🔥 Dollar Cost Averaging with Bitcoin - Episode #5 - UP to +22%!

🔥 Dollar Cost Averaging with Bitcoin - Episode #5 - UP to +22%!

By resiliencia | resiliencia | 27 Dec 2020


Hello!

I am sharing with you the results of the 5th 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 starts. We're almost at 30,000

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 five 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 still have to figure out the cheapest way to buy Bitcoin. I am paying a 1,5% that is starting to accumulate, I should take a decision about that soon.

 

The results. Second week in the green! +22% 💹

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

image.png

I am more than 22%% UP! 🚀And I have been buying at ATH every sunday, hours after my buy orders Bitcoin suffered a dip. But in the long run this strategy will give me good results, I am sure!

Keep stacking! 😊

 

image.png

BwutU08E-icons8-twitter-48.png Follow me on Twitter
wB5VTzHH-image.png Follow me on Hive
image.png Follow me on Publish0x

How do you rate this article?

8


resiliencia
resiliencia

Self-improvement Addict 🐌


resiliencia
resiliencia

This is about my life. Random thoughts and Self-Improvement goals! Enjoy! 😊

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.