🔥 Dollar Cost Averaging with Bitcoin - Episode #12 - UP to 68%!

in hive-175254 •  4 years ago 

Hello!

Here I am again sharing with you the results of the 12th straight week buying Bitcoin. I am Dollar Cost Averaging and accumulating sats, hopefully I will be able to accumulate a good amount before the massive bull run ends. We're currently at $48,800.

The Plan

The plan is to make 100$-200$ purchases every weekend and keep stacking sats for the long term. This sats are not going to be spent, I am making a full commit on this.

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Source

The progress so far

I have been buying 200€ (euros not dollars) for 12 consecutive weeks. Eventhough now it is not the best time to be buying Bitcoin (we are trading at ATH) I still believe this strategy is the best approach if you want to HODL Bitcoin long term.

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My goal is to not skip a single week, and keep buying through all the spikes and dips. The original plan was to start 1st of January but I finally decided that the best time to start was right now! I finally started buying by the end of November.

I still have to figure out the cheapest way to buy Bitcoin. I am paying a big fee that is starting to accumulate, I should take a decision about that soon.


The results. 8th week in the green! +68% 💹

I am keeping an Excel sheet with all the details.
Here the actual results:

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I am more than 68% UP! 🚀And I have been buying at ATH every sunday, it's common that Bitcoin dips after I buy, it's funny.

I am really happy about this trading experiment even if Bitcoin dips for a while I will still be in the green. The next goal is to reach 100% ROI.

In the long run this strategy will give me good results, I am sure!

Keep stacking! 😊


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Hello, good afternoon. The world of cryptocurrencies is the future and the financial freedom of the human being, is to get rid of the ties of banks. This currency the BTC currently some institutions are already using it as a backing currency, breaking with the traditional currency, the dollar. The best investment that can be made in these times is to buy BTC, even if they are fractions of it, many experts on the subject have been saying it for some time, too bad that many people did not listen to the advice. I congratulate you for your initiative to invest in BTC and be sure that you will always come out as a winner.

Slosly stacking sats!