Dollar-cost averaging (DCA) calculator for Bitwin24 (BWI) backtesting

Price development of BWI

Investing $100 in BWI from Mar 2022 to Jun 2022 every 7 days ($1,300 in total) would result in $743.28 of value! Average price of $0.06 per 1BWI. -42.82

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,300 (13 investments)
Value in FIAT
$743.28
Value in crypto
22071.491280 BWI
ROI

-42.82%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BWI purchased with $100Profit/Loss %
3/30/2022$0.17$0.17$100$100580.168 BWI0.00%
4/6/2022$0.18$0.18$200$203.19562.243 BWI+$1.59
4/13/2022$0.17$0.17$300$299.36573.040 BWI-0.21%
4/20/2022$0.14$0.16$400$335.65727.956 BWI-16.09%
4/27/2022$0.05$0.11$500$221.192,016.251 BWI-55.76%
5/4/2022$0.06$0.1$600$354.121,754.909 BWI-40.98%
5/11/2022$0.05$0.08$700$395.932,100.002 BWI-43.44%
5/18/2022$0.06$0.08$800$604.871,646.877 BWI-24.39%
5/25/2022$0.05$0.07$900$572.792,106.949 BWI-36.36%
6/1/2022$0.05$0.07$1,000$690.132,045.032 BWI-30.99%

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)