Dollar-cost averaging (DCA) calculator for XRP (XRP) backtesting

Price development of XRP

Investing $50 in XRP from May 2020 to May 2021 every 7 days ($2,650 in total) would result in $13,603.61 of value! Average price of $0.3 per 1XRP. +413.34%!

Information

Summarised data regarding your investment.

Duration
a year (365 days)
Total investment
$2,650 (53 investments)
Value in FIAT
$13,603.61
Value in crypto
8694.549963 XRP
ROI

+413.34%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)XRP purchased with $50Profit/Loss %
5/10/2020$0.22$0.22$50$50231.228 XRP0.00%
5/17/2020$0.2$0.21$100$96.4249.147 XRP-3.60%
5/24/2020$0.2$0.2$150$144.9253.102 XRP-3.40%
5/31/2020$0.21$0.2$200$200.93242.984 XRP+$0.47
6/7/2020$0.2$0.2$250$248.43246.051 XRP-0.63%
6/14/2020$0.19$0.2$300$285.68259.362 XRP-4.77%
6/21/2020$0.19$0.2$350$329.59265.006 XRP-5.83%
6/28/2020$0.18$0.2$400$357.27284.262 XRP-10.68%
7/5/2020$0.18$0.19$450$411.06281.277 XRP-8.65%
7/12/2020$0.2$0.2$500$515.76248.242 XRP+$3.15

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)