Dollar-cost averaging (DCA) calculator for BitcoinBam (BTCBAM) backtesting

Price development of BTCBAM

Investing $100 in BTCBAM from May 2022 to Aug 2022 every 7 days ($1,400 in total) would result in $4,669.36 of value! Average price of $0.19 per 1BTCBAM. +233.53%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$4,669.36
Value in crypto
7235.516159 BTCBAM
ROI

+233.53%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BTCBAM purchased with $100Profit/Loss %
5/14/2022$0.02$0.02$100$1005,267.039 BTCBAM0.00%
5/21/2022$0.72$0.04$200$3,872.7139.609 BTCBAM+$1836.35
5/28/2022$0.58$0.05$300$3,224.45173.043 BTCBAM+$974.82
6/4/2022$0.6$0.07$400$3,456.73166.224 BTCBAM+$764.18
6/11/2022$0.61$0.08$500$3,589.22164.676 BTCBAM+$617.84
6/18/2022$0.57$0.1$600$3,470.52175.361 BTCBAM+$478.42
6/25/2022$0.6$0.11$700$3,740.59167.169 BTCBAM+$434.37
7/2/2022$0.68$0.12$800$4,326.44147.953 BTCBAM+$440.80
7/9/2022$0.6$0.14$900$3,944.88166.483 BTCBAM+$338.32
7/16/2022$0.9$0.15$1,000$5,984.05111.616 BTCBAM+$498.40

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)