DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for Creator Platform (CTR) backtesting

Price development of CTR

Investing $100 in CTR from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,235.94 of value! Average price of $0 per 1CTR. -11.72

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,235.94
Value in crypto
486590.826376 CTR
ROI

-11.72%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)CTR purchased with $100Profit/Loss %
7/7/2022$0$0$100$10023,747.328 CTR0.00%
7/14/2022$0$0$200$201.0223,507.287 CTR+$0.51
7/21/2022$0$0$300$312.4622,241.993 CTR+$4.15
7/28/2022$0$0$400$346.6428,176.951 CTR-13.34%
8/4/2022$0$0$500$413.5331,152.648 CTR-17.29%
8/11/2022$0$0$600$485.4533,422.46 CTR-19.09%
8/18/2022$0$0$700$561.4435,161.744 CTR-19.79%
8/25/2022$0$0$800$602.0139,323.634 CTR-24.75%
9/1/2022$0$0$900$611.5846,274.873 CTR-32.05%
9/8/2022$0$0$1,000$728.5645,024.764 CTR-27.14%

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)