Dollar Cost Averaging Neo for every kilometer!
This year I will be running the Marathon of Berlin on the 16th of September. As an experiment I will be using a variant on dollar cost averaging, at which I will invest 1 dollar for each kilometer that I run in preparation of the marathon in both NEO and GAS. This will therefore be both a blog of both my runs as well as an exercise to see what kind of investment performance can be achieved by dollar cost averaging NEO.
Today's run
Today was this weeks fast run. I am finally getting a feel for my training schedule again. This is now my 8th run and before this 8th runs the amount of runs I was doing really came to a low of around once a week. I did my fast run today around the block here in Saigon. The aim was to stay within a pace of 5'15'' /km which I luckily managed to do with a pace of around 5'10'' /km.
Today I managed to achieve my goal of having a negative split. Starting of slowly and increasing my speed along the way. The last kilometer was the fastest kilometer.
Neo price
Market conditions are not really improving especially for the altcoins. On the bright side of things I do get to buy myself some more NEO and GAS for the same amount of kilometers. As today I was running 8 kilometers I will but 8 usd worth of both NEO and GAS.
| Date | KM | Neo Price | Gas Price | Neo | Gas |
|---|---|---|---|---|---|
| 25 February 2018 | 17.01 | $115.87 | $35.38 | 0.15 | 0.48 |
| 26 February 2018 | 8.19 | $121.15 | $37.42 | 0.07 | 0.22 |
| 27 February 2018 | 10.23 | $144.03 | $44.67 | 0.07 | 0.23 |
| 28 February 2018 | 8.04 | $142.59 | $42.83 | 0.06 | 0.19 |
| 01 March 2018 | 5.01 | $126.57 | $39.90 | 0.04 | 0.13 |
| 04 March 2018 | 19.05 | $120.29 | $36.17 | 0.16 | 0.53 |
| 05 March 2018 | 5.04 | $118.89 | $35.12 | 0.04 | 0.14 |
| 07 March 2018 | 8.03 | $105.40 | $29.60 | 0.08 | 0.27 |
| Total | 80.60 | 0.66 | 2.18 |
My weighted average price is now $123.50 for NEO and $37.39 for GAS. So there is now a negative return of 14.66% and 20.82% percent respectively.
See you next run! Follow me, resteem and upvote, if you like these posts.