Dollar-cost averaging (DCA) calculator for BlockStamp (BST) backtesting

Price development of BST

Investing $100 in BST from Mar 2022 to Jun 2022 every 7 days ($900 in total) would result in $476.66 of value! Average price of $0.03 per 1BST. -47.04

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$900 (9 investments)
Value in FIAT
$476.66
Value in crypto
26581.334953 BST
ROI

-47.04%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BST purchased with $100Profit/Loss %
3/28/2022$0.07$0.07$100$1001,406.331 BST0.00%
4/4/2022$0.07$0.07$200$193.511,503.963 BST-3.25%
4/13/2022$0.1$0.08$300$382.231,031.183 BST+$27.41
4/20/2022$0.05$0.07$400$281.922,166.613 BST-29.52%
4/27/2022$0.09$0.07$500$672.821,066.314 BST+$34.56
5/5/2022$0.03$0.06$600$304.483,508.526 BST-49.25%
5/13/2022$0.02$0.04$700$304.075,235.054 BST-56.56%
5/21/2022$0.02$0.04$800$412.935,086.729 BST-48.38%
6/3/2022$0.02$0.03$900$476.665,576.623 BST-47.04%

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)