Dollar-cost averaging (DCA) calculator for Chi Gas (BSC) (CHI) backtesting

Price development of CHI

Investing $100 in CHI from Mar 2022 to Jun 2022 every 7 days ($1,000 in total) would result in $799.15 of value! Average price of $0.02 per 1CHI. -20.09

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,000 (10 investments)
Value in FIAT
$799.15
Value in crypto
44407.151372 CHI
ROI

-20.09%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)CHI purchased with $100Profit/Loss %
3/25/2022$0.02$0.02$100$1004,238.905 CHI0.00%
4/1/2022$0.02$0.02$200$203.724,086.804 CHI+$1.86
4/8/2022$0.02$0.02$300$299.24,179.554 CHI-0.27%
4/15/2022$0.03$0.02$400$419.283,916.654 CHI+$4.82
4/22/2022$0.03$0.02$500$523.833,874.617 CHI+$4.77
4/29/2022$0.02$0.02$600$590.064,141.644 CHI-1.66%
5/6/2022$0.02$0.02$700$709.154,011.875 CHI+$1.31
5/13/2022$0.02$0.02$800$785.114,152.651 CHI-1.86%
5/20/2022$0.02$0.02$900$621.846,247.657 CHI-30.91%
5/27/2022$0.02$0.02$1,000$799.155,556.79 CHI-20.09%

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)