[TOOL] DCA Bitcoin Calculator

[examplens]

Hello @examplens

You mentioned a few weeks ago that I was missing a twitter card! Just made one! Thanks for your suggestion.

I gave you a little boost here.
It would be good if you had an "X" share button, with an already preconfigured X post and text description. For now, when I share, it's just an image + link

[snowpega]

Hello snowpega.

You just need to enter your username in the URL and follow the link
like this:

https://bitcoindata.science/altcoinstalk/notification?user=snowpega

There are no notification on telegram. You need to visit the URL everytime to see if someone quoted/mentioned you.

Other than this, I have one question about 5 days' data. Can't we check older data on this tool which is older than 5 days? And if the data gets older than 5 days, is it removed from the site database? Or does it also keep the older records?

I haven't create an option to get data older than 5 days. It is a good idea, I will consider it!

I don't store data, this is just a scrapper (it basically searches the forum and return the results in this page)

I had already tested this notification bot.
Isn't it kind of a slow thing? We can access our notifications through other bots quickly; then my question is, why would anyone use this one, right? My suggestion to you is to make a dedicated bot where users can be able to access their notifications faster, without opening the website again and again. You need to give a reason to your users to use your tool or project. You can create such a tool on Telegram or any other supported platform.

And in that tool, you can add a backlink feature in every user's notification to promote your own website faster. This is just my suggestion. Besides this, you know better what is best for your website.

Other than this, Thanks for considering adding more older data regarding user notifications in your tool.

[cocadalcan]

I would not deny that over any 4-year period, there are reasonably decent chances that investors into bitcoin are going to be profitable in their buying bitcoin and also in there choosing to DCA into bitcoin, and surely we know that the longer the DCA period then the better that the results end up being.

In your particular example, a guy would have had to have invested in the ballpark of $10,300 per week into bitcoin in order to invest $2.2 million over 4 years, so there are not very many folks who would be able to pull off those kinds of numbers over that short of a period of time, especially from their regular income. 

Of course. 4 year period of Bitcoin accumulation may not yield the expected results, but the figure shown in the DCA calculator from 2022 is realistic and shows a sustainable position of earning about 107% profit. If we can increase the period by another 6 years, it may be possible to be in a more favorable investment position. The longer the DCA period, the stronger the sustainable investment position will be.

It is very impressive for any investor to have about $4.59 million with profit from a capital of $2.2 million in 4 years, but reaching that level is not easy and will not be possible for many investors. Anyway I think that if an investor is able to accumulate $50 Bitcoin per week and continue for 4 years, he could get almost double the result from the capital of 1.1 million and if he can do it for 10 years, he will be able to reach a great investment position. He just has to do DCA regularly with patience.

[bitmover]

I had already tested this notification bot.
Isn't it kind of a slow thing? We can access our notifications through other bots quickly; then my question is, why would anyone use this one, right? My suggestion to you is to make a dedicated bot where users can be able to access their notifications faster, without opening the website again and again. You need to give a reason to your users to use your tool or project. You can create such a tool on Telegram or any other supported platform.

People who care about privacy will use it, as you don't need to share your phone number with telegram to use it  

Not a lot of people use it, but there a few users who do. I made for myself, and shared to everyone to use it if they wish. If I am the only user, no problem for me. Just like most of the tools there, I made for myself.

We can continue to discuss this bot in this thread, as this thread is for DCA:
https://bitcointalk.org/index.php?topic=5445282.new#new

The tools are quite good and have enough features, but I think the DCA calculator could be more useful if the average price and ROI options were added to the chart's hover toolup.

Now, if you hover over a specific area on the chart, you will see the Total Investment, Portfolio Value and Bitcoin Accumulated. If you can see the Average Average Price and ROI up to that date, it will be easier to understand how the investment performance has changed over the entire DCA period. And there is no need to add a separate large section. The existing chart already has the tooltip functionality, just add two new options. This is just my personal suggestion, if you find it useful, you can do it. Anyway, it is a great tool to understand the DCA process and encourage investors.

That is an interesting suggestion I will take a look.

Done!!

Clear cache if you can't see it.

[Z_MBFM]

The tools are quite good and have enough features, but I think the DCA calculator could be more useful if the average price and ROI options were added to the chart's hover toolup.

Now, if you hover over a specific area on the chart, you will see the Total Investment, Portfolio Value and Bitcoin Accumulated. If you can see the Average Average Price and ROI up to that date, it will be easier to understand how the investment performance has changed over the entire DCA period. And there is no need to add a separate large section. The existing chart already has the tooltip functionality, just add two new options. This is just my personal suggestion, if you find it useful, you can do it. Anyway, it is a great tool to understand the DCA process and encourage investors.

That is an interesting suggestion I will take a look.

Done!!

Clear cache if you can't see it.

Yes, it's working now and the tools are fully perfect i think.

I have never been able to calculate DCA perfectly in the past, especially since 2010. Today I did a calculation and was really surprised that if I had invested $100 per month in Bitcoin since 2010, I would have owned 28,373 Bitcoins by now. And another interesting thing is that my average purchase price would have been only 2.98, which is really crazy and this is the true proof of the power of Holding.

[JayJuanGee]

This new addition to the Bitcoin community is great because through this addition, an investor will not only be able to see the portion of his investment after investment, but he will also be able to see the profit, total BTC and total value of the portfolio all in one calculator. And through this calculator, an investor will be able to understand how the DCA strategy is actually giving him results. However, since the results are based on historical data, investors must remember that it does not guarantee future results.

I must also welcome and thank JayJuanGee for creating such a tool for the Bitcoin community and also for sharing such a great idea about DCA.

Bitmover made the BTC DCA tool that we have linked in this thread.