Dollar Cost Averaging (DCA) is a strategy used to calculate the amount of Bitcoin, and its equivalent in dollars, that you would receive if you consistently invest a specific amount over a set period. For instance, you could buy a predetermined amount of Bitcoin daily, weekly on a chosen day, monthly on a specified date, or annually on a particular day. The objective of DCA is to adhere to your investment plan regardless of the market price, aiming to achieve a more favorable average purchase price over time. While the future of investments is unpredictable, and gains or losses are uncertain, you can look at historical data to estimate potential outcomes had you applied this method in the past. Additionally, if you have records of your actual purchases including their precise dates, you can calculate your real profit or loss. It's important to note that this method involves a simple calculator, and no data is stored. Therefore, any information you input remains private and accessible only to you.
