What if you dollar-cost-averaged $220/month into Bitcoin for 5 years?
This shows the actual historical result of dollar-cost averaging a fixed amount each month into Bitcoin (BTC) over 5 years starting in 2019.
Investment conditions
Asset · Bitcoin (BTC) · recurring monthly purchases · 5 years
Method · Recurring monthly investment
Period · 2019-07-01 ~ 2024-07-01
Amount · $222 / month
As of · 2024-07-01
Key metrics
These results do not reflect taxes. Based on historical data.
Risk & recovery
As important as returns. This service does not hide maximum drawdown or loss periods.
Maximum drawdown (MDD)
-72.1%
Largest drop from peak
Longest loss period
6months
Months in loss: 8
Recovery period
13months
Growth over time
Invested principal (dashed) and portfolio value (solid). Values below match the calculation.
Total invested $13,556 → Final value $44,401 (+227.6%), Maximum drawdown (MDD) -72.1%
Why this period and asset
The five years from 2019 are among the most dramatic in Bitcoin's history. The 2020 COVID crash, the 2021 all-time-high rally, and the 2022 collapse — the Terra/Luna implosion and FTX bankruptcy driving a decline of over 70% from the peak — all fall inside this window. It shows what path mechanical, fixed-amount monthly buying (DCA) traveled in an extremely volatile asset.
Interpreting the result
Dollar-cost averaging (DCA) buys more units precisely when prices crash, lowering the average cost. As a result, the XIRR for this period comes out higher than any other asset here. But the maximum drawdown is also incomparably deeper. Always read the maximum drawdown and loss periods sitting right next to that high return. If you couldn't endure that drawdown, the result would be entirely different.
Caveats & limits
Figures use adjusted close and exclude exchange rates, trading fees, and taxes. Bitcoin is an extreme-volatility asset, with periods where the maximum drawdown exceeded 70%. This is only the result of one past five years and guarantees nothing about the future; shifting the start date often lands in a loss period.
Data sources & limits
- Price data source: Yahoo Finance / FinanceDataReader
- Collected on: 2026-07-23
- Effective trading date: 2024-07-01
- Price basis: 复权收盘价(已反映股息与拆股)
- Trading fees and taxes are not reflected — figures are pre-tax.
- Based on historical data; does not guarantee future returns.
Frequently asked questions
What is DCA (dollar-cost averaging)?
Buying the same amount each month regardless of price. During crashes you buy more units, so your average cost is spread out.
Why is the maximum drawdown so deep here?
In 2022 the Terra/Luna collapse and FTX bankruptcy drove Bitcoin down more than 70% from its peak. This service does not hide that drawdown.
Is five years of data enough?
Reliable daily Bitcoin data begins in late 2014, so we chose a five-year window that computes stably. Keep in mind the limitation of its shorter history.
Does this result recommend investing in Bitcoin?
No. It only shows the path of dollar-cost averaging using historical data and recommends no investment. You must recognize it is an extreme-volatility asset.
Related scenarios
📋 结果基于历史数据计算,过去的收益不代表未来的收益。
📋 本服务旨在帮助理解投资、供教育之用,并非投资建议。