Dollar-cost averaging (DCA) calculator for CakeDAO (CAKE) CakeDAO Logo

Buying 10.00 USD of CAKE weekly from 12/16/2021 to 01/14/2022 would have performed as follows.

You can customize the CakeDAO dollar cost averaging settings here.

Weekly Investment Summary

Total Invested
50.00 USD
5 Investments
Total CAKE purchased
696.66
 
Current value of your CAKE
978.04 USD
 
Cost AVG profit
928.04 USD
+1,856.07%

Lump Sum Investment Summary

Lump sum invest
50.00 USD
on 12/16/2021
CAKE purchased
3,430.15
 
Current lump sum value
4.82k USD
 
Lump sum profit
4.77k USD
+9,531.17%
Share result:

Investment Performance Chart

Weekly Lump Sum
Date
Price
% Change
% Change From Start
Total Invested
CAKE Value
Profit
Profit %
CAKE Total
Total Invested
CAKE Value
Profit
Profit %
CAKE Total
12/16/20210.01458 USD+0.00%+0.00%10.00 USD10.00 USD-0.00 USD-0.02%686.03 CAKE50.00 USD49.99 USD-0.01 USD-0.02%3,430.15 CAKE
12/23/202144.09 USD+302,361.68%+302,361.68%20.00 USD30,250.12 USD+30,230.12 USD+151,150.58%686.26 CAKE50.00 USD151,200.59 USD+151,150.59 USD+302,301.18%3,430.15 CAKE
12/30/20219.10 USD-79.36%+62,333.49%30.00 USD6,254.16 USD+6,224.16 USD+20,747.21%687.36 CAKE50.00 USD31,210.50 USD+31,160.50 USD+62,321.00%3,430.15 CAKE
01/06/20224.59 USD-49.58%+31,381.49%40.00 USD3,163.60 USD+3,123.60 USD+7,809.00%689.54 CAKE50.00 USD15,737.60 USD+15,687.60 USD+31,375.19%3,430.15 CAKE
01/13/20221.40 USD-69.40%+9,533.10%50.00 USD978.04 USD+928.04 USD+1,856.07%696.66 CAKE50.00 USD4,815.59 USD+4,765.59 USD+9,531.17%3,430.15 CAKE

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

How to use the CAKE DCA tool

How to use this CakeDAO Investment Calculator

This CakeDAO investment calculator allows you to experiment with various DCA parameters to see how your portfolio would have done in different scenarios. This might assist you in determining the most effective strategies for your future CakeDAO investments.

How portfolio values are calculated

We simulate making purchases on a recurring basis over the duration of the accumulation period beginning on the specified start date. We use the historical price of CakeDAO to determine how many CAKE you would have acquired at that time for each simulated purchase.

What is Dollar Cost Averaging?

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 CakeDAO prices rise, the investor will be able to purchase fewer CakeDAO. When the price of CakeDAO 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.

How to invest in CakeDAO?

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.