DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for BTC Proxy (BTCPX) backtesting

Price development of BTCPX

Investing $100 in BTCPX from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,277.28 of value! Average price of $21,072.81 per 1BTCPX. -8.77

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,277.28
Value in crypto
0.066436 BTCPX
ROI

-8.77%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)BTCPX purchased with $100Profit/Loss %
7/3/2022$19,293.7$19,293.7$100$1000.00518304 BTCPX0.00%
7/10/2022$21,520.11$20,346.18$200$211.540.00464682 BTCPX+$5.77
7/17/2022$21,217.1$20,628.43$300$308.560.00471318 BTCPX+$2.85
7/24/2022$22,459.46$21,057.62$400$426.630.00445247 BTCPX+$6.66
7/31/2022$23,576.03$21,517.32$500$547.840.00424160 BTCPX+$9.57
8/7/2022$23,011.71$21,752.76$600$634.730.00434561 BTCPX+$5.79
8/14/2022$24,543.46$22,111.93$700$776.980.00407441 BTCPX+$11.00
8/21/2022$21,182.86$21,991.37$800$770.590.00472080 BTCPX-3.68%
8/28/2022$20,126.77$21,767.3$900$832.170.00496851 BTCPX-7.54%
9/4/2022$19,786.9$21,551.6$1,000$918.120.00505385 BTCPX-8.19%

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)