🔥 Dollar Cost Averaging with Bitcoin - Episode #10 - UP to 60%!

🔥 Dollar Cost Averaging with Bitcoin - Episode #10 - UP to 60%!

By resiliencia | resiliencia | 10 Feb 2021


Hello!

Here I am again sharing with you the results of the 11th 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 $44,500.

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 11 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. 7th week in the green! +60% 💹

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

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I am more than 59%% 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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resiliencia
resiliencia

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resiliencia
resiliencia

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