Hello!
I am sharing with you the results of the 3rd straight week buying Bitcoin. I am Dollar Cost Averaging and accumulating sats, hopefuly I will be able to accumulate a good amount before the massive bull run starts.
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 three 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.
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 is right now!
I still have to figure out the cheapest way to buy Bitcoin. I ended up paying a 1,5% fee for each purchase. I have been too lazy to have a deep research about where the best fees are.
I have also pending the research of a new method to start compounding the Bitcoin I am purchasing. My friend @empoderat commented a new option that I have to analyze. Some details next week.
The results
I am keeping an Excel sheet with all the details.
Here the actual results:
I am -1,44% down at the moment, I wasn't able to buy the last weekend dip, but I eventually will be buying also the dips and this ROI will start rising! 🚀
Keep stacking! 😊
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