Vol. I · No. 1

The Stack Report

A periodical for the patient buyer of bitcoin.

§ Preset · Buying when nobody was

DCA from the FTX bottom

On 21 November 2022, bitcoin closed near $15,500 — the price level we now call the FTX low. The exchange had collapsed two weeks earlier, retail was leaving, and the press had moved on. This run buys $100 a week from that morning to today. It is the inverse of the cycle-top preset above: the same strategy, started at almost the opposite point. Reading the two side by side is a more honest version of the timing question than any single backtest can give you.

$100 weekly · from 2022-11-21 to 2026-05-29

The Stack Report

What if you'd actually
stacked sats?

A historical dollar-cost-average backtester for Bitcoin. Pick an amount, a cadence, a starting date. The numbers don't lie.


Portfolio value, today

$28,727

$10,327 (+56.1%)vs. $18,400 invested

Fig. 01 — Value vs. Cost Basis

ValueInvested

Total invested

$18,400

Buys executed

184

BTC accumulated

₿ 0.388786

Avg. cost basis

$47,327/BTC

Your worst day on paper

44.8%

$43,483 $23,992

The story

On 23 Feb 2026, you were down 45% on paper. It hasn't fully come back.

If you'd lump-summed at the start

$86,265

+$67,865

Verdict

Lump sum won — but you also had to time it perfectly.

Keep this run

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