Dollar-cost averaging (DCA) calculator for Olympus (OHM) backtesting

Price development of OHM

Investing $100 in OHM from Jul 2021 to Oct 2021 every 7 days ($1,400 in total) would result in $2,708.45 of value! Average price of $454.99 per 1OHM. +93.46%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$2,708.45
Value in crypto
3.077024 OHM
ROI

+93.46%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)OHM purchased with $100Profit/Loss %
7/18/2021$568.88$568.88$100$1000.17578344 OHM0.00%
7/25/2021$571.76$570.32$200$200.510.17489791 OHM+$0.25
8/1/2021$395.91$497.3$300$238.840.25258203 OHM-20.39%
8/8/2021$475.15$491.57$400$386.640.21046144 OHM-3.34%
8/15/2021$283.38$428.59$500$330.590.35288657 OHM-33.88%
8/22/2021$260.36$386.92$600$403.740.38407688 OHM-32.71%
8/29/2021$361.99$383.15$700$661.330.27625080 OHM-5.52%
9/5/2021$313.63$372.82$800$672.980.31884930 OHM-15.88%
9/12/2021$433.1$378.68$900$1,029.340.23089335 OHM+$14.37
9/19/2021$548.53$390.78$1,000$1,403.690.18230400 OHM+$40.37

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)