Right now we have the power of BUY LOW / SELL HIGH in Action.
The goal of my BTC buy programme is to basically add a minimum 150 CHF of value every month to my "stack"
Up till now I have been faithfully adding those 150 CHF to buy BTC every month and was basically averaging in/down.
But the recent run up on BTC has made is so that this month I have to add less CHF value to my stack
Screenshot 2020-02-01 14.18.14
To get to my value of 1050 CHF in Bitcoin I only have to add 106.95 this month.
I will still spend the rest of my monthly budget but will buy USDC and add it to my Nexo account where it can gather more interest and be ready for when I need it later. I mean, I will not have the volatility of Crypto but will still earn 8% per year which is a whooooolllleeee lot more then what the bank is paying me in Switzerland.
Screenshot 2020-02-01 14.19.45
If anyone wants the file I am using for the calculations let me know and I will gladly share it with anyone who would like to try it out.
If you want to check out NEXO for either loans with crypto collateral or just making that sweet interest follow the link below. (I think its a referral link so I might be getting something when you sign up, not sure though)
- Are you stacking sats?
- Buying BTC to Hodl or are you more of a trader?
I hope this is the start of a new bull run but even if it is not it will allow me time to add more at decent prices instead of having to FOMO up with the price.
This buy low/sell high technique allows me to stay calm with my purchases and just buy (or sell) the amount the spreadsheet tells me to instead of following the market like a hawk and making emotional decisions (that lead to me losing money)
These are the last 2 monthly reports
here is the post that explains how it all works
Posted via Steemleo