Thursday, 19 December 2019

You want more perspective? DCA start date over/underwater

So looking at last 3 years (since people talk about 3 year periods being safe haven), if you started DCA within any of the following periods, you have been underwater (totaling 402 days)

[2017-09-28, 2017-12-13] and [2019-01-27, 2019-12-17], which leaves the following date ranges of DCA start position to be in the green (totaling 694 days)

[2016-12-17, 2017-09-27] and [2017-12-14, 2019-01-26]

Of course a big chunk of those 694 days are before 2017 ATH, so if we look from the all time high the days (i.e. less than 3 year period) you would be underwater if you started DCA for majority.

This is simulated with a $1 purchase every day from the start date (no fee calculation) and comparing the total Bitcoin obtained vs what you can obtain with that total cash yesterday.

submitted by /u/justinjustinian
[link] [comments]

No comments:

Post a Comment