Dollar-cost averaging (DCA) calculator for Gearbox (GEAR) Gearbox Logo

Buying 10.00 USD of GEAR weekly from December 19, 2022 to January 26, 2023 would have turned 60.00 USD into 64.45 USD (+7.42%)

You can customize the Gearbox dollar cost averaging settings here.

Weekly Investment Summary

Total Invested
60.00 USD
6 Investments
Total GEAR purchased
4,493.82
Value in crypto
Current value of your GEAR
64.45 USD
Value in FIAT
Cost AVG profit
4.45 USD
ROI : +7.42%

Lump Sum Investment Summary

Lump sum invest
60.00 USD
on 12/19/2022
GEAR purchased
2,497.53
Value in crypto
Current lump sum value
35.82 USD
Value in FIAT
Lump sum profit
-24.18 USD
ROI : -40.30%
Share result:

Investment Performance Chart

Weekly Lump Sum
Date
Price
% Change
% Change From Start
Total Invested
GEAR Value
Profit
Profit %
GEAR Total
Total Invested
GEAR Value
Profit
Profit %
GEAR Total
12/19/20220.02402 USD+0.00%+0.00%10.00 USD10.00 USD-0.00 USD-0.02%416.25 GEAR60.00 USD59.99 USD-0.01 USD-0.02%2,497.53 GEAR
12/26/20220.01699 USD-29.29%-29.29%20.00 USD17.07 USD-2.93 USD-14.66%1,004.90 GEAR60.00 USD42.42 USD-17.58 USD-29.30%2,497.53 GEAR
01/02/20230.01241 USD-26.96%-48.35%30.00 USD22.46 USD-7.54 USD-25.12%1,810.87 GEAR60.00 USD30.98 USD-29.02 USD-48.36%2,497.53 GEAR
01/09/20230.00943 USD-23.97%-60.73%40.00 USD27.08 USD-12.92 USD-32.31%2,870.96 GEAR60.00 USD23.55 USD-36.45 USD-60.74%2,497.53 GEAR
01/16/20230.0108 USD+14.51%-55.04%50.00 USD41.00 USD-9.00 USD-17.99%3,796.74 GEAR60.00 USD26.97 USD-33.03 USD-55.05%2,497.53 GEAR
01/23/20230.01435 USD+32.81%-40.29%60.00 USD64.45 USD+4.45 USD+7.42%4,493.82 GEAR60.00 USD35.82 USD-24.18 USD-40.30%2,497.53 GEAR

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

How to use the GEAR DCA tool

How to use this Gearbox Investment Calculator

To use this GEAR DCA crypto calculator, you will need to follow these steps:

  1. Input your investment information: The first step in using this GEAR DCA crypto calculator is to input information about your investment goals. This will typically include the amount of money that you want to invest in Gearbox, as well as the frequency of your investments (such as weekly or monthly). This GEAR DCA crypto calculator may also allow you to input additional information, such as your risk tolerance or the length of your investment horizon.
  2. Generate your DCA plan: After you have input your investment information, this GEAR DCA crypto calculator will generate a plan for how to invest using the DCA strategy. This plan will typically include the amount of money that you should invest each period, as well as the total amount of money that you will have invested after a certain number of periods.
  3. Use the plan to guide your investments: Once you have generated your DCA plan, you can use it as a guide for your Gearbox investments. You can use the plan to determine the amount of money that you should invest each period, and track your progress over time to ensure that you are staying on track with your investment goals.
  4. Monitor your Gearbox investment: In addition to using your DCA plan to guide your investments, it is also important to regularly monitor the performance of your Gearbox investment. You can do this by accessing your investment account and viewing your Gearbox balance and trade history. This will allow you to track the value of your investment and see how it is performing over time.

How portfolio values are calculated

The portfolio value in this GEAR DCA crypto calculator is typically calculated by adding up the total value of all of the Gearbox that you have invested in. This value is typically calculated by multiplying the number of Gearbox that you have invested in by the current market price of Gearbox.

For example, let's say that you have invested a total of 5 Gearbox using the DCA strategy, and the current market price of Gearbox is $500. In this case, the portfolio value of your Gearbox investment would be 5 x $500 = $2,500.

Additionally, this GEAR DCA crypto calculator may also take into account the value of any additional investments that you have made using other cryptocurrencies or traditional assets. These investments would be added to the total value of your portfolio, along with the value of your Gearbox investments.

Overall, the portfolio value in this GEAR DCA crypto calculator is an important metric that can help you to track the performance of your investments and see how your portfolio is growing over time. By regularly monitoring the portfolio value, you can make more informed and disciplined investment decisions, and improve your chances of success in the volatile world of cryptocurrency.

What is Dollar Cost Averaging?

GEAR Dollar Cost Averaging (DCA) is a popular investment strategy that is often used in the world of cryptocurrency. GEAR DCA involves investing a fixed amount of money into GEAR (Gearbox) on a regular basis, regardless of the current market price. This strategy can help investors to smooth out the potential ups and downs of the market and reduce the risk of buying at the wrong time.

Here's an example of how GEAR DCA works: let's say that you want to invest $500 in Gearbox. Instead of buying $500 worth of Gearbox all at once, you could use the GEAR DCA strategy to buy $100 worth of Gearbox every week for five weeks. This means that you would be buying Gearbox at different prices each week, depending on how the market is moving. If the price of Gearbox goes up during those five weeks, you will be buying less Gearbox each week. But if the price of Gearbox goes down, you will be buying more Gearbox each week.

The main advantage of using the GEAR DCA strategy is that it can help to reduce the risk of buying at the wrong time. By investing a fixed amount of money on a regular basis, you can avoid the potential pitfalls of trying to time the market or making emotional decisions about when to buy. This can help to ensure that you are consistently buying into the market, rather than making large, one-time purchases that could be affected by market fluctuations.

Additionally, GEAR DCA can help to reduce the average cost of your investment over time. By buying at different prices, you can potentially average out the cost of your investment and end up with a lower overall price than if you had bought all at once. This can help to maximize your returns in the long term.

Overall, the GEAR DCA strategy is a popular and effective way to invest in Gearbox. It can help to reduce risk and improve your chances of success in the volatile world of cryptocurrency.

How to invest in Gearbox?

To invest in Gearbox, you will need to find a reputable and reliable cryptocurrency platform or exchange that offers Gearbox trading.

OKEx is a cryptocurrency exchange that offers Gearbox trading. To invest in Gearbox in OKEx, you will need to follow these steps:

  1. Create an account on OKEx: Visit the OKEx website and sign up for an account. You will need to provide some basic personal information and complete a verification process to create your account.
  2. Fund your OKEx account: Once your account is set up, you will need to deposit funds into your OKEx account. You can do this by transferring funds from your bank account or using a supported cryptocurrency.
  3. Search for Gearbox on OKEx: Once you have funds in your OKEx account, you can search for Gearbox on the platform. You can use the search bar or navigate to the "Markets" section of the OKEx website to find Gearbox.
  4. Place an order to buy Gearbox: Once you have found Gearbox on OKEx, you can place an order to buy it. You will need to specify the amount of Gearbox that you want to buy, as well as the price at which you are willing to buy it.
  5. Monitor your Gearbox investment: After you have placed your order, your investment in Gearbox will be processed and your Gearbox will be added to your OKEx account. You can monitor the performance of your investment by accessing your OKEx account and viewing your Gearbox balance and trade history.

Overall, investing in Gearbox using OKEx is a simple and straightforward process. By following these steps, you can easily add Gearbox to your investment portfolio and start benefiting from its potential growth.