how it works
- total coins = the sum of each amount divided by its price.
- average buy price = total spent divided by total coins. it is also your break-even price, before costs.
- profit now = total coins x price now, minus total spent.
questions
what is dca in crypto?
dollar cost averaging: buying the same coin in several smaller buys over time instead of one large buy, so your entry is an average of several prices.
does averaging down lower my risk?
it lowers your average price, not your risk. you hold more of a coin that is falling. if it keeps falling, the loss is larger.
how do i find my break-even price?
it is your average buy price: total spent divided by total coins. the calculator shows it as soon as you enter two buys.