🔥 Dollar Cost Averaging with Bitcoin - Episode #14 - UP to 54%!
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.
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.
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:
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! 😊
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Nice, keep buying each week, at some point, you will buy the dip.
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Thank you!
I agree, in fact, the point of doing this strategy is to average a good entry price.
It's hard to buy the dip but with this strategy you will 100% buy the dip at some point!
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https://twitter.com/ResilienciaHODL/status/1367574417992253445
Is the graph in the picture your actual buys or just an image to represent DCA? It would be interesting to see a graph if it isn't.
You seem to be doing really well considering you have bought at some of the highest price points. 😊
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Good luck with the strategy I think it's a great way to buy crypto this way for sure. Hopefully in time there will be a nice profit 😉🤞💰💵
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