Weekly Investment Summary
Lump Sum Investment Summary
Investment Performance Chart
Weekly | Lump Sum | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Date | Price | % Change | % Change From Start | Total Invested | TRADE Value | Profit | Profit % | TRADE Total | Total Invested | TRADE Value | Profit | Profit % | TRADE Total |
08/05/2020 | 0.11363 USD | +0.00% | +0.00% | 10.00 USD | 10.00 USD | -0.00 USD | -0.02% | 88.01 TRADE | 840.00 USD | 839.83 USD | -0.17 USD | -0.02% | 7,392.62 TRADE |
08/12/2020 | 0.54698 USD | +381.38% | +381.38% | 20.00 USD | 58.13 USD | +38.13 USD | +190.63% | 106.29 TRADE | 840.00 USD | 4,042.81 USD | +3,202.81 USD | +381.29% | 7,392.62 TRADE |
08/19/2020 | 0.48766 USD | -10.84% | +329.18% | 30.00 USD | 61.82 USD | +31.82 USD | +106.07% | 126.80 TRADE | 840.00 USD | 3,604.37 USD | +2,764.37 USD | +329.09% | 7,392.62 TRADE |
08/26/2020 | 0.69802 USD | +43.14% | +514.31% | 40.00 USD | 98.49 USD | +58.49 USD | +146.21% | 141.12 TRADE | 840.00 USD | 5,159.14 USD | +4,319.14 USD | +514.18% | 7,392.62 TRADE |
09/02/2020 | 1.22 USD | +74.42% | +971.47% | 50.00 USD | 181.78 USD | +131.78 USD | +263.55% | 149.34 TRADE | 840.00 USD | 8,998.56 USD | +8,158.56 USD | +971.26% | 7,392.62 TRADE |
09/09/2020 | 1.21 USD | -0.38% | +967.42% | 60.00 USD | 191.09 USD | +131.09 USD | +218.48% | 157.58 TRADE | 840.00 USD | 8,964.49 USD | +8,124.49 USD | +967.20% | 7,392.62 TRADE |
09/16/2020 | 0.90052 USD | -25.75% | +692.52% | 70.00 USD | 151.87 USD | +81.87 USD | +116.96% | 168.69 TRADE | 840.00 USD | 6,655.84 USD | +5,815.84 USD | +692.36% | 7,392.62 TRADE |
09/23/2020 | 0.81255 USD | -9.77% | +615.10% | 80.00 USD | 147.04 USD | +67.04 USD | +83.79% | 180.99 TRADE | 840.00 USD | 6,005.66 USD | +5,165.66 USD | +614.96% | 7,392.62 TRADE |
09/30/2020 | 0.8858 USD | +9.01% | +679.57% | 90.00 USD | 170.29 USD | +80.29 USD | +89.21% | 192.28 TRADE | 840.00 USD | 6,547.07 USD | +5,707.07 USD | +679.41% | 7,392.62 TRADE |
10/07/2020 | 0.79796 USD | -9.92% | +602.27% | 100.00 USD | 163.40 USD | +63.40 USD | +63.40% | 204.81 TRADE | 840.00 USD | 5,897.87 USD | +5,057.87 USD | +602.13% | 7,392.62 TRADE |
10/14/2020 | 0.28956 USD | -63.71% | +154.83% | 110.00 USD | 69.29 USD | -40.71 USD | -37.01% | 239.35 TRADE | 840.00 USD | 2,140.17 USD | +1,300.17 USD | +154.78% | 7,392.62 TRADE |
10/21/2020 | 0.29973 USD | +3.51% | +163.79% | 120.00 USD | 81.72 USD | -38.28 USD | -31.90% | 272.71 TRADE | 840.00 USD | 2,215.37 USD | +1,375.37 USD | +163.73% | 7,392.62 TRADE |
10/28/2020 | 0.33415 USD | +11.48% | +194.08% | 130.00 USD | 101.11 USD | -28.89 USD | -22.22% | 302.64 TRADE | 840.00 USD | 2,469.79 USD | +1,629.79 USD | +194.02% | 7,392.62 TRADE |
11/04/2020 | 0.23025 USD | -31.09% | +102.64% | 140.00 USD | 79.67 USD | -60.33 USD | -43.10% | 346.07 TRADE | 840.00 USD | 1,701.82 USD | +861.82 USD | +102.60% | 7,392.62 TRADE |
11/11/2020 | 0.232 USD | +0.76% | +104.18% | 150.00 USD | 90.27 USD | -59.73 USD | -39.82% | 389.17 TRADE | 840.00 USD | 1,714.74 USD | +874.74 USD | +104.14% | 7,392.62 TRADE |
11/18/2020 | 0.22152 USD | -4.52% | +94.95% | 160.00 USD | 96.19 USD | -63.81 USD | -39.88% | 434.31 TRADE | 840.00 USD | 1,637.29 USD | +797.29 USD | +94.92% | 7,392.62 TRADE |
11/25/2020 | 0.26079 USD | +17.73% | +129.51% | 170.00 USD | 123.24 USD | -46.76 USD | -27.51% | 472.66 TRADE | 840.00 USD | 1,927.52 USD | +1,087.52 USD | +129.47% | 7,392.62 TRADE |
12/02/2020 | 0.23943 USD | -8.19% | +110.72% | 180.00 USD | 123.14 USD | -56.86 USD | -31.59% | 514.43 TRADE | 840.00 USD | 1,769.67 USD | +929.67 USD | +110.67% | 7,392.62 TRADE |
12/09/2020 | 0.21384 USD | -10.69% | +88.19% | 190.00 USD | 119.98 USD | -70.02 USD | -36.85% | 561.19 TRADE | 840.00 USD | 1,580.51 USD | +740.51 USD | +88.16% | 7,392.62 TRADE |
12/16/2020 | 0.18441 USD | -13.76% | +62.30% | 200.00 USD | 113.47 USD | -86.53 USD | -43.27% | 615.42 TRADE | 840.00 USD | 1,363.01 USD | +523.01 USD | +62.26% | 7,392.62 TRADE |
12/23/2020 | 0.15227 USD | -17.43% | +34.01% | 210.00 USD | 103.69 USD | -106.31 USD | -50.62% | 681.09 TRADE | 840.00 USD | 1,125.46 USD | +285.46 USD | +33.98% | 7,392.62 TRADE |
12/30/2020 | 0.1365 USD | -10.36% | +20.13% | 220.00 USD | 102.95 USD | -117.05 USD | -53.20% | 754.35 TRADE | 840.00 USD | 1,008.90 USD | +168.90 USD | +20.11% | 7,392.62 TRADE |
01/06/2021 | 0.20748 USD | +52.00% | +82.60% | 230.00 USD | 166.48 USD | -63.52 USD | -27.62% | 802.55 TRADE | 840.00 USD | 1,533.53 USD | +693.53 USD | +82.56% | 7,392.62 TRADE |
01/13/2021 | 0.20337 USD | -1.98% | +78.98% | 240.00 USD | 173.18 USD | -66.82 USD | -27.84% | 851.72 TRADE | 840.00 USD | 1,503.13 USD | +663.13 USD | +78.94% | 7,392.62 TRADE |
01/20/2021 | 0.2 USD | -1.66% | +76.02% | 250.00 USD | 180.31 USD | -69.69 USD | -27.88% | 901.72 TRADE | 840.00 USD | 1,478.25 USD | +638.25 USD | +75.98% | 7,392.62 TRADE |
01/27/2021 | 0.15832 USD | -20.84% | +39.33% | 260.00 USD | 152.73 USD | -107.27 USD | -41.26% | 964.88 TRADE | 840.00 USD | 1,170.15 USD | +330.15 USD | +39.30% | 7,392.62 TRADE |
02/03/2021 | 0.44683 USD | +182.23% | +293.24% | 270.00 USD | 441.05 USD | +171.05 USD | +63.35% | 987.26 TRADE | 840.00 USD | 3,302.58 USD | +2,462.58 USD | +293.16% | 7,392.62 TRADE |
02/10/2021 | 0.33231 USD | -25.63% | +192.45% | 280.00 USD | 338.00 USD | +58.00 USD | +20.72% | 1,017.35 TRADE | 840.00 USD | 2,456.12 USD | +1,616.12 USD | +192.40% | 7,392.62 TRADE |
02/17/2021 | 0.36678 USD | +10.37% | +222.79% | 290.00 USD | 383.06 USD | +93.06 USD | +32.09% | 1,044.62 TRADE | 840.00 USD | 2,710.90 USD | +1,870.90 USD | +222.73% | 7,392.62 TRADE |
02/24/2021 | 0.32164 USD | -12.31% | +183.07% | 300.00 USD | 345.92 USD | +45.92 USD | +15.31% | 1,075.71 TRADE | 840.00 USD | 2,377.29 USD | +1,537.29 USD | +183.01% | 7,392.62 TRADE |
03/03/2021 | 0.31279 USD | -2.75% | +175.28% | 310.00 USD | 346.41 USD | +36.41 USD | +11.74% | 1,107.68 TRADE | 840.00 USD | 2,311.91 USD | +1,471.91 USD | +175.23% | 7,392.62 TRADE |
03/10/2021 | 0.38769 USD | +23.95% | +241.20% | 320.00 USD | 439.35 USD | +119.35 USD | +37.30% | 1,133.47 TRADE | 840.00 USD | 2,865.51 USD | +2,025.51 USD | +241.13% | 7,392.62 TRADE |
03/17/2021 | 0.36859 USD | -4.93% | +224.38% | 330.00 USD | 427.70 USD | +97.70 USD | +29.61% | 1,160.60 TRADE | 840.00 USD | 2,724.28 USD | +1,884.28 USD | +224.32% | 7,392.62 TRADE |
03/24/2021 | 0.70647 USD | +91.67% | +521.75% | 340.00 USD | 829.76 USD | +489.76 USD | +144.05% | 1,174.76 TRADE | 840.00 USD | 5,221.63 USD | +4,381.63 USD | +521.62% | 7,392.62 TRADE |
03/31/2021 | 0.80613 USD | +14.11% | +609.46% | 350.00 USD | 956.82 USD | +606.82 USD | +173.38% | 1,187.16 TRADE | 840.00 USD | 5,958.23 USD | +5,118.23 USD | +609.31% | 7,392.62 TRADE |
04/07/2021 | 0.69923 USD | -13.26% | +515.37% | 360.00 USD | 839.93 USD | +479.93 USD | +133.31% | 1,201.46 TRADE | 840.00 USD | 5,168.11 USD | +4,328.11 USD | +515.25% | 7,392.62 TRADE |
04/14/2021 | 0.88449 USD | +26.50% | +678.42% | 370.00 USD | 1,072.47 USD | +702.47 USD | +189.86% | 1,212.77 TRADE | 840.00 USD | 6,537.41 USD | +5,697.41 USD | +678.26% | 7,392.62 TRADE |
04/21/2021 | 0.72813 USD | -17.68% | +540.81% | 380.00 USD | 892.87 USD | +512.87 USD | +134.97% | 1,226.50 TRADE | 840.00 USD | 5,381.71 USD | +4,541.71 USD | +540.68% | 7,392.62 TRADE |
04/28/2021 | 0.75691 USD | +3.95% | +566.14% | 390.00 USD | 938.17 USD | +548.17 USD | +140.56% | 1,239.71 TRADE | 840.00 USD | 5,594.44 USD | +4,754.44 USD | +566.00% | 7,392.62 TRADE |
05/05/2021 | 0.61092 USD | -19.29% | +437.66% | 400.00 USD | 767.22 USD | +367.22 USD | +91.80% | 1,256.08 TRADE | 840.00 USD | 4,515.43 USD | +3,675.43 USD | +437.55% | 7,392.62 TRADE |
05/12/2021 | 0.64292 USD | +5.24% | +465.82% | 410.00 USD | 817.40 USD | +407.40 USD | +99.37% | 1,271.64 TRADE | 840.00 USD | 4,751.91 USD | +3,911.91 USD | +465.70% | 7,392.62 TRADE |
05/19/2021 | 0.50828 USD | -20.94% | +347.33% | 420.00 USD | 656.22 USD | +236.22 USD | +56.24% | 1,291.31 TRADE | 840.00 USD | 3,756.79 USD | +2,916.79 USD | +347.24% | 7,392.62 TRADE |
05/26/2021 | 0.33964 USD | -33.18% | +198.91% | 430.00 USD | 448.50 USD | +18.50 USD | +4.30% | 1,320.75 TRADE | 840.00 USD | 2,510.36 USD | +1,670.36 USD | +198.85% | 7,392.62 TRADE |
06/02/2021 | 0.34693 USD | +2.15% | +205.33% | 440.00 USD | 468.12 USD | +28.12 USD | +6.39% | 1,349.58 TRADE | 840.00 USD | 2,564.22 USD | +1,724.22 USD | +205.26% | 7,392.62 TRADE |
06/09/2021 | 0.29754 USD | -14.24% | +161.85% | 450.00 USD | 411.46 USD | -38.54 USD | -8.56% | 1,383.19 TRADE | 840.00 USD | 2,199.12 USD | +1,359.12 USD | +161.80% | 7,392.62 TRADE |
06/16/2021 | 0.18951 USD | -36.31% | +66.78% | 460.00 USD | 272.07 USD | -187.93 USD | -40.85% | 1,435.95 TRADE | 840.00 USD | 1,400.70 USD | +560.70 USD | +66.75% | 7,392.62 TRADE |
06/23/2021 | 0.12651 USD | -33.24% | +11.34% | 470.00 USD | 191.63 USD | -278.37 USD | -59.23% | 1,515.00 TRADE | 840.00 USD | 935.08 USD | +95.08 USD | +11.32% | 7,392.62 TRADE |
06/30/2021 | 0.16067 USD | +27.00% | +41.40% | 480.00 USD | 253.36 USD | -226.64 USD | -47.22% | 1,577.24 TRADE | 840.00 USD | 1,187.53 USD | +347.53 USD | +41.37% | 7,392.62 TRADE |
07/07/2021 | 0.14689 USD | -8.58% | +29.27% | 490.00 USD | 241.63 USD | -248.37 USD | -50.69% | 1,645.32 TRADE | 840.00 USD | 1,085.68 USD | +245.68 USD | +29.25% | 7,392.62 TRADE |
07/14/2021 | 0.13725 USD | -6.56% | +20.79% | 500.00 USD | 235.77 USD | -264.23 USD | -52.85% | 1,718.18 TRADE | 840.00 USD | 1,014.40 USD | +174.40 USD | +20.76% | 7,392.62 TRADE |
07/21/2021 | 0.10837 USD | -21.04% | -4.63% | 510.00 USD | 196.16 USD | -313.84 USD | -61.54% | 1,810.45 TRADE | 840.00 USD | 800.99 USD | -39.01 USD | -4.64% | 7,392.62 TRADE |
07/28/2021 | 0.1143 USD | +5.47% | +0.59% | 520.00 USD | 216.89 USD | -303.11 USD | -58.29% | 1,897.94 TRADE | 840.00 USD | 844.80 USD | +4.80 USD | +0.57% | 7,392.62 TRADE |
08/04/2021 | 0.12238 USD | +7.07% | +7.70% | 530.00 USD | 242.22 USD | -287.78 USD | -54.30% | 1,979.66 TRADE | 840.00 USD | 904.52 USD | +64.52 USD | +7.68% | 7,392.62 TRADE |
08/11/2021 | 0.14326 USD | +17.06% | +26.08% | 540.00 USD | 293.54 USD | -246.46 USD | -45.64% | 2,049.46 TRADE | 840.00 USD | 1,058.84 USD | +218.84 USD | +26.05% | 7,392.62 TRADE |
08/18/2021 | 0.15351 USD | +7.16% | +35.10% | 550.00 USD | 324.54 USD | -225.46 USD | -40.99% | 2,114.60 TRADE | 840.00 USD | 1,134.60 USD | +294.60 USD | +35.07% | 7,392.62 TRADE |
08/25/2021 | 0.18603 USD | +21.19% | +63.72% | 560.00 USD | 403.30 USD | -156.70 USD | -27.98% | 2,168.36 TRADE | 840.00 USD | 1,374.99 USD | +534.99 USD | +63.69% | 7,392.62 TRADE |
09/01/2021 | 0.1701 USD | -8.56% | +49.70% | 570.00 USD | 378.77 USD | -191.23 USD | -33.55% | 2,227.15 TRADE | 840.00 USD | 1,257.26 USD | +417.26 USD | +49.67% | 7,392.62 TRADE |
09/08/2021 | 0.13858 USD | -18.53% | +21.96% | 580.00 USD | 318.58 USD | -261.42 USD | -45.07% | 2,299.30 TRADE | 840.00 USD | 1,024.30 USD | +184.30 USD | +21.94% | 7,392.62 TRADE |
09/15/2021 | 0.12756 USD | -7.95% | +12.26% | 590.00 USD | 303.24 USD | -286.76 USD | -48.60% | 2,377.70 TRADE | 840.00 USD | 942.82 USD | +102.82 USD | +12.24% | 7,392.62 TRADE |
09/22/2021 | 0.10769 USD | -15.58% | -5.23% | 600.00 USD | 266.00 USD | -334.00 USD | -55.67% | 2,470.56 TRADE | 840.00 USD | 795.94 USD | -44.06 USD | -5.24% | 7,392.62 TRADE |
09/29/2021 | 0.10016 USD | -6.99% | -11.85% | 610.00 USD | 257.41 USD | -352.59 USD | -57.80% | 2,570.40 TRADE | 840.00 USD | 740.32 USD | -99.68 USD | -11.87% | 7,392.62 TRADE |
10/06/2021 | 0.11241 USD | +12.23% | -1.07% | 620.00 USD | 298.89 USD | -321.11 USD | -51.79% | 2,659.35 TRADE | 840.00 USD | 830.87 USD | -9.13 USD | -1.09% | 7,392.62 TRADE |
10/13/2021 | 0.12236 USD | +8.85% | +7.69% | 630.00 USD | 335.33 USD | -294.67 USD | -46.77% | 2,741.08 TRADE | 840.00 USD | 904.39 USD | +64.39 USD | +7.67% | 7,392.62 TRADE |
10/20/2021 | 0.1202 USD | -1.77% | +5.78% | 640.00 USD | 339.40 USD | -300.60 USD | -46.97% | 2,824.28 TRADE | 840.00 USD | 888.38 USD | +48.38 USD | +5.76% | 7,392.62 TRADE |
10/27/2021 | 0.13199 USD | +9.81% | +16.16% | 650.00 USD | 382.70 USD | -267.30 USD | -41.12% | 2,900.04 TRADE | 840.00 USD | 975.57 USD | +135.57 USD | +16.14% | 7,392.62 TRADE |
11/03/2021 | 0.14005 USD | +6.10% | +23.25% | 660.00 USD | 416.06 USD | -243.94 USD | -36.96% | 2,971.44 TRADE | 840.00 USD | 1,035.11 USD | +195.11 USD | +23.23% | 7,392.62 TRADE |
11/10/2021 | 0.13218 USD | -5.62% | +16.33% | 670.00 USD | 402.70 USD | -267.30 USD | -39.90% | 3,047.09 TRADE | 840.00 USD | 976.99 USD | +136.99 USD | +16.31% | 7,392.62 TRADE |
11/17/2021 | 0.1576 USD | +19.23% | +38.70% | 680.00 USD | 490.14 USD | -189.86 USD | -27.92% | 3,110.54 TRADE | 840.00 USD | 1,164.88 USD | +324.88 USD | +38.68% | 7,392.62 TRADE |
11/24/2021 | 0.14561 USD | -7.61% | +28.15% | 690.00 USD | 462.85 USD | -227.15 USD | -32.92% | 3,179.22 TRADE | 840.00 USD | 1,076.26 USD | +236.26 USD | +28.13% | 7,392.62 TRADE |
12/01/2021 | 0.14507 USD | -0.38% | +27.67% | 700.00 USD | 471.10 USD | -228.90 USD | -32.70% | 3,248.15 TRADE | 840.00 USD | 1,072.20 USD | +232.20 USD | +27.64% | 7,392.62 TRADE |
12/08/2021 | 0.13026 USD | -10.21% | +14.64% | 710.00 USD | 433.01 USD | -276.99 USD | -39.01% | 3,324.92 TRADE | 840.00 USD | 962.76 USD | +122.76 USD | +14.61% | 7,392.62 TRADE |
12/15/2021 | 0.11824 USD | -9.23% | +4.06% | 720.00 USD | 403.05 USD | -316.95 USD | -44.02% | 3,409.50 TRADE | 840.00 USD | 873.90 USD | +33.90 USD | +4.04% | 7,392.62 TRADE |
12/22/2021 | 0.11716 USD | -0.91% | +3.11% | 730.00 USD | 409.39 USD | -320.61 USD | -43.92% | 3,494.85 TRADE | 840.00 USD | 865.98 USD | +25.98 USD | +3.09% | 7,392.62 TRADE |
12/29/2021 | 0.11492 USD | -1.91% | +1.14% | 740.00 USD | 411.56 USD | -328.44 USD | -44.38% | 3,581.86 TRADE | 840.00 USD | 849.41 USD | +9.41 USD | +1.12% | 7,392.62 TRADE |
01/05/2022 | 0.10416 USD | -9.36% | -8.33% | 750.00 USD | 383.02 USD | -366.98 USD | -48.93% | 3,677.87 TRADE | 840.00 USD | 769.89 USD | -70.11 USD | -8.35% | 7,392.62 TRADE |
01/12/2022 | 0.08453 USD | -18.85% | -25.61% | 760.00 USD | 320.83 USD | -439.17 USD | -57.79% | 3,796.17 TRADE | 840.00 USD | 624.77 USD | -215.23 USD | -25.62% | 7,392.62 TRADE |
01/19/2022 | 0.09116 USD | +7.84% | -19.78% | 770.00 USD | 355.97 USD | -414.03 USD | -53.77% | 3,905.87 TRADE | 840.00 USD | 673.75 USD | -166.25 USD | -19.79% | 7,392.62 TRADE |
01/26/2022 | 0.06623 USD | -27.34% | -41.71% | 780.00 USD | 268.65 USD | -511.35 USD | -65.56% | 4,056.85 TRADE | 840.00 USD | 489.54 USD | -350.46 USD | -41.72% | 7,392.62 TRADE |
02/02/2022 | 0.07423 USD | +12.08% | -34.67% | 790.00 USD | 311.10 USD | -478.90 USD | -60.62% | 4,191.56 TRADE | 840.00 USD | 548.68 USD | -291.32 USD | -34.68% | 7,392.62 TRADE |
02/09/2022 | 0.07936 USD | +6.91% | -30.15% | 800.00 USD | 342.59 USD | -457.41 USD | -57.18% | 4,317.56 TRADE | 840.00 USD | 586.59 USD | -253.41 USD | -30.17% | 7,392.62 TRADE |
02/16/2022 | 0.07804 USD | -1.66% | -31.32% | 810.00 USD | 346.89 USD | -463.11 USD | -57.17% | 4,445.69 TRADE | 840.00 USD | 576.83 USD | -263.17 USD | -31.33% | 7,392.62 TRADE |
02/23/2022 | 0.06685 USD | -14.35% | -41.17% | 820.00 USD | 307.11 USD | -512.89 USD | -62.55% | 4,595.29 TRADE | 840.00 USD | 494.06 USD | -345.94 USD | -41.18% | 7,392.62 TRADE |
03/02/2022 | 0.07225 USD | +8.09% | -36.41% | 830.00 USD | 341.96 USD | -488.04 USD | -58.80% | 4,733.70 TRADE | 840.00 USD | 534.04 USD | -305.96 USD | -36.42% | 7,392.62 TRADE |
03/09/2022 | 0.06633 USD | -8.20% | -41.63% | 840.00 USD | 323.91 USD | -516.09 USD | -61.44% | 4,884.46 TRADE | 840.00 USD | 490.24 USD | -349.76 USD | -41.64% | 7,392.62 TRADE |
*Please note that values above utilizes data from CoinGecko and ExchangeRate-API.
How to use the TRADE DCA tool
How to use this Unitrade Investment Calculator
This Unitrade 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 Unitrade 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 Unitrade to determine how many TRADE 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 Unitrade prices rise, the investor will be able to purchase fewer Unitrade. When the price of Unitrade 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 Unitrade?
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.
Unitrade can be purchased on exchanges like OKEx.