๐Ÿ”ฅ Dollar Cost Averaging with Bitcoin - Episode #8 - UP to +37%!

in HODL โ€ข 3 years ago

Hello!

Here I am again sharing with you the results of the 8th 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 $35,600.

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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Source

The progress so far

I have been buying 200โ‚ฌ (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. Forth week in the green! +37% ๐Ÿ’น

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

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I am more than 37%% UP! ๐Ÿš€And I have been buying at ATH every sunday, hours after my buy orders Bitcoin suffered a dip.

Last week I was more than 50% up, now I am just 37% because the price dipped. I am really happy about this trading experiment even if Bitcoin dips for a while I will still be in the green.

In the long run this strategy will give me good results, I am sure!

Keep stacking! ๐Ÿ˜Š


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3 years ago in HODL by
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    ย 3 years agoย ย 

    Thinks are looking good! Keep at it. :D

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      ย 3 years agoย ย 

      Slowly grinding!

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        ย 3 years agoย ย 

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          ย 3 years agoย ย 

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