Post
Topic
Board Bitcoin Discussion
Re: If You Bought Bitcoin Each Week in 2019, You’d Be up 49%
by
The Pharmacist
on 26/12/2019, 01:26:32 UTC
However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.
I'd have to trust the math being done, since I haven't done it myself but it sounds about right.  This year has felt weird, more bearish than bullish, but that actually hasn't been the case.  There's a disconnect in my mind that I suppose is there because bitcoin actually hit the $13k mark in the summer and then crashed.  But I think in January the price was around $3200, so if you just look at the beginning and end of year prices, it's done very well.

And it's too bad I wasn't able to buy some bitcoin every month, but disposable funds have been tight.  Dollar cost averaging is pretty smart investing in general, and hopefully there are some folks who do it with bitcoin.  Anyway.  Here's to an even better year in 2020.