DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for Huobi BTC (HBTC) backtesting

Price development of HBTC

Investing $100 in HBTC from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,346.1 of value! Average price of $21,106.01 per 1HBTC. -3.85

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,346.1
Value in crypto
0.066332 HBTC
ROI

-3.85%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)HBTC purchased with $100Profit/Loss %
7/7/2022$20,622.92$20,622.92$100$1000.00484897 HBTC0.00%
7/14/2022$20,385.24$20,503.39$200$198.850.00490551 HBTC-0.58%
7/21/2022$23,325.68$21,365.08$300$327.530.00428712 HBTC+$9.18
7/28/2022$23,017.86$21,755.62$400$423.210.00434445 HBTC+$5.80
8/4/2022$22,866.23$21,969.02$500$520.420.00437326 HBTC+$4.08
8/11/2022$23,963.82$22,278.1$600$645.40.00417296 HBTC+$7.57
8/18/2022$23,412.44$22,433.37$700$730.550.00427123 HBTC+$4.36
8/25/2022$21,406.23$22,299.62$800$767.950.00467154 HBTC-4.01%
9/1/2022$19,962.64$22,013.28$900$816.160.00500936 HBTC-9.32%
9/8/2022$19,484.73$21,731.27$1,000$896.620.00513222 HBTC-10.34%

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)