Dollar-cost averaging (DCA) calculator for Bitcoin Cash (BCH) backtesting

Price development of BCH

Investing $100 in BCH from Oct 2021 to Jan 2022 every 7 days ($1,400 in total) would result in $881.91 of value! Average price of $459.45 per 1BCH. -37.01

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$881.91
Value in crypto
3.047089 BCH
ROI

-37.01%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BCH purchased with $100Profit/Loss %
10/29/2021$579.02$579.02$100$1000.17270572 BCH0.00%
11/5/2021$596.98$587.86$200$203.10.16750941 BCH+$1.55
11/12/2021$676.9$614.82$300$330.290.14773178 BCH+$10.10
11/19/2021$552.43$597.94$400$369.560.18101751 BCH-7.61%
11/26/2021$617.31$601.71$500$512.960.16199395 BCH+$2.59
12/3/2021$561.82$594.68$600$566.850.17799312 BCH-5.52%
12/10/2021$451.89$568.99$700$555.940.22129132 BCH-20.58%
12/17/2021$439.37$548.76$800$640.530.22759734 BCH-19.93%
12/24/2021$456.2$536.66$900$765.070.21920179 BCH-14.99%
12/31/2021$431.24$523.85$1,000$823.20.23189182 BCH-17.68%

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)