Post
Topic
Board Bitcoin Discussion
Re: If You Bought Bitcoin Each Week in 2019, You’d Be up 49%
by
aoluain
on 01/01/2020, 23:15:45 UTC
If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.


Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.

IF YOU WOULD HAVE BOUGHT BITCOIN IN JUNE 2019, you would have LOST more than half your money  😭😭😭😭

VERY DISHONEST to cherry pick a date after the fact and try to say that means something is a good investment now.    The only thing that matters is how will bitcoin purchased or held TODAY perform Huh?

Hard Facts



if you would have bought bitcoin in June 2019 and held it until now...
you would still have the very same bitcoin.

Stop looking at Bitcoin as a FIAT amount.

DOLLAR COST AVERAGING - buying at any and every price will create
an average cost, i have bought at $12k, $10k and all the way as low as
$6500 in 2019.

https://www.google.com/amp/s/investinganswers.com/dictionary/d/dollar-cost-averaging%3famp