Dollar-cost averaging (DCA) calculator for Ethereum Classic (ETC) backtesting

Price development of ETC

Investing $100 in ETC from Jul 2021 to Oct 2021 every 7 days ($1,400 in total) would result in $1,362.02 of value! Average price of $55.82 per 1ETC. -2.71

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,362.02
Value in crypto
25.082285 ETC
ROI

-2.71%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ETC purchased with $100Profit/Loss %
7/18/2021$41.7$41.7$100$1002.398192 ETC0.00%
7/25/2021$49.27$45.17$200$218.152.029752 ETC+$9.08
8/1/2021$51.78$47.18$300$329.31.931112 ETC+$9.77
8/8/2021$60.84$49.98$400$486.921.643524 ETC+$21.73
8/15/2021$66.84$52.64$500$634.881.496148 ETC+$26.98
8/22/2021$67.6$54.65$600$742.141.479229 ETC+$23.69
8/29/2021$64.14$55.83$700$804.11.559150 ETC+$14.87
9/5/2021$69.03$57.2$800$965.481.448581 ETC+$20.69
9/12/2021$57.04$57.18$900$897.751.753146 ETC-0.25%
9/19/2021$57.46$57.21$1,000$1,004.31.740451 ETC+$0.43

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)