Dollar-cost averaging (DCA) calculator for Covalent (CQT) Covalent Logo

Buying 10.00 USD of CQT weekly from 06/22/2021 to 12/05/2021 would have performed as follows.

You can customize the Covalent dollar cost averaging settings here.

Weekly Investment Summary

Total Invested
240.00 USD
24 Investments
Total CQT purchased
305.15
 
Current value of your CQT
336.90 USD
 
Cost AVG profit
96.90 USD
+40.38%

Lump Sum Investment Summary

Lump sum invest
240.00 USD
on 06/22/2021
CQT purchased
145.46
 
Current lump sum value
160.59 USD
 
Lump sum profit
-79.41 USD
-33.09%
Share result:

Investment Performance Chart

Weekly Lump Sum
Date
Price
% Change
% Change From Start
Total Invested
CQT Value
Profit
Profit %
CQT Total
Total Invested
CQT Value
Profit
Profit %
CQT Total
06/22/20211.65 USD+0.00%+0.00%10.00 USD10.00 USD-0.00 USD-0.02%6.06 CQT240.00 USD239.95 USD-0.05 USD-0.02%145.46 CQT
06/29/20210.66437 USD-59.73%-59.73%20.00 USD14.02 USD-5.98 USD-29.88%21.11 CQT240.00 USD96.62 USD-143.38 USD-59.74%145.46 CQT
07/06/20210.40092 USD-39.65%-75.70%30.00 USD18.46 USD-11.54 USD-38.46%46.06 CQT240.00 USD58.31 USD-181.69 USD-75.71%145.46 CQT
07/13/20210.40125 USD+0.08%-75.68%40.00 USD28.47 USD-11.53 USD-28.82%70.98 CQT240.00 USD58.35 USD-181.65 USD-75.69%145.46 CQT
07/20/20210.35163 USD-12.36%-78.69%50.00 USD34.95 USD-15.05 USD-30.10%99.42 CQT240.00 USD51.14 USD-188.86 USD-78.69%145.46 CQT
07/27/20210.35108 USD-0.16%-78.72%60.00 USD44.89 USD-15.11 USD-25.18%127.90 CQT240.00 USD51.06 USD-188.94 USD-78.73%145.46 CQT
08/03/20210.44614 USD+27.08%-72.96%70.00 USD67.05 USD-2.95 USD-4.22%150.31 CQT240.00 USD64.88 USD-175.12 USD-72.97%145.46 CQT
08/10/20210.65273 USD+46.30%-60.44%80.00 USD108.09 USD+28.09 USD+35.12%165.63 CQT240.00 USD94.93 USD-145.07 USD-60.45%145.46 CQT
08/17/20211.35 USD+107.31%-17.99%90.00 USD234.09 USD+144.09 USD+160.10%173.02 CQT240.00 USD196.79 USD-43.21 USD-18.00%145.46 CQT
08/24/20211.46 USD+8.00%-11.42%100.00 USD262.82 USD+162.82 USD+162.82%179.87 CQT240.00 USD212.54 USD-27.46 USD-11.44%145.46 CQT
08/31/20211.23 USD-16.02%-25.61%110.00 USD230.72 USD+120.72 USD+109.75%188.01 CQT240.00 USD178.50 USD-61.50 USD-25.63%145.46 CQT
09/07/20211.40 USD+14.13%-15.10%120.00 USD273.32 USD+153.32 USD+127.77%195.15 CQT240.00 USD203.72 USD-36.28 USD-15.12%145.46 CQT
09/14/20211.22 USD-13.08%-26.20%130.00 USD247.58 USD+117.58 USD+90.45%203.37 CQT240.00 USD177.08 USD-62.92 USD-26.22%145.46 CQT
09/21/20211.01 USD-17.28%-38.95%140.00 USD214.80 USD+74.80 USD+53.43%213.29 CQT240.00 USD146.49 USD-93.51 USD-38.96%145.46 CQT
09/28/20210.84927 USD-15.69%-48.53%150.00 USD191.10 USD+41.10 USD+27.40%225.07 CQT240.00 USD123.51 USD-116.49 USD-48.54%145.46 CQT
10/05/20211.17 USD+37.33%-29.31%160.00 USD272.44 USD+112.44 USD+70.28%233.64 CQT240.00 USD169.62 USD-70.38 USD-29.33%145.46 CQT
10/12/20211.22 USD+4.77%-25.94%170.00 USD295.44 USD+125.44 USD+73.79%241.83 CQT240.00 USD177.71 USD-62.29 USD-25.96%145.46 CQT
10/19/20211.20 USD-1.75%-27.24%180.00 USD300.26 USD+120.26 USD+66.81%250.16 CQT240.00 USD174.59 USD-65.41 USD-27.25%145.46 CQT
10/26/20211.20 USD-0.12%-27.33%190.00 USD309.90 USD+119.90 USD+63.10%258.50 CQT240.00 USD174.38 USD-65.62 USD-27.34%145.46 CQT
11/02/20211.13 USD-5.52%-31.34%200.00 USD302.78 USD+102.78 USD+51.39%267.32 CQT240.00 USD164.75 USD-75.25 USD-31.35%145.46 CQT
11/09/20211.11 USD-1.78%-32.56%210.00 USD307.38 USD+97.38 USD+46.37%276.31 CQT240.00 USD161.82 USD-78.18 USD-32.58%145.46 CQT
11/16/20211.08 USD-3.11%-34.66%220.00 USD307.82 USD+87.82 USD+39.92%285.59 CQT240.00 USD156.78 USD-83.22 USD-34.67%145.46 CQT
11/23/20210.95142 USD-11.75%-42.34%230.00 USD281.66 USD+51.66 USD+22.46%296.10 CQT240.00 USD138.36 USD-101.64 USD-42.35%145.46 CQT
11/30/20211.10 USD+16.07%-33.07%240.00 USD336.90 USD+96.90 USD+40.38%305.15 CQT240.00 USD160.59 USD-79.41 USD-33.09%145.46 CQT

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

How to use the CQT DCA tool

How to use this Covalent Investment Calculator

This Covalent 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 Covalent 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 Covalent to determine how many CQT 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 Covalent prices rise, the investor will be able to purchase fewer Covalent. When the price of Covalent 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 Covalent?

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.

Covalent can be purchased on exchanges like OKEx.

Receive $10 in free BTC on OKEx* when you sign up using this link:

Buy/Sell Covalent on OKEx

*You get this when clicking the affiliate link above and when you buy your first crypto on OKEx (purchase $100 worth of crypto or more via Buy/Sell).