Dollar-cost averaging (DCA) calculator for Bologna FC Fan Token (BFC) backtesting
Price development of BFC
Investing $100 in BFC from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,691.46 of value! Average price of $0.47 per 1BFC. +20.82%!
Information
Summarised data regarding your investment.
- Duration
- 3 months (91 days)
- Total investment
- $1,400 (14 investments)
- Value in FIAT
- $1,691.46
- Value in crypto
- 2952.844450 BFC
- ROI
+20.82%
Balance of your asset valuation
Estimate the development of your earnings over time
| Date | Coin price | Average price | Investment | FIAT Balance (usd) | BFC purchased with $100 | Profit/Loss % |
|---|---|---|---|---|---|---|
| 7/2/2022 | $0.36 | $0.36 | $100 | $100 | 275.929 BFC | 0.00% |
| 7/9/2022 | $0.36 | $0.36 | $200 | $199.77 | 276.557 BFC | -0.11% |
| 7/16/2022 | $0.36 | $0.36 | $300 | $296.75 | 280.809 BFC | -1.08% |
| 7/23/2022 | $0.34 | $0.36 | $400 | $387.07 | 290.281 BFC | -3.23% |
| 7/30/2022 | $0.41 | $0.37 | $500 | $562.8 | 242.776 BFC | +$12.56 |
| 8/6/2022 | $0.47 | $0.38 | $600 | $746.6 | 211.314 BFC | +$24.43 |
| 8/13/2022 | $0.59 | $0.4 | $700 | $1,034.6 | 168.806 BFC | +$47.80 |
| 8/20/2022 | $0.6 | $0.42 | $800 | $1,152.36 | 165.957 BFC | +$44.04 |
| 8/27/2022 | $0.59 | $0.43 | $900 | $1,223.83 | 170.171 BFC | +$35.98 |
| 9/3/2022 | $0.66 | $0.45 | $1,000 | $1,467.82 | 152.257 BFC | +$46.78 |
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)Real examples
Annual return dollar cost averaging $50 a week
