DCA Cryptocurrency

Dollar-cost averaging (DCA) calculator for Lido Staked Ether (STETH) backtesting

Price development of STETH

Investing $100 in STETH from Jul 2022 to Oct 2022 every 7 days ($1,400 in total) would result in $1,305.23 of value! Average price of $1,443.79 per 1STETH. -6.77

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$1,400 (14 investments)
Value in FIAT
$1,305.23
Value in crypto
0.969667 STETH
ROI

-6.77%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)STETH purchased with $100Profit/Loss %
7/7/2022$1,154.65$1,154.65$100$1000.08660641 STETH0.00%
7/14/2022$1,071.87$1,111.72$200$192.830.09329463 STETH-3.58%
7/21/2022$1,486.28$1,213.68$300$367.380.06728188 STETH+$22.46
7/28/2022$1,602.69$1,292.08$400$496.160.06239500 STETH+$24.04
8/4/2022$1,579.64$1,340.9$500$589.020.06330538 STETH+$17.80
8/11/2022$1,785.04$1,398.91$600$765.610.05602127 STETH+$27.60
8/18/2022$1,786.98$1,443.7$700$866.440.05596046 STETH+$23.78
8/25/2022$1,611.59$1,462.75$800$881.40.06205052 STETH+$10.17
9/1/2022$1,506.15$1,467.45$900$923.740.06639441 STETH+$2.64
9/8/2022$1,564.83$1,476.64$1,000$1,059.720.06390477 STETH+$5.97

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)