$0.49$700$687.1207.641 BEST-1.84%
5/14/2022$0.42$0.48$800$701.51237.189 BEST-12.31%
5/21/2022$0.41$0.47$900$773.88246.913 BEST-14.01%
5/28/2022$0.41$0.46$1,000$888.12242.452 BEST-11.19%

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)