· The missing half of the DCA method

DCA Out Calculator — plan the exit like you planned the entry

You dollar-cost averaged in on a schedule. Selling deserves the same discipline: a price ladder or a calendar, decided while you're calm — not a 3am decision at the top. Build the plan, stress-test it against real history, share it.

· Interactive · Exit plan builder
prices as of 2026-07-06 — editable
Templates
Scenario — price peaks at$187.8k×3.00 · +200%
Cash banked
$48.5k
4/4 rungs filled
Still riding
0.1000 BTC
worth $18.8k at peak
Banked + riding
$67.3k
at scenario peak
Sell at ×
Sell %
Target
$78.2k
Proceeds
$7,824
Sell at ×
Sell %
Target
$93.9k
Proceeds
$9,389
Sell at ×
Sell %
Target
$125.2k
Proceeds
$12.5k
Sell at ×
Sell %
Target
$187.8k
Proceeds
$18.8k
80% laddered · 20% moon bag (never sold)
If every rung fills
$48.5k
total cash banked
Average exit price
$121.3k
vs $62.6k today
Moon bag
0.1000 BTC
20% never sold
Before fees & taxes. A plan, not advice.

Why not just sell the top?

Because nobody sells the top — someone else's sell is the top. Here's the honest math from the 2021 Bitcoin cycle: drag the slider to the week you think you would have sold, and compare yourself to a 12-tranche ladder that anyone could have planned a year in advance.

· Interactive · The top-timing lottery
real BTC weekly closes · top 2021-11-08
Your single exit · 8w late
69%
of the exact-top price
The boring ladder · 12 sells, planned in advance
67%
no crystal ball required
the top26w early26w late
When do you sell everything?8 weeks after

The planned ladder beat 31 of the 53 possible single-week exits around the 2021 top. Every green dot required knowing the top in advance; the dashed line required a calendar.

Exit strategies vs. real history

The same three exits — sell everything on day one, DCA out in monthly tranches, never sell — raced across the windows people argue about. Every price is a real weekly close from our methodology dataset.

· Interactive · Exit strategies vs. real history
weekly closes · 2020-10-012022-06-30

Bitcoin runs from ~$11k to $67k, double-tops, then loses 70%. The window where every exit strategy shows its true character.

Position at the start of the window$10.0k
total wealth (cash + remaining bag) · dashed vertical = the actual top
— DCA out┄ sell all day 1— never sell
🥇 DCA out (monthly)
$36.6k
+266% vs start
🥈 Never sell
$18.6k
+86% vs start
🥉 Sell all on day 1
$10.0k
+0% vs start
A perfect single exit at the exact top ($64.9k) would have banked $61.2k — the untouchable benchmark. The 24-tranche ladder captured 60% of it (avg exit $38.8k) with zero forecasting. Run every preset: the ladder never wins, never blows up — that's the point.

Three ways to ladder out

Time-based

Sell equal tranches on a calendar — every month for a year, price be damned.

Zero decisions, guaranteed executionSells into weakness tooDeadlines, de-risking, retiring a position
Price ladder

Sell fixed slices at pre-set targets — 20% at +50%, 20% at +100%, and so on.

Only ever sells into strengthA bear market fills nothingVolatile assets you'd regret dumping early
Hybrid

A calendar floor plus aspirational rungs above — the plan most people actually stick to.

Banks something in every scenarioMore rungs to manageLarger positions, longer horizons

Running the plan in practice

  1. Write the ladder down — targets, percentages, moon bag. Use the share button above; the URL is the plan.
  2. Place the orders while you're calm. Price ladders map directly to limit sell orders; time-based plans are a recurring calendar reminder (or an exchange auto-sell).
  3. Never edit at 3am. Changing a rung during a pump is the exact failure the plan exists to prevent. Review quarterly, on a boring Tuesday.
  4. Mind taxes. Every tranche is a taxable event in most jurisdictions — tranche sizes can be tuned to tax years. Talk to a professional.
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Holding tokenized stocks and don't want to sell at all? The new generation of platforms lets you hedge with the position itself as collateral instead — a different tool for the same de-risking job.

· How it's calculated

The average exit price

avg exit = Σ (priceᵢ × unitsᵢ) ÷ Σ unitsᵢ | ladder proceeds = Σ (target priceᵢ × holdings × sell%ᵢ)

DCA-out is the mirror image of DCA-in: instead of averaging your purchase cost across time, you average your exit price across tranches. The ladder's average exit is known the moment you write it down — only the fill count is uncertain.

· Assumptions
  • 01Every rung fills exactly at its target price (real limit orders can fill with slippage, or gap past thin books).
  • 02Backtests sell at weekly closes with no fees or spread; real-world costs shave a little off every tranche.
  • 03Time-based projections use straight-line price paths (−40% / flat / +60%) as brackets, not forecasts.
  • 04Current prices come from our historical dataset's latest close and are fully editable — the plan math is price-source-agnostic.
  • 05No taxes are modelled. In taxable accounts, each tranche realizes a gain or loss.
· Limitations
  • 01A price ladder only fills if price gets there: in a straight-down market, unfilled upper rungs mean the plan banks less than selling everything early (see the 2022-bear preset).
  • 02Time-based selling in a rising market is guaranteed to underperform holding to the end — the cost of certainty.
  • 03Backtest windows are cherry-picked famous cycles for the lesson value; your window won't look like any of them exactly.
  • 04The moon bag is permanent risk by design. Size it so zero is an acceptable outcome.
  • 05None of this handles position-specific factors: unlocks, delistings, illiquidity, or a thesis change — plans should be reviewed, calmly, on a schedule.
· Questions people ask

What is DCA out (dollar-cost averaging out)?

DCA out is selling a position gradually — fixed tranches at price targets or on a time schedule — instead of trying to sell everything at the perfect top. It's the exit-side mirror of dollar-cost averaging in: you trade the fantasy of the perfect exit for a good average exit you can actually execute.

Is DCA out better than selling everything at once?

It depends on the window — and that's the point. In our backtests, selling day one wins in bear markets, holding wins in relentless bull runs, and DCA-out is never first but never last. If you could reliably pick the regime you wouldn't need a strategy; DCA-out is how you cap regret in both directions.

Price ladder or time-based — which should I use?

Price ladders suit positions you'd only trim into strength (sell 20% at +50%, 20% at +100%…), and they map directly to limit orders. Time-based suits deadlines and de-risking — you want out over 12 months regardless of price. Many people hybrid: a calendar floor with a few aspirational rungs above.

What is a moon bag?

The slice of the position (often 10–25%) deliberately excluded from the exit plan and never sold. It caps the regret of watching an asset 10× after you exited, while the laddered majority has already de-risked you. Size it so it going to zero is annoying, not ruinous.

How do I actually execute a DCA-out plan on an exchange?

Price ladders: place good-til-cancelled limit sell orders at each rung the day you write the plan. Time-based: a recurring calendar reminder, or an exchange's auto-sell/recurring-sell feature where offered. The discipline is in placing orders before the emotion arrives.

Does DCA out work for stocks too?

Yes — the math is identical, and this calculator's ladder works for any asset (SPY and Gold are built in). Equities have historically trended up more persistently than crypto, so time-based exits cost more expected upside there; ladders into strength are the more common stock approach.

What about taxes when I DCA out?

Each tranche is its own taxable event in most jurisdictions, which cuts both ways: gradual selling can spread gains across tax years and holding periods (short- vs long-term rates in the US), or complicate a clean loss harvest. The calculator shows pre-tax proceeds; plan tranches with your tax year in mind and get professional advice.

· Related

Keep going

What-If time machine
What a past entry would be worth today.
Lump sum vs DCA
The entry-side version of this exact debate.
Cost basis tracker
Know your average entry before planning the exit.
Crypto DCA calculator
Backtest the accumulation side.