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Tools / DCA Backtests

Bitcoin vs Gold DCA Backtester

Compare a fixed annual dollar-cost-averaging contribution into Bitcoin against the same contribution into Gold over any historical window. Adjust the window to see how the choice of start and end years affects the outcome. Past performance does not predict future results; the calculator is illustrative.

Start year2014
Beginning of DCA window
20142026
End year2026
End of DCA window
20142026
Annual contribution$6,000
Dollars invested each year-end
Window: 2014–2026·Total contributed: $78,000
Result over 2014–2026

Bitcoin ended ahead by $4,574,864

A DCA of $6,000 per year into Bitcoin from 2014 through 2026 ended worth more than the same DCA into Gold, based on approximate year-end prices.

Bitcoin

Total contributed
$78,000
Ending value
$4,715,095
Total return
+5,945%
CAGR
37.1%
Max drawdown
-72.5%

Gold

Total contributed
$78,000
Ending value
$140,230
Total return
+79.8%
CAGR
4.6%
Max drawdown
-0%
Show year-by-year trajectory
YearBTC priceBTC valueGold priceGold value
2014$320$6,000$1,200$6,000
2015$430$14,062$1,060$11,300
2016$960$37,395$1,150$18,259
2017$14,000$551,349$1,300$26,641
2018$3,700$151,714$1,280$32,231
2019$7,200$301,227$1,520$44,275
2020$28,800$1,210,906$1,900$61,343
2021$46,000$1,940,086$1,830$65,083
2022$16,500$701,900$1,820$70,728
2023$42,000$1,792,656$2,060$86,054
2024$93,000$3,975,452$2,620$115,448
2025$95,000$4,066,945$2,700$124,973
2026$110,000$4,715,095$2,900$140,230

Backtests are based on approximate year-end prices. The simulation assumes contributions are made at the year-end price of the chosen asset; intra-year timing is not modeled.

Past performance is not indicative of future results. Bitcoin historically has had higher returns and higher drawdowns than gold and equities; that history may not repeat. The calculator is provided for illustrative purposes and is not investment advice.

DCA backtests are sensitive to the chosen start and end years. Try several different windows to see how the result varies, particularly windows that begin or end near significant Bitcoin price peaks or troughs.

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