I am sharing with you the results of the 6th 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 currently at $33,450.
The plan is to make 100$-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 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.
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! +44%% 💹
I am keeping an Excel sheet with all the details.
Here the actual results:
I am more than 44%% 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 +$34,000 plus the fees (Btc effective price +$35,000). But in the long run this strategy will give me good results, I am sure!
Keep stacking! 😊