Dollar-cost averaging (DCA) calculator for Enjin Coin (ENJ) backtesting

Price development of ENJ

Investing $100 in ENJ from Oct 2021 to Jan 2022 every 7 days ($1,400 in total) would result in $853.58 of value! Average price of $2.59 per 1ENJ. -39.03

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$853.58
Value in crypto
540.689228 ENJ
ROI

-39.03%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ENJ purchased with $100Profit/Loss %
10/29/2021$2.31$2.31$100$10043.229671 ENJ0.00%
11/5/2021$2.98$2.6$200$228.8333.556225 ENJ+$14.42
11/12/2021$2.98$2.72$300$328.7433.568402 ENJ+$9.58
11/19/2021$2.98$2.78$400$429.0133.541098 ENJ+$7.25
11/26/2021$4.24$2.99$500$709.8423.595457 ENJ+$41.97
12/3/2021$3.4$3.05$600$668.7929.447084 ENJ+$11.46
12/10/2021$2.59$2.97$700$609.338.668519 ENJ-12.96%
12/17/2021$2.38$2.88$800$661.4741.962555 ENJ-17.32%
12/24/2021$2.97$2.89$900$923.0333.725368 ENJ+$2.56
12/31/2021$2.64$2.86$1,000$922.1937.861621 ENJ-7.78%

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)