Dollar-cost averaging (DCA) calculator for Decred (DCR) backtesting

Price development of DCR

Investing $100 in DCR from Jul 2021 to Oct 2021 every 7 days ($1,400 in total) would result in $1,182.18 of value! Average price of $140.41 per 1DCR. -15.56

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,182.18
Value in crypto
9.970871 DCR
ROI

-15.56%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)DCR purchased with $100Profit/Loss %
7/18/2021$116.42$116.42$100$1000.85894880 DCR0.00%
7/25/2021$129.16$122.46$200$210.940.77426307 DCR+$5.47
8/1/2021$157.59$132.29$300$357.380.63455859 DCR+$19.13
8/8/2021$145.34$135.33$400$429.60.68804541 DCR+$7.40
8/15/2021$172.21$141.38$500$609.020.58069085 DCR+$21.80
8/22/2021$178.08$146.41$600$729.790.56154107 DCR+$21.63
8/29/2021$173.32$149.73$700$810.270.57697023 DCR+$15.75
9/5/2021$173.3$152.32$800$910.170.57703887 DCR+$13.77
9/12/2021$144.32$151.39$900$857.990.69289395 DCR-4.67%
9/19/2021$143.21$150.53$1,000$951.350.69829591 DCR-4.86%

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)