Dollar-cost averaging (DCA) calculator for CORE MultiChain (CMCX) backtesting

Visualise and calculate historical returns of investing $100 in CMCX every 7 days from Aug 2022 until now

# CMCX Today Price

$0

0.38%

24H Range

$0

avg $0

$0

Value in FIAT

$1,855.36

$455.36

+32.53%

in 3 months

  1. Investment

  2. Earnings

CMCX selling price

$0

1st order $0

Average price

Selling price

$0.00

$0.00

Total Investment

$1,400

Over 14 instalments of $100, every 7 days

Earnings over time

Estimate the development of your earnings over time

CMCX price over time

Price development vs. average cost

Fact

Investing $100 in CMCX from Aug 2022 to Nov 2022 every 7 days ($1,400 in total) would result in $1,855.36 of value! Average price of $0 per 1CMCX. +32.53%!

Profit/Loss every 7 days

Based on your purchase interval you would make profit 57% of the time

What is CORE MultiChain?

CORE MultiChain (Cryptographic Object Resource Engine) is a PoS blockchain 3.0 framework focused on Interoperability, Scalability, and Usability and Privacy. CORE MultiChain provides advantages over existing and legacy blockchains such as sharding, simplistic blockchain creation and implementation, cross-chain capabilities, and high transaction throughput. CORE created a decentralized neighbor selection protocol that continuously strives to create optimal peer connections to decrease confirmation latency. The protocol achieves this through constantly analyzing and learning how nodes interact with their neighbors. How Does the CORE Protocol Attract People? •Lightweight •Compatible with the self-interests of each peer, or ability to select the best neighbors •Robust against adversarial actions: A CORE peer does not need all details about a candidate neighbor to decide whether to connect •Incentivizes peers to relay blocks promptly. •Naturally adaptive to varying hash-power Core Multi-Chain is the next generation of blockchain protocol designed to enable legacy, current, and future blockchains to scale and communicate seamlessly. CORE offers a wide variety of possibilities in the blockchain space due to its sharding, interoperability, and central algorithm. By providing a fair and secure platform, CORE allows users to regain control over their personal information. The project offers a scalable network featuring functionalities that bypass current blockchain limitations. CORE intends to provide an environment-friendly system that is sustainable, interoperable and provides enhanced throughput. Highlights •Network Efficiency – CORE contains an AI model at the core of its blockchain. This AI Model speeds up the network’s collective transaction processing times and also enables the network to operate under attacks or faults. •Security – The AI model helps coordinate the nodes on the network while also strengthening security on the CORE blockchain. This is accomplished through the network’s outlier detection protocol, which monitors for unusual behavior. The AI randomly selects nodes to test and gather data, monitoring network activity outside of the norm. In this phase, any corrupt nodes will be identified. •Transaction Privacy Protection Layer: CORE transaction privacy protection layer (TPPL) adds an extra layer of security and privacy when transacting on its blockchain. This universal layer is applied to every CORE-connected chain and can be applied to the major public blockchains. •Randomness – The CORE Multi-Chain network combines Verifiable Random Function (VRF) and Verifiable Delay Function (VDF) into a single hybrid solution, thus achieving true Randomness within the network. Randomness influences the difficulty in the mining function of PoW blockchains and periodically chooses the validators in a PoS blockchain. •Scalability – To address the scalability issue of Practical Byzantine Fault Tolerance, CORE enhanced the consensus mechanism by reducing the communication complexity within standard PBFT implementations to create the Accelerated Practical Byzantine Fault Tolerance (APBFT) consensus mechanism. Token Usage •Through the CMCX token, users can conduct transactions on the CORE blockchain and pay for all utility fees within the ecosystem. Platform users can use the token to participate in governance, stake, transactions, smart contracts, and reward validators. •Core’s mission is to serve the community. Users can vote for management and developer teams using the native token CORE (CMCX). The CORE community provides projects funding. Users will vote on any proposed changes to the blockchain or platform, creating a community-driven blockchain. •Through CORE, all blockchains, past and present, will be able to scale and communicate seamlessly with one another by utilizing the CMCX token. Multi-Layered framework design: CORE is constructed over three layers; ORIGO, CATENA & AURA. Each layer is designed perfectly to get the job done. ORIGO is the network layer. It is the brain of the system. It handles the formation of the blocks in the blockchain. CATENA is the blockchain layer and is built on the network layer. This is where the actual blocks form and newly formed blocks are appended. AURA is the application layer; this is where the DApps and smart contracts are built. Apeirogon blockchain framework CORE Blockchain combines all the latest frameworks and advanced programming languages into one cutting-edge solution to get more technical. It is built on our in-house Apeirogon blockchain framework, a next-generation framework for enterprise-grade blockchain innovation that is highly compatible with Solidity. Apeirogon is compiled to WebAssembly (Wasm), a super-performant virtual environment that provides a way to run code written in multiple languages on the web at near-native speed. Apeirogon’s ecosystem uses a state-of-the-art peer-to-peer network platform called LibP2P, a modular system of protocols, specifications, and libraries that enable the development of peer-to-peer network applications and is positioned to be the standard for future decentralized applications. Advantages •Extensive research & value proposition to current blockchain limitations: The Whitepaper available on the Multi-chain website provides an in-depth yet accessible presentation of the responses provided by the team to solve current limitations on scalability, network efficiency, overall security, and reward fairness. CORE Multi-Chain Whitepaper accessible here. •Security audits available: An audit of the network performed by CERTIK is currently public on the CORE Multi-Chain website. This research documents the project’s performance in the following criteria: Security, Runtime, Documentation, Testing, General, and Transparency.

What is a DCA-CC Calculator and How to Use it?

If you want to test out your investment strategy, you'll need to understand how it works and what you're hoping to achieve. This is where the DCA-CC calculator comes in - it can help you see if your strategy will generate the return you want.

The calculator is separated into two modes: the dollar cost average calculator and the lump sum investing calculator. You can use either one to budget for your investments on a regular basis, or to invest all your money at once.

To use the DCA-CC, start by entering a DCA or lump sum investment amount. Then, select the time period, interval, and investment you want to use. The calculator will show you how your strategy would perform under those conditions. You can also experiment with different parameters to see how they affect your results.

And that's not all! The DCA-CC also lets you see how your investment would fare if you used the lump sum strategy. So if you're not sure which approach is right for you, this calculator can help you compare and make the best decision.

What is DCA (Dollar Cost Averaging)?

DCA is like buying a little bit of your favorite cryptocurrency each week or month regardless of the price. By buying equal dollar amounts at regular intervals, you're helping to smooth out the bumps of a volatile market.

Think of it as when buying a house. When you want to buy a house, you don't just fork over all the cash upfront. You make a down payment, and then you pay the mortgage every month. Over time, the house is yours.

DCA is like that, but with investments. You spread your investment out over time, so you're less likely to buy when the market is high. And just like with a house, you eventually own more and more of your investment.

By buying a little bit of your favorite cryptocurrency each day, week or month, you're making small, regular payments that will help you get the coin you want without waiting for a price dip.

Of course, there is always the risk that the price of the coin could continue to fall. However, this risk can be mitigated by using DCA when the market is trending upwards.

How to use DCA-CC to backtest your dollar cost average strategy?

Do you want to know how effective your dollar cost averaging strategy would have been in the past? The DCA-CC calculator can tell you for sure!

This tool is designed to help you backtest your investment strategy, so you can compare it against other strategies and decide which one is best for you.

When you first use the tool, we'll make some assumptions about your potential investment. For example, we'll assume you're investing $10 in bitcoin every week for the past three years.

Of course, you can change the parameters at any time to get more accurate results. So why wait? Use the DCA-CC calculator tool now and find out how your investment strategy would have fared in the past.

DCA Widgets

Top 3 cards

Value in FIAT, BTC selling price and Total investment cards are the easiest to understand. However, we'll give a little more explanation:

What is DCA Value in FIAT card?

The Value in FIAT card is a great way to see the value of your investments after a dollar cost averaging period. This card can help you understand how DCA affects the value of your investment over time.

The scale on the lower part of the widget displays the investment to interest ratio. In other words: it shows how much of your investment is lost or how much was added to your investment due to the earnings.

What does the DCA Value in FIAT card show?

This card lets you know how much your cryptocurrency is worth in Fiat currency at the end of your investment period. In other words, the price you sell it at.

The card also shows you the price of your first order, so you can see how the market volatility affects your investment over time.

Lastly, the card shows the ratio of the selling price to the average price. This is helpful in determining the value of your investment strategy and how it impacts the selling price.

What is a DCA Total Investment card?

The total investment card calculates how much money you would have invested, given an initial investment and an investment interval, over a specified period of time.

For example, if you invest $100 every month for 3 years, the total investment card would show you how much money you would have invested at the end of those 3 years.

Charts

We are presenting two charts here: a chart of earnings over time, and a chart of price over time. These charts can help provide context and perspective, and allow you to see what would be different if you entered or exited the market at a different time.

Earnings over time

This chart shows how much money you've made over time from your investments. It includes your balance in FIAT (the dollar equivalent of cryptocurrencies) as well as your total investment up to that day.

BTC price over time

This chart shows the price of a given cryptocurrency over time, as well as the average cost of a cryptocurrency on any given day.

This chart can help you understand the value of dollar cost averaging as a strategy, and how it may impact your earnings.

What is a Fact card?

The Fact card is an automated message that summarises all the information from all the charts in a short, sharable sentence.

What is Profit/Loss card?

The Profit/Loss card is a tool that can help you to better manage your risks by understanding how often you might be making a profit. As with everyhing else here, this card can provide guidance and clarity in your decision-making process.

What is Purchase history?

What you'll find here is a table of purchase data, which includes information like how much cryptocurrency you could buy with the money invested on a given day, or how much you would have profited or lost at a given point in history.

What is Lump Sum Investing strategy?

Lump sum investing strategy is a method of investing where you invest a fixed sum of money all at once. This is in contrast to dollar-cost averaging, where you spread your investment into several installments over a period of time.

Lump sum investing has its pros and cons. On the plus side, you only have to make the investment decision once. And, if you’re investing in a volatile asset like cryptocurrency, you may benefit from buying when prices are low and selling when prices are high. On the downside, you could end up buying at the top of a market bubble – and we all know how those end.

So, should you go with lump sum investing or dollar-cost averaging? That depends on your investment goals and your personal risk tolerance. If you’re the type of person who can stomach the ups and downs of the market, and you believe in the long-term potential of the asset you’re investing in, then lump sum investing may be the way to go.

How to use DCA-CC to backtest your lump sum investment strategy?

DCA-CC is a powerful, easy to use backtesting tool that can be used to test and optimise your investment strategy.

The DCA-CC calculator will help you calculate the performance of your investment strategy across different market conditions.

You can also compare your performance against other strategies such as dollar cost averaging.

It's easy to use and only takes a few seconds to set up.

Here's how it works:

  1. Enter the amount of money you want to invest.

  2. Choose the cryptocurrency you want to invest in.

  3. Choose a time range

  4. Press the "Calculate" button.

The DCA-CC calculator will then show you how much money you would have made if you had invested that money in the cryptocurrency at that price.

Lump Sum Widgets

Both lump sum investment and DCA widgets are very similar, yet the strategy we employ is different. Some data is presented differently, so we will mention only these differences here.

Top 3 cards

As with the DCA strategy, we have three key cards here: Value in FIAT, BTC selling price and Total investment.

What is a Lump sum selling price card?

This card displays the value of the chosen cryptocurrency - the current selling price.

It also displays the ratio of the current selling price to the buying price. This information is helpful in showcase the value of your investment strategy and its impact on your selling price over time.

What is a Lump sum Total Investment card?

The amount on the total investment card will always be different from the investment parameter you entered into the calculator. This is because we calculate the total investment using the DCA strategy. Doing this allows us to show you the impact of investing the same amount of money using two different strategies.

As a reminder, in the DCA strategy, the total investment card takes your initial investment and your investment interval and multiplies it over the time period provided.