Dollar-cost averaging (DCA) calculator for Fantom (FTM) backtesting

Price development of FTM

Investing $100 in FTM from Jul 2021 to Oct 2021 every 7 days ($1,400 in total) would result in $6,240.38 of value! Average price of $0.48 per 1FTM. +345.74%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$6,240.38
Value in crypto
2897.487992 FTM
ROI

+345.74%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)FTM purchased with $100Profit/Loss %
7/18/2021$0.2$0.2$100$100509.450 FTM0.00%
7/25/2021$0.19$0.2$200$199.25513.302 FTM-0.38%
8/1/2021$0.26$0.21$300$364.11387.241 FTM+$21.37
8/8/2021$0.29$0.23$400$503.16349.740 FTM+$25.79
8/15/2021$0.34$0.24$500$694.91295.796 FTM+$38.98
8/22/2021$0.57$0.27$600$1,270.22175.653 FTM+$111.70
8/29/2021$0.52$0.29$700$1,262.46191.936 FTM+$80.35
9/5/2021$1.07$0.32$800$2,683.0593.808 FTM+$235.38
9/12/2021$1.54$0.35$900$3,979.5864.876 FTM+$342.18
9/19/2021$1.34$0.38$1,000$3,550.8774.816 FTM+$255.09

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)