Dollar Cost Averaging Neo for every kilometer!
In 198 days I will be running the Marathon of Berlin on the 19th of September. Today I have started my official preparations. 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.
Run for Steem
Below this weeks runs, today's run is the run in the left most picture and from this week onward I am going to join the run for steem challenge every Wednesday.
Today was a run around the Thao Dien district 2 block. Pace was 5'09'' /km as Wednesday should be a fast run, some improvement is still needed over the course of the coming weeks.
Below this run's splits. The aim is to have a negative split in which the last half of the run should be faster than the first half. This run is not to bad in that sense, but some improvement is still needed.
Today's NEO & GAS investment
Seems that the NEO price has stabilized somewhat. The recent A-Tier Weiss rating for Neo might have had some effect on the recent price surge. Today NEO is trading at $142.59, while GAS is trading at $42.83. Today I will purchase 8 usd worth of NEO and 8 usd worth of GAS. My weighted average price is now $128.43 for NEO and $39.33 for GAS. So the return of 11 and 9 percent respectively.
| 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 |
| **Total ** | 43.47 | 0.34 | 1.12 |
Weekly Run for Steem Challenge by @jumowa
Previous post:
Running for Neo #1 (Saigon Vietnam 17 KM/USD)
Running for Neo #2 (Total 25 KM, 200 days until the Marathon of Berlin)
Running for Neo #3 (Total 35 KM, 199 days until the Marathon of Berlin)