Dollar-cost averaging (DCA) calculator for Double-A Chain (AAC)

Weekly Investment Summary

Lump Sum Investment Summary

Investment Performance Chart

*Please note that values above utilizes data from CoinGecko and ExchangeRate-API.

Dollar cost average (DCA) is an investment strategy in which a person invests a predetermined amount of money at regular intervals, such as weekly or monthly.

Regardless of what is happening in the financial markets, the investment is usually made every month. As a result, as Double-A Chain prices rise, the investor will be able to purchase fewer Double-A Chain. When the price of Double-A Chain falls, the investor will be able to buy more of it. Because cryptocurrency can be extremely volatile, investing in this manner spreads the risk over a longer period of time. If the investor believes the investment has long-term potential but believes it is too risky to make a large lump sum investment, cost averaging may be a safer option.

Dollar cost averaging is used by investors all over the world because it provides the following advantages:

• It's an appealing option for investors who want to make regular contributions to their investment portfolios. Similarly to savings accounts, instead of a lump sum, a fixed proportion of income or a long-term investment goal can be invested each week.
• It eliminates the need to time the market. As a result, the overall trend in a given stock, rather than the investor's specific entry price, will determine an investor's returns. Furthermore, it assists investors in lowering their cost basis on securities that have lost value.