Dollar-cost averaging (DCA) calculator for Monero (XMR) backtesting

Price development of XMR

Investing $100 in XMR from Jul 2021 to Oct 2021 every 7 days ($1,400 in total) would result in $1,470.87 of value! Average price of $256.46 per 1XMR. +5.06%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,470.87
Value in crypto
5.458855 XMR
ROI

+5.06%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)XMR purchased with $100Profit/Loss %
7/18/2021$198$198$100$1000.50504534 XMR0.00%
7/25/2021$208.45$203.09$200$205.280.47973690 XMR+$2.64
8/1/2021$241.75$214.53$300$338.070.41365366 XMR+$12.69
8/8/2021$270.92$226.3$400$478.870.36911146 XMR+$19.72
8/15/2021$271.38$234.08$500$579.680.36848345 XMR+$15.94
8/22/2021$288.41$241.67$600$716.060.34672578 XMR+$19.34
8/29/2021$300.46$248.62$700$845.970.33282091 XMR+$20.85
9/5/2021$305.43$254.53$800$959.950.32741223 XMR+$19.99
9/12/2021$249.58$253.97$900$884.410.40068084 XMR-1.73%
9/19/2021$271.18$255.6$1,000$1,060.980.36875406 XMR+$6.10

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)