Lump sum investing calculator for OMG Network (OMG) backtesting

Price development of OMG

Investing $100 in OMG on Jul 2021 would result in $411.63 today! Bought for $3.39 per 1OMG. +311.63%!

Information

Summarised data regarding your investment.

Duration
3 months (91 days)
Total investment
$100 (14 investments)
Value in FIAT
$411.63
Value in crypto
29.531026625468915 OMG
ROI

+311.63%

Balance of your asset valuation

Estimate the development of your earnings over time

DateCoin priceAverage priceInvestmentFIAT Balance (usd)OMG purchased with $100Profit/Loss %
7/20/2021$3.39$3.39$100$10029.531027 OMG0.00%
7/27/2021$3.79$3.39$100$111.8929.531027 OMG+$11.89
8/3/2021$4.38$3.39$100$129.4629.531027 OMG+$29.46
8/10/2021$4.98$3.39$100$147.1629.531027 OMG+$47.16
8/17/2021$5.66$3.39$100$167.1729.531027 OMG+$67.17
8/24/2021$6.79$3.39$100$200.629.531027 OMG+$100.60
8/31/2021$6.23$3.39$100$183.8629.531027 OMG+$83.86
9/7/2021$9.07$3.39$100$267.9229.531027 OMG+$167.92
9/14/2021$8.59$3.39$100$253.5829.531027 OMG+$153.58
9/21/2021$10.23$3.39$100$30229.531027 OMG+$202.00

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