fun to play with, this is a great tool to show newbies what ...if . question: when I change only the recurring amount, why is the average BTC price changing, shouldn't this stay the same?
It's still a work in progress but here's the 'Save in Bitcoin' simulation (DCA) for those interested. There are still few things to tweak and add, like a legend to the charts and maybe a list of all swaps made
Link: https://kibo.money/simulation-save-in-bitcoin
#Bitcoin is hope 🕊️
Discussion
I tried to make it super clear but it's not that easy but think of it as two balances, dollars and bitcoin
Here's how it works:
With the default settings, you start with $1000 and top up $150 every month and then you use the $1000 to buy bitcoin the first day and then you swap $5 every day, so basically every month you have a dollar balance of $150 that slowly goes down
Now if you change to swap amount from $5 to $10 you'll use your monthly $150 in 15 days instead of 30, which will change your average buy price, of course after setting it higher than 150 it won't change anymore
Hope it's clearer now