What $ 1 investment in BTC can do to your portfolio ?

What this could do to your portfolio ?
This would amount to over 310 weeks of $ 1 invested and this comes to $310 in terms of fiat dollars.

Now what this does to the value of crypto ?

Starting with your first purchase which was at a price of $ 909 per btc and made a purchase every week.
This would mean you make purchases every week without bothering about the up or down trend of the markets.

This would lower the cost of purchase over time and as a result the $ 310 investment would be equal to $ 859.7 or up by $ 549.7
In percentage terms this would be up by 177.32 %

Let us say you wake one day and realize that it is not 2022 but Ist Jan 2017.
Going back in time you carry the knowledge of crypto and decide to put $ 1 into btc every week.

This is the DCA or the dollar cost averaging strategy

Here since you are making incremental purchases and if you are patient and do this long enough you could be in the money.

Do not let emotions come in

However for this to work you have to be persistent with your investment.

Is this scalable ?

Sure if instead of $ 1 you make it $10, $100 or $1000 the resulting amount would be accordingly multiplied.

Why it fails for some people ?

It would fail for people because most people fail to maintain the routine. They start and miss to follow up the purchases or think of it as a short term strategy.

If you started your DCA when BTC was at $68000 and continued it till now you would be in negative territory and new investors make get scared and give up watching so much red in their portfolio.

DCA with power up is a potent mix

What if you power up hive and with the curation rewards earned you fund your DCA strategy.
This seems doable would require persistence .

One would delegate to a voting account and the liquid returns would be used for running the DCA strategy.

What are your thoughts about this twist to the DCA investment strategy ?

Please share in comments below.