🔥 Dollar Cost Averaging with Bitcoin - Episode #7 - UP to +54%!

in HODL2 months ago

Hello!

Here I am again sharing with you the results of the 7th 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 $38,300.

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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The progress so far

I have been buying 200€ (euros not dollars) for six 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 1,5% that is starting to accumulate, I should take a decision about that soon.


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

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

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I am more than 50%% UP! 🚀And I have been buying at ATH every sunday, hours after my buy orders Bitcoin suffered a dip. Today it happened again as I bought at approximately $40,000 plus the fees. But in the long run this strategy will give me good results, I am sure!
These days I've seen the ROI at +75%, it is just a matter of time that I double my money.

Keep stacking! 😊


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@resiliencia, Good to see your Consistent Approach. Wishing you profitable and blessed journey ahead.

Thank you @chireerocks!

Welcome.