DCA sounds simple. Living through the drawdowns isnt.
NoFomoBTCs DCA History Explorer shows what regular Bitcoin buying would actually have looked like over time, including the rough periods in between.
Past data, real drawdowns, no future promises.
What a great timing! A moment ago, I was talking about DCA in my local section saying that I could never DCA properly. Every time I DCA, it's like saving everything for 2-3 weeks and then spending. So can you add a portfolio manager along with a DCA manager (all data stored locally in browser), that calculates everything automatically?
Like for example, I have been buying $100 every week (for 3 weeks), but for the 4th week I had to sell a small portion, say $50. Then from 5th and so one, I kept buying. I tried as much as I could to DCA, but these small selling still happened from time to time. You understand the situation right? Life happens, we don't have control over that. Now with these factors in mind, the tool will give me an overview of my overall DCA progress.
Btw, you'll be happy to know, you topic has been accepted for translation. You can expect 10+ translations in the coming days!
Thank you DYING_S0UL, I really appreciate your efforts.
About the DCA manager: I love the idea and I think I can work on it. But I'd like it if you go through the process with me. I'll share the complete idea with you first, then you can look it over and help improve it before anything gets built. Once the final product comes back from my developer, you can do a final check on it.
You've described the real version of DCA that most tools ignore, the buying, the small selling when life happens, the gaps. That's exactly the part worth getting right, and you understand it better than I do since you've lived it.
One thing I'd want your opinion on early: I'd rather it show your average cost and your actual buying pattern than a big profit/loss number. Something like "you bought more when price was falling" vs "when it was rising." Tell me if you think that's useful or if you'd rather just see the P&L.
Everything stored locally in the browser, no accounts, same as the rest of the site.
