Results of 2022 DCA since June 13th

I hope this ends up being helpful to someone. Food for thought.

Decided to check out my purchases over the last 4-5 months and see how everything is performing in relation to each other. I have been buying altcoins, but BTC purchases make up about 45% of all purchases since the crash. Because of the bounce in August it means that I am down 9% overall even though most purchases have been in a tight range for most coins.

My BTC purchases are down 4% right now. This seems to be mainly because there were so many bounces in June and July that the average cost basis is around $20,500, and then the purchases in August brought it up more.

From my altcoins ETH, MATIC, FTM, UNI, AAVE, and SOL are all outperforming BTC. MATIC and ETH are way outperforming everything else. I did not buy any ETH in the weeks before the merge, which ended up being a good call. EGLD and LINK are down just a little more than BTC, but EGLD would be up if I hadn't bought the bulk of my holdings in August, so this could be a little unfair to EGLD. VET, ADA, and KDA are down considerably from BTC.

If I had only been DCAing into BTC I would probably be down around 5-6%, which would be only a little less down than I am now. The possible ROI on the altcoins way exceeds BTC though, for the next bullrun, so I would say it has a much higher potential to pay off than if I had put everything into BTC. Time will tell on this because of course some of these alts may not be doing so good in 2 years.

Since I totaled all the amounts I am sitting on 30% cash still before I only have income to invest. So even though I feel fairly secure in taking this strategy realize I'm not rushing into buying everything and will probably take better advantage of dips from here on out. And the buys I've made are fairly sporadic, with me mainly just limiting how much cash I can invest each week. This has led to some top buys, but also some low buys.

I will say fees absorb about 1.5% of my purchasing power, but crypto I got locked up in interest accounts and staking bring me over 2% monthly of my portfolio value, so this has evened out. Crypto Winter is pretty painful, but it is nice to see that my investment principle is about equal with the current value. Honestly hoping for another 6 months of crabbing.