DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for BittrackSystems (BTTR) backtesting

Price development of BTTR

Investing $100 in BTTR from Jun 2022 to Sep 2022 every 7 days ($1,300 in total) would result in $1,065.53 of value! Average price of $0.2 per 1BTTR. -18.04

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,300 (13 investments)
Value in FIAT
$1,065.53
Value in crypto
6423.987078 BTTR
ROI

-18.04%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BTTR purchased with $100Profit/Loss %
6/30/2022$0.2$0.2$100$100500.734 BTTR0.00%
7/7/2022$0.2$0.2$200$202.46488.689 BTTR+$1.23
7/14/2022$0.2$0.2$300$297.74500.368 BTTR-0.75%
7/21/2022$0.23$0.21$400$444.03433.047 BTTR+$11.01
7/28/2022$0.23$0.21$500$537.3439.705 BTTR+$7.46
8/4/2022$0.22$0.21$600$631.44444.551 BTTR+$5.24
8/11/2022$0.24$0.22$700$763.18423.275 BTTR+$9.03
8/18/2022$0.23$0.22$800$849.39431.068 BTTR+$6.17
8/25/2022$0.21$0.22$900$877.62470.852 BTTR-2.49%
9/1/2022$0.18$0.21$1,000$841.04557.631 BTTR-15.90%

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)