Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Samlucky O
on 01/11/2024, 04:36:55 UTC
but I gave you the link provided by JJG some weeks ago but perhaps you chose your own website which I don't know how you get to that figure.

I was not aware of https://dcacryptocalculator.com/ until Dec 2023 when JJG introduce me to that site along with another one.

... but I do use that DCAbtc.com website on a regular basis, and I have found that I have to perform some of the calculations manually in order to get the correct results.  There are some other DCA calculating websites out there too.. such as https://dcacryptocalculator.com/bitcoin  and https://costavg.com/
Well thanks for the clarification I admit it was my mistake, you know sometimes using website wrongly can be misleeding. And using a calculator you are not conversant with can be confusing. I discovered that the DCA costavg.com calculate is more convenient for me. Another mistake I did was that I used 2020 as 5years ago instead of 2019. and the months should have been also the exact month five years ago. Like today is 1/11/2024 if I where to calculate 5 years ago from the calculator, it would been 1/11/2019

This where my finding from using the DCA costavg.com calculator



From the table I was able to understand that $100 investment 5 years ago 1st Nov 2019 to 1st Nov 2024 will be $26100 with a total number of 1.8407BTC accumulated. with a value of $127,717.92 of bitcoin and a Total of %389.34 ROI. At current rate of $69.384.3 btc at the time of the calculation.

And it also stated that if the $26k DCA investment where to be invested through lump sump on the 1st of Nov 2019 by now the total worth would also be BTC7.11326 worth of bitcoin amounting to $493.549  %1790Roi

Surely this calculator is more convenient for me.