Lump sum investing calculator for Ethereum Classic (ETC) backtesting

Price development of ETC

Investing $100 in ETC on Jul 2021 would result in $130.23 today! Bought for $41.7 per 1ETC. +30.23%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$100 (14 investments)
Value in FIAT
$130.23
Value in crypto
2.3981920701476933 ETC
ROI

+30.23%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)ETC purchased with $100Profit/Loss %
7/18/2021$41.7$41.7$100$1002.398192 ETC0.00%
7/25/2021$49.27$41.7$100$118.152.398192 ETC+$18.15
8/1/2021$51.78$41.7$100$124.192.398192 ETC+$24.19
8/8/2021$60.84$41.7$100$145.922.398192 ETC+$45.92
8/15/2021$66.84$41.7$100$160.292.398192 ETC+$60.29
8/22/2021$67.6$41.7$100$162.122.398192 ETC+$62.12
8/29/2021$64.14$41.7$100$153.812.398192 ETC+$53.81
9/5/2021$69.03$41.7$100$165.552.398192 ETC+$65.55
9/12/2021$57.04$41.7$100$136.792.398192 ETC+$36.79
9/19/2021$57.46$41.7$100$137.792.398192 ETC+$37.79

Lump sum investing

What is Lump Sum?

Lump sum investing is an amount invested all at once, as opesed to dollar cost averaging where investment is devided across time intervals.

People choose this investment strategy when long term growth of an asset is foreseen (investopedia).

Source: investing in Bitcoin from January 2021.

Timing

When should I start?

Lump sum investing is one of the simplest investment strategies and finding the best time to start might be tricky. We suggest invisting in market during corrections or when a long term growth is inevitable.

Source: investing in Bitcoin whole 2020 Vs. only the second half of 2020