Dollar-cost averaging (DCA) calculator for Blue Protocol (BLUE) backtesting

Price development of BLUE

Investing $100 in BLUE from Mar 2022 to Jun 2022 every 7 days ($1,100 in total) would result in $535.75 of value! Average price of $0.01 per 1BLUE. -51.30

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,100 (11 investments)
Value in FIAT
$535.75
Value in crypto
125556.552673 BLUE
ROI

-51.30%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BLUE purchased with $100Profit/Loss %
3/30/2022$0.04$0.04$100$1002,794.936 BLUE0.00%
4/8/2022$0.03$0.03$200$190.543,086.801 BLUE-4.73%
4/16/2022$0.02$0.03$300$243.634,095.004 BLUE-18.79%
4/27/2022$0.02$0.02$400$250.186,643.194 BLUE-37.45%
5/6/2022$0.02$0.02$500$388.465,761.696 BLUE-22.31%
5/15/2022$0.01$0.02$600$234.6916,616.816 BLUE-60.88%
5/22/2022$0.01$0.01$700$371.914,343.087 BLUE-46.87%
5/29/2022$0.01$0.01$800$437.2315,817.779 BLUE-45.35%
6/5/2022$0.01$0.01$900$743.3910,749.221 BLUE-17.40%
6/17/2022$0$0.01$1,000$459.7522,212.35 BLUE-54.02%

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)