Dollar-cost averaging (DCA) calculator for Mina Protocol (MINA) backtesting

Price development of MINA

Investing $100 in MINA from Jul 2021 to Oct 2021 every 7 days ($1,400 in total) would result in $2,189.26 of value! Average price of $2.68 per 1MINA. +56.38%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$2,189.26
Value in crypto
521.821119 MINA
ROI

+56.38%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)MINA purchased with $100Profit/Loss %
7/18/2021$1.12$1.12$100$10089.344 MINA0.00%
7/25/2021$1.32$1.21$200$217.975.781 MINA+$8.95
8/1/2021$1.65$1.33$300$373.1760.447 MINA+$24.39
8/8/2021$2.56$1.51$400$676.8439.105210 MINA+$69.21
8/15/2021$2.97$1.68$500$884.8933.721672 MINA+$76.98
8/22/2021$3.13$1.82$600$1,034.0731.946126 MINA+$72.34
8/29/2021$2.91$1.92$700$1,061.3734.361817 MINA+$51.62
9/5/2021$3.81$2.05$800$1,489.6526.244632 MINA+$86.21
9/12/2021$5.19$2.19$900$2,129.419.264471 MINA+$136.60
9/19/2021$5.3$2.33$1,000$2,273.0718.877320 MINA+$127.31

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)