Dollar-cost averaging (DCA) calculator for OpenDAO (SOS) OpenDAO Logo

Buying 10.00 USD of SOS weekly from December 24, 2021 to October 20, 2023 would have turned 960.00 USD into 166.66 USD (-82.64%)

You can customize the OpenDAO dollar cost averaging settings here.

Weekly Investment Summary

Total Invested
960.00 USD
96 Investments
Total SOS purchased
8,496,490,519.24
Value in crypto
Current value of your SOS
166.66 USD
Value in FIAT
Cost AVG profit
-793.34 USD
ROI : -82.64%

Lump Sum Investment Summary

Lump sum invest
960.00 USD
on 12/24/2021
SOS purchased
447,395,342.31
Value in crypto
Current lump sum value
8.78 USD
Value in FIAT
Lump sum profit
-951.22 USD
ROI : -99.09%
Share result:

Investment Performance Chart

Weekly Lump Sum
Date
Price
% Change
% Change From Start
Total Invested
SOS Value
Profit
Profit %
SOS Total
Total Invested
SOS Value
Profit
Profit %
SOS Total
12/24/20210.00 USD+0.00%+0.00%10.00 USD10.00 USD-0.00 USD-0.02%4,660,368.15 SOS960.00 USD959.81 USD-0.19 USD-0.02%447,395,342.31 SOS
12/31/20210.00001 USD+169.29%+169.29%20.00 USD36.92 USD+16.92 USD+84.61%6,390,978.71 SOS960.00 USD2,584.67 USD+1,624.67 USD+169.24%447,395,342.31 SOS
01/07/20220.00 USD-27.12%+96.25%30.00 USD36.91 USD+6.91 USD+23.02%8,765,691.65 SOS960.00 USD1,883.62 USD+923.62 USD+96.21%447,395,342.31 SOS
01/14/20220.00 USD-26.17%+44.90%40.00 USD37.25 USD-2.75 USD-6.88%11,982,030.24 SOS960.00 USD1,390.73 USD+430.73 USD+44.87%447,395,342.31 SOS
01/21/20220.00 USD-6.71%+35.17%50.00 USD44.74 USD-5.26 USD-10.51%15,429,884.67 SOS960.00 USD1,297.35 USD+337.35 USD+35.14%447,395,342.31 SOS
01/28/20220.00 USD-40.57%-19.67%60.00 USD36.59 USD-23.41 USD-39.02%21,231,644.15 SOS960.00 USD770.98 USD-189.02 USD-19.69%447,395,342.31 SOS
02/04/20220.00 USD+85.29%+48.84%70.00 USD77.79 USD+7.79 USD+11.13%24,362,856.45 SOS960.00 USD1,428.54 USD+468.54 USD+48.81%447,395,342.31 SOS
02/11/20220.00 USD-0.21%+48.52%80.00 USD87.62 USD+7.62 USD+9.53%27,500,751.84 SOS960.00 USD1,425.50 USD+465.50 USD+48.49%447,395,342.31 SOS
02/18/20220.00 USD-31.21%+2.17%90.00 USD70.27 USD-19.73 USD-21.92%32,062,303.06 SOS960.00 USD980.60 USD+20.60 USD+2.15%447,395,342.31 SOS
02/25/20220.00 USD-15.87%-14.05%100.00 USD69.12 USD-30.88 USD-30.88%37,484,302.30 SOS960.00 USD824.98 USD-135.02 USD-14.06%447,395,342.31 SOS
03/04/20220.00 USD+6.50%-8.46%110.00 USD83.61 USD-26.39 USD-23.99%42,575,304.81 SOS960.00 USD878.62 USD-81.38 USD-8.48%447,395,342.31 SOS
03/11/20220.00 USD-7.62%-15.43%120.00 USD87.24 USD-32.76 USD-27.30%48,086,085.76 SOS960.00 USD811.69 USD-148.31 USD-15.45%447,395,342.31 SOS
03/18/20220.00 USD-8.08%-22.26%130.00 USD90.19 USD-39.81 USD-30.62%54,081,067.90 SOS960.00 USD746.13 USD-213.87 USD-22.28%447,395,342.31 SOS
03/25/20220.00 USD+10.52%-14.08%140.00 USD109.68 USD-30.32 USD-21.66%59,505,240.14 SOS960.00 USD824.65 USD-135.35 USD-14.10%447,395,342.31 SOS
04/01/20220.00 USD-1.17%-15.09%150.00 USD118.40 USD-31.60 USD-21.07%64,993,691.03 SOS960.00 USD814.99 USD-145.01 USD-15.10%447,395,342.31 SOS
04/08/20220.00 USD-9.40%-23.07%160.00 USD117.27 USD-42.73 USD-26.71%71,051,331.76 SOS960.00 USD738.42 USD-221.58 USD-23.08%447,395,342.31 SOS
04/15/20220.00 USD-16.39%-35.68%170.00 USD108.04 USD-61.96 USD-36.45%78,296,873.89 SOS960.00 USD617.35 USD-342.65 USD-35.69%447,395,342.31 SOS
04/22/20220.00 USD-10.19%-42.23%180.00 USD107.03 USD-72.97 USD-40.54%86,364,551.65 SOS960.00 USD554.44 USD-405.56 USD-42.25%447,395,342.31 SOS
04/29/20220.00 USD-20.94%-54.33%190.00 USD94.62 USD-95.38 USD-50.20%96,568,927.79 SOS960.00 USD438.35 USD-521.65 USD-54.34%447,395,342.31 SOS
05/06/20220.00 USD-28.33%-67.27%200.00 USD77.81 USD-122.19 USD-61.09%110,806,107.16 SOS960.00 USD314.18 USD-645.82 USD-67.27%447,395,342.31 SOS
05/13/20220.00 USD-62.46%-87.71%210.00 USD39.21 USD-170.79 USD-81.33%148,733,737.91 SOS960.00 USD117.94 USD-842.06 USD-87.71%447,395,342.31 SOS
05/20/20220.00 USD+42.79%-82.45%220.00 USD65.98 USD-154.02 USD-70.01%175,294,952.02 SOS960.00 USD168.41 USD-791.59 USD-82.46%447,395,342.31 SOS
05/27/20220.00 USD-5.53%-83.42%230.00 USD72.33 USD-157.67 USD-68.55%203,409,953.78 SOS960.00 USD159.10 USD-800.90 USD-83.43%447,395,342.31 SOS
06/03/20220.00 USD+29.07%-78.61%240.00 USD103.36 USD-136.64 USD-56.93%225,192,811.64 SOS960.00 USD205.35 USD-754.65 USD-78.61%447,395,342.31 SOS
06/10/20220.00 USD-9.38%-80.61%250.00 USD103.66 USD-146.34 USD-58.54%249,231,696.93 SOS960.00 USD186.08 USD-773.92 USD-80.62%447,395,342.31 SOS
06/17/20220.00 USD-27.21%-85.89%260.00 USD85.46 USD-174.54 USD-67.13%282,254,425.48 SOS960.00 USD135.45 USD-824.55 USD-85.89%447,395,342.31 SOS
06/24/20220.00 USD+31.21%-81.48%270.00 USD122.12 USD-147.88 USD-54.77%307,422,519.73 SOS960.00 USD177.73 USD-782.27 USD-81.49%447,395,342.31 SOS
07/01/20220.00 USD-20.15%-85.21%280.00 USD107.52 USD-172.48 USD-61.60%338,939,978.68 SOS960.00 USD141.92 USD-818.08 USD-85.22%447,395,342.31 SOS
07/08/20220.00 USD+7.87%-84.05%290.00 USD125.97 USD-164.03 USD-56.56%368,159,279.25 SOS960.00 USD153.09 USD-806.91 USD-84.05%447,395,342.31 SOS
07/15/20220.00 USD-9.10%-85.50%300.00 USD124.51 USD-175.49 USD-58.50%400,303,852.11 SOS960.00 USD139.15 USD-820.85 USD-85.50%447,395,342.31 SOS
07/22/20220.00 USD+1.04%-85.35%310.00 USD135.79 USD-174.21 USD-56.20%432,119,122.09 SOS960.00 USD140.59 USD-819.41 USD-85.35%447,395,342.31 SOS
07/29/20220.00 USD-0.07%-85.36%320.00 USD145.69 USD-174.31 USD-54.47%463,957,333.55 SOS960.00 USD140.49 USD-819.51 USD-85.37%447,395,342.31 SOS
08/05/20220.00 USD+2.17%-85.04%330.00 USD158.85 USD-171.15 USD-51.86%495,119,611.48 SOS960.00 USD143.54 USD-816.46 USD-85.05%447,395,342.31 SOS
08/12/20220.00 USD+7.03%-83.99%340.00 USD180.01 USD-159.99 USD-47.06%524,235,985.35 SOS960.00 USD153.63 USD-806.37 USD-84.00%447,395,342.31 SOS
08/19/20220.00 USD-5.92%-84.94%350.00 USD179.35 USD-170.65 USD-48.76%555,184,698.57 SOS960.00 USD144.53 USD-815.47 USD-84.94%447,395,342.31 SOS
08/26/20220.00 USD-3.60%-85.48%360.00 USD182.90 USD-177.10 USD-49.20%587,288,741.41 SOS960.00 USD139.33 USD-820.67 USD-85.49%447,395,342.31 SOS
09/02/20220.00 USD-9.36%-86.84%370.00 USD175.78 USD-194.22 USD-52.49%622,707,978.45 SOS960.00 USD126.29 USD-833.71 USD-86.84%447,395,342.31 SOS
09/09/20220.00 USD-4.59%-87.45%380.00 USD177.70 USD-202.30 USD-53.24%659,832,699.97 SOS960.00 USD120.49 USD-839.51 USD-87.45%447,395,342.31 SOS
09/16/20220.00 USD-6.41%-88.25%390.00 USD176.30 USD-213.70 USD-54.79%699,501,281.83 SOS960.00 USD112.76 USD-847.24 USD-88.25%447,395,342.31 SOS
09/23/20220.00 USD-5.42%-88.89%400.00 USD176.75 USD-223.25 USD-55.81%741,440,928.07 SOS960.00 USD106.65 USD-853.35 USD-88.89%447,395,342.31 SOS
09/30/20220.00 USD+0.95%-88.78%410.00 USD188.43 USD-221.57 USD-54.04%782,986,620.78 SOS960.00 USD107.67 USD-852.33 USD-88.78%447,395,342.31 SOS
10/07/20220.00 USD-0.53%-88.84%420.00 USD197.43 USD-222.57 USD-52.99%824,751,882.14 SOS960.00 USD107.10 USD-852.90 USD-88.84%447,395,342.31 SOS
10/14/20220.00 USD-11.26%-90.10%430.00 USD185.20 USD-244.80 USD-56.93%871,817,949.29 SOS960.00 USD95.04 USD-864.96 USD-90.10%447,395,342.31 SOS
10/21/20220.00 USD-1.28%-90.23%440.00 USD192.82 USD-247.18 USD-56.18%919,495,612.05 SOS960.00 USD93.82 USD-866.18 USD-90.23%447,395,342.31 SOS
10/28/20220.00 USD+3.60%-89.87%450.00 USD209.77 USD-240.23 USD-53.39%965,514,493.15 SOS960.00 USD97.20 USD-862.80 USD-89.87%447,395,342.31 SOS
11/04/20220.00 USD-1.82%-90.06%460.00 USD215.95 USD-244.05 USD-53.05%1,012,384,845.13 SOS960.00 USD95.43 USD-864.57 USD-90.06%447,395,342.31 SOS
11/11/20220.00 USD-15.71%-91.62%470.00 USD192.04 USD-277.96 USD-59.14%1,067,987,830.18 SOS960.00 USD80.45 USD-879.55 USD-91.62%447,395,342.31 SOS
11/18/20220.00 USD-26.84%-93.87%480.00 USD150.49 USD-329.51 USD-68.65%1,143,988,465.17 SOS960.00 USD58.86 USD-901.14 USD-93.87%447,395,342.31 SOS
11/25/20220.00 USD-8.43%-94.38%490.00 USD147.81 USD-342.19 USD-69.83%1,226,981,970.11 SOS960.00 USD53.90 USD-906.10 USD-94.39%447,395,342.31 SOS
12/02/20220.00 USD-4.59%-94.64%500.00 USD151.02 USD-348.98 USD-69.80%1,313,969,878.17 SOS960.00 USD51.42 USD-908.58 USD-94.64%447,395,342.31 SOS
12/09/20220.00 USD-3.04%-94.81%510.00 USD156.42 USD-353.58 USD-69.33%1,403,687,904.35 SOS960.00 USD49.86 USD-910.14 USD-94.81%447,395,342.31 SOS
12/16/20220.00 USD+1.42%-94.73%520.00 USD168.64 USD-351.36 USD-67.57%1,492,149,533.07 SOS960.00 USD50.56 USD-909.44 USD-94.73%447,395,342.31 SOS
12/23/20220.00 USD+56.29%-91.77%530.00 USD273.57 USD-256.43 USD-48.38%1,548,750,528.38 SOS960.00 USD79.03 USD-880.97 USD-91.77%447,395,342.31 SOS
12/30/20220.00 USD-14.66%-92.97%540.00 USD243.45 USD-296.55 USD-54.92%1,615,077,516.57 SOS960.00 USD67.44 USD-892.56 USD-92.98%447,395,342.31 SOS
01/06/20230.00 USD-2.89%-93.18%550.00 USD246.42 USD-303.58 USD-55.20%1,683,376,200.20 SOS960.00 USD65.49 USD-894.51 USD-93.18%447,395,342.31 SOS
01/13/20230.00 USD+4.95%-92.84%560.00 USD268.61 USD-291.39 USD-52.03%1,748,455,433.80 SOS960.00 USD68.73 USD-891.27 USD-92.84%447,395,342.31 SOS
01/20/20230.00 USD+8.91%-92.20%570.00 USD302.54 USD-267.46 USD-46.92%1,808,211,540.95 SOS960.00 USD74.86 USD-885.14 USD-92.20%447,395,342.31 SOS
01/27/20230.00 USD-0.26%-92.22%580.00 USD311.76 USD-268.24 USD-46.25%1,868,121,014.70 SOS960.00 USD74.66 USD-885.34 USD-92.22%447,395,342.31 SOS
02/03/20230.00 USD+19.08%-90.74%590.00 USD381.26 USD-208.74 USD-35.38%1,918,429,607.38 SOS960.00 USD88.91 USD-871.09 USD-90.74%447,395,342.31 SOS
02/10/20230.00 USD-15.42%-92.16%600.00 USD332.48 USD-267.52 USD-44.59%1,977,907,963.37 SOS960.00 USD75.20 USD-884.80 USD-92.17%447,395,342.31 SOS
02/17/20230.00 USD+1.13%-92.08%610.00 USD346.23 USD-263.77 USD-43.24%2,036,722,379.55 SOS960.00 USD76.05 USD-883.95 USD-92.08%447,395,342.31 SOS
02/24/20230.00 USD-0.06%-92.08%620.00 USD356.03 USD-263.97 USD-42.58%2,095,569,756.95 SOS960.00 USD76.01 USD-883.99 USD-92.08%447,395,342.31 SOS
03/03/20230.00 USD-6.26%-92.58%630.00 USD343.73 USD-286.27 USD-45.44%2,158,348,870.39 SOS960.00 USD71.25 USD-888.75 USD-92.58%447,395,342.31 SOS
03/10/20230.00 USD-20.35%-94.09%640.00 USD283.78 USD-356.22 USD-55.66%2,237,167,113.29 SOS960.00 USD56.75 USD-903.25 USD-94.09%447,395,342.31 SOS
03/17/20230.00 USD+12.92%-93.32%650.00 USD330.45 USD-319.55 USD-49.16%2,306,966,085.91 SOS960.00 USD64.08 USD-895.92 USD-93.32%447,395,342.31 SOS
03/24/20230.00 USD+45.15%-90.31%660.00 USD489.66 USD-170.34 USD-25.81%2,355,052,172.69 SOS960.00 USD93.02 USD-866.98 USD-90.31%447,395,342.31 SOS
03/31/20230.00 USD-45.17%-94.69%670.00 USD278.49 USD-391.51 USD-58.43%2,442,748,332.87 SOS960.00 USD51.01 USD-908.99 USD-94.69%447,395,342.31 SOS
04/07/20230.00 USD+1.49%-94.61%680.00 USD292.65 USD-387.35 USD-56.96%2,529,154,819.90 SOS960.00 USD51.77 USD-908.23 USD-94.61%447,395,342.31 SOS
04/14/20230.00 USD-3.95%-94.82%690.00 USD291.08 USD-398.92 USD-57.81%2,619,115,681.99 SOS960.00 USD49.72 USD-910.28 USD-94.82%447,395,342.31 SOS
04/21/20230.00 USD-24.90%-96.11%700.00 USD228.61 USD-471.39 USD-67.34%2,738,897,246.80 SOS960.00 USD37.34 USD-922.66 USD-96.11%447,395,342.31 SOS
04/28/20230.00 USD+5.32%-95.90%710.00 USD250.77 USD-459.23 USD-64.68%2,852,630,151.93 SOS960.00 USD39.33 USD-920.67 USD-95.90%447,395,342.31 SOS
05/05/20230.00 USD-0.61%-95.93%720.00 USD259.24 USD-460.76 USD-63.99%2,967,060,069.18 SOS960.00 USD39.09 USD-920.91 USD-95.93%447,395,342.31 SOS
05/12/20230.00 USD-22.30%-96.84%730.00 USD211.44 USD-518.56 USD-71.04%3,114,323,876.32 SOS960.00 USD30.37 USD-929.63 USD-96.84%447,395,342.31 SOS
05/19/20230.00 USD+3.97%-96.71%740.00 USD229.83 USD-510.17 USD-68.94%3,255,965,558.35 SOS960.00 USD31.58 USD-928.42 USD-96.71%447,395,342.31 SOS
05/26/20230.00 USD-6.72%-96.93%750.00 USD224.37 USD-525.63 USD-70.08%3,407,817,789.21 SOS960.00 USD29.46 USD-930.54 USD-96.93%447,395,342.31 SOS
06/02/20230.00 USD+2.66%-96.85%760.00 USD240.34 USD-519.66 USD-68.38%3,555,731,179.09 SOS960.00 USD30.24 USD-929.76 USD-96.85%447,395,342.31 SOS
06/09/20230.00 USD-12.82%-97.25%770.00 USD219.53 USD-550.47 USD-71.49%3,725,395,792.93 SOS960.00 USD26.36 USD-933.64 USD-97.25%447,395,342.31 SOS
06/16/20230.00 USD-17.96%-97.75%780.00 USD190.09 USD-589.91 USD-75.63%3,932,213,620.76 SOS960.00 USD21.63 USD-938.37 USD-97.75%447,395,342.31 SOS
06/23/20230.00 USD+8.43%-97.56%790.00 USD216.11 USD-573.89 USD-72.64%4,122,959,161.45 SOS960.00 USD23.45 USD-936.55 USD-97.56%447,395,342.31 SOS
06/30/20230.00 USD+0.71%-97.54%800.00 USD227.65 USD-572.35 USD-71.54%4,312,351,769.17 SOS960.00 USD23.62 USD-936.38 USD-97.54%447,395,342.31 SOS
07/07/20230.00 USD-2.93%-97.61%810.00 USD230.99 USD-579.01 USD-71.48%4,507,451,696.37 SOS960.00 USD22.93 USD-937.07 USD-97.61%447,395,342.31 SOS
07/14/20230.00 USD+2.59%-97.55%820.00 USD246.96 USD-573.04 USD-69.88%4,697,629,123.58 SOS960.00 USD23.52 USD-936.48 USD-97.55%447,395,342.31 SOS
07/21/20230.00 USD-1.62%-97.59%830.00 USD252.96 USD-577.04 USD-69.52%4,890,937,026.89 SOS960.00 USD23.14 USD-936.86 USD-97.59%447,395,342.31 SOS
07/28/20230.00 USD-0.47%-97.60%840.00 USD261.78 USD-578.22 USD-68.84%5,085,148,199.87 SOS960.00 USD23.03 USD-936.97 USD-97.60%447,395,342.31 SOS
08/04/20230.00 USD-3.69%-97.69%850.00 USD262.12 USD-587.88 USD-69.16%5,286,800,896.89 SOS960.00 USD22.18 USD-937.82 USD-97.69%447,395,342.31 SOS
08/11/20230.00 USD-4.81%-97.80%860.00 USD259.52 USD-600.48 USD-69.82%5,498,636,039.16 SOS960.00 USD21.12 USD-938.88 USD-97.80%447,395,342.31 SOS
08/18/20230.00 USD-16.41%-98.16%870.00 USD226.93 USD-643.07 USD-73.92%5,752,059,107.82 SOS960.00 USD17.65 USD-942.35 USD-98.16%447,395,342.31 SOS
08/25/20230.00 USD+2.76%-98.11%880.00 USD243.18 USD-636.82 USD-72.37%5,998,685,653.88 SOS960.00 USD18.14 USD-941.86 USD-98.11%447,395,342.31 SOS
09/01/20230.00 USD-3.06%-98.17%890.00 USD245.74 USD-644.26 USD-72.39%6,253,090,325.83 SOS960.00 USD17.58 USD-942.42 USD-98.17%447,395,342.31 SOS
09/08/20230.00 USD+2.62%-98.12%900.00 USD262.18 USD-637.82 USD-70.87%6,501,002,384.44 SOS960.00 USD18.04 USD-941.96 USD-98.12%447,395,342.31 SOS
09/15/20230.00 USD-13.92%-98.38%910.00 USD235.69 USD-674.31 USD-74.10%6,788,988,515.05 SOS960.00 USD15.53 USD-944.47 USD-98.38%447,395,342.31 SOS
09/22/20230.00 USD-1.91%-98.41%920.00 USD241.18 USD-678.82 USD-73.78%7,082,591,848.34 SOS960.00 USD15.24 USD-944.76 USD-98.41%447,395,342.31 SOS
09/29/20230.00 USD+5.01%-98.33%930.00 USD263.25 USD-666.75 USD-71.69%7,362,198,441.01 SOS960.00 USD16.00 USD-944.00 USD-98.33%447,395,342.31 SOS
10/06/20230.00 USD-0.36%-98.34%940.00 USD272.29 USD-667.71 USD-71.03%7,642,829,224.87 SOS960.00 USD15.94 USD-944.06 USD-98.34%447,395,342.31 SOS
10/13/20230.00 USD-18.41%-98.65%950.00 USD232.15 USD-717.85 USD-75.56%7,986,788,971.00 SOS960.00 USD13.00 USD-947.00 USD-98.65%447,395,342.31 SOS
10/20/20230.00 USD-32.52%-99.09%960.00 USD166.66 USD-793.34 USD-82.64%8,496,490,519.24 SOS960.00 USD8.78 USD-951.22 USD-99.09%447,395,342.31 SOS

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

How to use the SOS DCA tool

How to use this OpenDAO Investment Calculator

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

  1. Input your investment information: The first step in using this SOS 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 OpenDAO, as well as the frequency of your investments (such as weekly or monthly). This SOS 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 SOS 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 OpenDAO 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 OpenDAO investment: In addition to using your DCA plan to guide your investments, it is also important to regularly monitor the performance of your OpenDAO investment. You can do this by accessing your investment account and viewing your OpenDAO 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 SOS DCA crypto calculator is typically calculated by adding up the total value of all of the OpenDAO that you have invested in. This value is typically calculated by multiplying the number of OpenDAO that you have invested in by the current market price of OpenDAO.

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

Additionally, this SOS 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 OpenDAO investments.

Overall, the portfolio value in this SOS 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?

SOS Dollar Cost Averaging (DCA) is a popular investment strategy that is often used in the world of cryptocurrency. SOS DCA involves investing a fixed amount of money into SOS (OpenDAO) 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 SOS DCA works: let's say that you want to invest $500 in OpenDAO. Instead of buying $500 worth of OpenDAO all at once, you could use the SOS DCA strategy to buy $100 worth of OpenDAO every week for five weeks. This means that you would be buying OpenDAO at different prices each week, depending on how the market is moving. If the price of OpenDAO goes up during those five weeks, you will be buying less OpenDAO each week. But if the price of OpenDAO goes down, you will be buying more OpenDAO each week.

The main advantage of using the SOS 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, SOS 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 SOS DCA strategy is a popular and effective way to invest in OpenDAO. It can help to reduce risk and improve your chances of success in the volatile world of cryptocurrency.

How to invest in OpenDAO?

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