[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.

[JayJuanGee]

One of the risks of keeping and promoting open source software is "competition," yet I am not sure if TedMosby used and/or edited the already open source release or if there was some other way that the "vibe coding" was accomplished.

Hi guys, I know we already have a nice DCA Bitcoin Calculator created by @bitmover here https://bitcointalk.org/index.php?topic=5594323. I've tried that tool several times and it's really helpful for me to simulate DCA strategies.

I was inspired by that tool and decided to vibe code mine. I added the lump sum strategy so I can compare both strategies. No thread about it yet, it's just my personal project (for fun).
If you want to try it too, you can try it here:
https://btcdcastrat.vercel.app

Website Screenshot:

When you download the result:

[bitmover]

One of the risks of keeping and promoting open source software is "competition," yet I am not sure if TedMosby used and/or edited the already open source release or if there was some other way that the "vibe coding" was accomplished.

There isnt anything really new in my dca tool. I see no problem copying or getting inspiration,  as long as mentioning the source. As he did.
There are also many other dca around...

Nowadays with vibe coding we need to offer more than just simple tools, as anyone can create an app in a few hours

[Justbillywitt]

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.

If you read what op posted carefully, you will know that it wasn’t JayjuanGee that developed the tool. Op only credited JayjuanGee for inspiring him to create the calculator. Even JayjuanGee in one of his post suggested to op to name the calculator in his name (Bitmover)

[TedMosby]

One of the risks of keeping and promoting open source software is "competition," yet I am not sure if TedMosby used and/or edited the already open source release or if there was some other way that the "vibe coding" was accomplished.

There isnt anything really new in my dca tool. I see no problem copying or getting inspiration,  as long as mentioning the source. As he did.
There are also many other dca around...

Nowadays with vibe coding we need to offer more than just simple tools, as anyone can create an app in a few hours

I didn't create a branch, edit, or use @bitmover's code. I might upload the source code to GitHub or create a thread about this tool, but I am just too lazy. I see this as just a personal project for fun, to help the community here who always says DCA this, DCA that. So I made it easier to compare DCA and lump sum strategies over a certain period of time. I was about to add an additional comparison with gold because I think it's necessary, but somehow I think it's too much

As you can see, this is where it all began, from my reply to this topic. That's why I say I got inspired by @bitmover.

Cool tool for those people who use the DCA strategy. I love the sharing feature because it's necessary, especially on this forum when topics related to DCA this, DCA that appear. So people can share proof to strengthen their posts easily. However, I don't see any comparison related to the lump sum strategy. Is it available on that site? If not, I think it's necessary to be added, so they can compare whether it was really a good idea or a bad idea to do DCA during a certain period of time.

Also, on the purchase frequency, if there's a custom cycle, like we can add based on hours or days, it would be cool. When people choose the custom option, then they can type like "2 hours", "90 days", or else. Because I watch some videos on social media that mention their hourly based DCA. But that would be impossible to do if the API you're using only provides daily data.

I hope it doesn't become a subject of competition. Because the idea is not to compete, it's to help. I also don't get anything from this tool, except to fulfill my personal needs.

[Taskford]

One of the risks of keeping and promoting open source software is "competition," yet I am not sure if TedMosby used and/or edited the already open source release or if there was some other way that the "vibe coding" was accomplished.

There isnt anything really new in my dca tool. I see no problem copying or getting inspiration,  as long as mentioning the source. As he did.
There are also many other dca around...

Nowadays with vibe coding we need to offer more than just simple tools, as anyone can create an app in a few hours

At the end of the day people know which tool they are going to use, even if there are many copied or other similar thing released out there.

But since you talk about the app, why not create that one? who knows maybe you will get more recognition and benefits on the the tool you created.

Also I tried to search for DCA app on Play store and App Store, then see so many app available. But I think its truly different if you know the source, since people here could verify if the app is legit and safe.

[Perfectbaby]

One of the risks of keeping and promoting open source software is "competition," yet I am not sure if TedMosby used and/or edited the already open source release or if there was some other way that the "vibe coding" was accomplished.

There isnt anything really new in my dca tool. I see no problem copying or getting inspiration,  as long as mentioning the source. As he did.
There are also many other dca around...

Nowadays with vibe coding we need to offer more than just simple tools, as anyone can create an app in a few hours

I didn't create a branch, edit, or use @bitmover's code. I might upload the source code to GitHub or create a thread about this tool, but I am just too lazy. I see this as just a personal project for fun, to help the community here who always says DCA this, DCA that. So I made it easier to compare DCA and lump sum strategies over a certain period of time. I was about to add an additional comparison with gold because I think it's necessary, but somehow I think it's too much

As you can see, this is where it all began, from my reply to this topic. That's why I say I got inspired by @bitmover.

Cool tool for those people who use the DCA strategy. I love the sharing feature because it's necessary, especially on this forum when topics related to DCA this, DCA that appear. So people can share proof to strengthen their posts easily. However, I don't see any comparison related to the lump sum strategy. Is it available on that site? If not, I think it's necessary to be added, so they can compare whether it was really a good idea or a bad idea to do DCA during a certain period of time.

Also, on the purchase frequency, if there's a custom cycle, like we can add based on hours or days, it would be cool. When people choose the custom option, then they can type like "2 hours", "90 days", or else. Because I watch some videos on social media that mention their hourly based DCA. But that would be impossible to do if the API you're using only provides daily data.

I hope it doesn't become a subject of competition. Because the idea is not to compete, it's to help. I also don't get anything from this tool, except to fulfill my personal needs.

In as much as you are doing this to help the community I do not see it as competition, and even bitmover already it that it wasn’t so and he was also inspired by JJG, same thing you also got inspired by bitmover so there is no room for any competition rather, it is serving as a help to community.

Again, the Gold aspect you want to add, don’t you think it would likely complicate things for the community since majority interest are being focused on bitcoin DCA?
Besides there are less interest on people talking about Gold instead bitcoin are more widely discussed over here. But if you think of adding the Gold option then it’s left for you, maybe those who do have interest about gold may likely explore the tools as well.


Anyway, thank you bitmover for the calculator you build.

[Jaweria parveen]

Also I tried to search for DCA app on Play store and App Store, then see so many app available. But I think its truly different if you know the source, since people here could verify if the app is legit and safe.

I have also seen it, I saw it on my android mobile, in which I have found an app called DCA training coach, as its name suggests, it will work, which can make people very good. I think we will be able to do DCA only when we have money, because before that we can calculate that we are going to do DCA. If we use such a tool to do everything, then we will have to keep money, which will affect our income and stress. In addition, if DCA is a tool that works like a calendar, then it will ask us to put some money in DCA every day. In addition, such apps are better for new people, if they do not have any confidence, they can learn from such an app.