2018-01-14 Dollar Cost Average Log

13:38 UTC Purchased .077 ETH @ $1,305.02 per ETH. Total cost: $100.49

ETH Accumulated: .316
Accumulated Cost: $425.76
Total Market Value: $412.39
Unrecognized Gain/Loss: $13.37 Loss

15:35 UTC Purchased .078 ETH @ $1,285.00 per ETH. Total cost: $100.27

ETH Accumulated: .394
Accumulated Cost: $526.03
Total Market Value: $506.49
Unrecognized Gain/Loss: $19.54 Loss

 

 

What is Fiat?

Fiat = Traditional, government issued money. Examples include the US Dollar, British Pound, and Indian Rupee. Fiat money has no intrinsic value of it’s own; rather it’s ‘value’ is derived from the public’s perception of the issuing government’s political and economic stability.

Converting fiat currency to cryptocurrency (or crypto to fiat) can be challenging. Laws vary significantly between legal jurisdictions and often change as the crypto-economy develops. One option is to use the services of an Exchange such as Coinbase.

2018-01-13 Dollar Cost Average Log

1:45 UTC – Purchased .078 ETH @ $1,287.45 per ETH. Total cost: $100.4211

ETH Accumulated: .098
Accumulated Cost: $125.7221
Total Market Value: $126.1701
Unrecognized Gain/Loss: $0.448

18:40 UTC – Purchased .07 ETH @ $1,417.54 per ETH. Total cost: $99.2278

ETH Accumulated: .168
Accumulated Cost: $224.9499
Total Market Value: $238.14672
Unrecognized Gain/Loss: $13.19682

18:41 UTC – Purchased .071 ETH @ $1,412.97 per ETH. Total cost: $100.32087

ETH Accumulated: .239
Accumulated Cost: $325.27077
Total Market Value: $337.69983
Unrecognized Gain/Loss: 12.42906