Dollar-cost averaging (DCA) calculator for NEM (XEM) backtesting

Price development of XEM

Investing $100 in XEM from Jul 2021 to Oct 2021 every 7 days ($1,400 in total) would result in $1,370.49 of value! Average price of $0.18 per 1XEM. -2.11

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,370.49
Value in crypto
7836.560965 XEM
ROI

-2.11%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)XEM purchased with $100Profit/Loss %
7/18/2021$0.16$0.16$100$100633.388 XEM0.00%
7/25/2021$0.15$0.15$200$193.64676.444 XEM-3.18%
8/1/2021$0.18$0.16$300$333.11561.886 XEM+$11.04
8/8/2021$0.19$0.17$400$448.47537.126 XEM+$12.12
8/15/2021$0.21$0.17$500$613.77468.861 XEM+$22.75
8/22/2021$0.21$0.18$600$690.55487.294 XEM+$15.09
8/29/2021$0.2$0.18$700$757.7511.635 XEM+$8.24
9/5/2021$0.22$0.18$800$944.29459.160 XEM+$18.04
9/12/2021$0.18$0.18$900$892.01547.441 XEM-0.89%
9/19/2021$0.18$0.18$1,000$1,000.04542.555 XEM0.00%

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)