🔥 Dollar Cost Averaging with Bitcoin - Episode #14 - UP to 54%!

in hive-175254 •  4 years ago 

Hello!

Here I am again sharing with you the results of the 14th 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 $47,800. We are experimenting a small DIP, this are really usual during Bull Markets, so don't panic, things will look fantastic in the long run.

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.

image.png
Source

The progress so far

I have been buying 200€ (euros not dollars) for 14 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.

image.png

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.

In the last purchases I skipped the fee as it was difficult to calculate, I changed the way I am doing my weekly purchases.


The results. 10th week in the green! +54% 💹

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

image.png

I am more than 54% UP! This DIP crushed the ROI so hard, last week I was at +91%, but I'll be back to this numbers really soon 🚀.
I have been buying at ATH every sunday, it's common that Bitcoin dips after I buy, it's funny how it happened in the vast majority of my purchases.

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! 😊


image.png

Follow me on Twitter
image.png Follow me on Publish0x

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Keep going investing. :)

Yes! Thanks!