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

Price development of ETC

Investing $100 in ETC from Oct 2021 to Jan 2022 every 7 days ($1,400 in total) would result in $892.39 of value! Average price of $38.16 per 1ETC. -36.26

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$892.39
Value in crypto
36.688736 ETC
ROI

-36.26%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ETC purchased with $100Profit/Loss %
10/29/2021$52.36$52.36$100$1001.909699 ETC0.00%
11/5/2021$53.95$53.14$200$203.021.853727 ETC+$1.51
11/12/2021$56.89$54.33$300$314.081.757914 ETC+$4.69
11/19/2021$48.2$52.66$400$366.132.074685 ETC-8.47%
11/26/2021$50.33$52.18$500$482.321.986830 ETC-3.54%
12/3/2021$46.95$51.23$600$549.962.129725 ETC-8.34%
12/10/2021$37.75$48.74$700$542.192.648774 ETC-22.54%
12/17/2021$35.28$46.52$800$606.622.834760 ETC-24.17%
12/24/2021$37.68$45.34$900$747.92.654130 ETC-16.90%
12/31/2021$34.64$43.98$1,000$787.72.886480 ETC-21.23%

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)