Lump sum investing calculator for Gala (GALA) backtesting

Price development of GALA

Investing $100 in GALA on Sep 2021 would result in $2,451.37 today! Bought for $0.03 per 1GALA. +2351.37%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$100 (14 investments)
Value in FIAT
$2,451.37
Value in crypto
3970.144513260283 GALA
ROI

+2351.37%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)GALA purchased with $100Profit/Loss %
9/1/2021$0.03$0.03$100$1003,970.145 GALA0.00%
9/8/2021$0.02$0.03$100$91.623,970.145 GALA-8.38%
9/15/2021$0.04$0.03$100$176.663,970.145 GALA+$76.66
9/22/2021$0.1$0.03$100$390.823,970.145 GALA+$290.82
9/29/2021$0.08$0.03$100$304.093,970.145 GALA+$204.09
10/6/2021$0.11$0.03$100$417.623,970.145 GALA+$317.62
10/13/2021$0.09$0.03$100$338.63,970.145 GALA+$238.60
10/20/2021$0.08$0.03$100$331.673,970.145 GALA+$231.67
10/27/2021$0.09$0.03$100$357.853,970.145 GALA+$257.85
11/3/2021$0.1$0.03$100$384.463,970.145 GALA+$284.46

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