Dollar-cost averaging (DCA) calculator for Cardano (ADA) backtesting

Price development of ADA

Investing $50 in ADA from May 2020 to May 2021 every 7 days ($2,650 in total) would result in $30,042.69 of value! Average price of $0.14 per 1ADA. +1033.69%!

Information

Summarised data regarding your investment.

Duration
a year (365 days)
Total investment
$2,650 (53 investments)
Value in FIAT
$30,042.69
Value in crypto
18589.839797 ADA
ROI

+1033.69%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ADA purchased with $50Profit/Loss %
5/10/2020$0.05$0.05$50$50978.263 ADA0.00%
5/17/2020$0.05$0.05$100$99.69984.446 ADA-0.31%
5/24/2020$0.06$0.05$150$158.01908.612 ADA+$5.34
5/31/2020$0.08$0.06$200$265.79665.318 ADA+$32.90
6/7/2020$0.09$0.06$250$354.77580.208 ADA+$41.91
6/14/2020$0.08$0.06$300$375.07633.216 ADA+$25.02
6/21/2020$0.08$0.07$350$426.94630.088 ADA+$21.98
6/28/2020$0.08$0.07$400$466.72645.536 ADA+$16.68
7/5/2020$0.1$0.07$450$650.72501.535 ADA+$44.60
7/12/2020$0.13$0.07$500$868.68398.645 ADA+$73.74

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)