Dollar-cost averaging (DCA) calculator for LINK (LN) backtesting

Price development of LN

Investing $100 in LN from Sep 2021 to Dec 2021 every 7 days ($1,400 in total) would result in $2,712.24 of value! Average price of $141.96 per 1LN. +93.73%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$2,712.24
Value in crypto
9.861630 LN
ROI

+93.73%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)LN purchased with $100Profit/Loss %
9/1/2021$163.41$163.41$100$1000.61195169 LN0.00%
9/8/2021$140.97$151.36$200$186.270.70936965 LN-6.86%
9/15/2021$140.08$147.4$300$285.090.71388917 LN-4.97%
9/22/2021$92.3$128.26$400$287.851.083435 LN-28.04%
9/29/2021$92.71$119.12$500$389.131.078644 LN-22.17%
10/6/2021$118.36$119$600$596.780.84490009 LN-0.54%
10/13/2021$112.96$118.09$700$669.550.88529321 LN-4.35%
10/20/2021$105.92$116.42$800$727.830.94412621 LN-9.02%
10/27/2021$148.77$119.3$900$1,122.290.67218124 LN+$24.70
11/3/2021$181.27$123.53$1,000$1,467.50.55164980 LN+$46.75

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)