Dollar-cost averaging (DCA) calculator for ChargeDeFi Charge (CHARGE) backtesting
Price development of CHARGE
Investing $100 in CHARGE from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,095.65 of value! Average price of $2.19 per 1CHARGE. -21.74
Information
Summarised data regarding your investment.
- Duration
- 3 months (91 days)
- Total investment
- $1,400 (14 investments)
- Value in FIAT
- $1,095.65
- Value in crypto
- 638.736736 CHARGE
- ROI
-21.74%
Balance of your asset valuation
Estimate the development of your earnings over time
| Date | Coin price | Average price | Investment | FIAT Balance (usd) | CHARGE purchased with $100 | Profit/Loss % |
|---|---|---|---|---|---|---|
| 7/2/2022 | $3.41 | $3.41 | $100 | $100 | 29.317268 CHARGE | 0.00% |
| 7/9/2022 | $2.87 | $3.12 | $200 | $184.06 | 34.876137 CHARGE | -7.97% |
| 7/16/2022 | $2.66 | $2.95 | $300 | $270.85 | 37.573362 CHARGE | -9.72% |
| 7/23/2022 | $1.92 | $2.6 | $400 | $295.75 | 51.989 CHARGE | -26.06% |
| 7/30/2022 | $1.76 | $2.38 | $500 | $371.27 | 56.679 CHARGE | -25.75% |
| 8/6/2022 | $2.09 | $2.32 | $600 | $539.47 | 47.884235 CHARGE | -10.09% |
| 8/13/2022 | $2.61 | $2.36 | $700 | $773.43 | 38.358781 CHARGE | +$10.49 |
| 8/20/2022 | $2.32 | $2.35 | $800 | $789.1 | 43.052639 CHARGE | -1.36% |
| 8/27/2022 | $2.42 | $2.36 | $900 | $920.65 | 41.397754 CHARGE | +$2.29 |
| 9/3/2022 | $2.36 | $2.36 | $1,000 | $998.35 | 42.425104 CHARGE | -0.16% |
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
