Quote from: philipma1957 on November 09, 2020, 01:36:41 AM

Quote from: KTChampions on November 08, 2020, 02:45:44 PM

I wonder if we take the past 100 weeks and calculate such an investment, will it be profitable? At first glance, yes, since the periods of growth were long, and the falls were sharp. Have you checked your advice against historical data? Or are you putting your advice to the test in practice?

I mine and my deal is 1/2 the coins for the room and the power.

So once my gear is paid off. I buy all my coins at 1/2 price.
every two years i need to upgrade gear so I make money but dont get rich

My advice to buy 100usd 100weeks in a row. worked as long as you did not start

nov 1 2017

through

feb 1 2017

now if you did do 100 usd a week starting in that time period. and held after the 100 weeks were done.

say dec 1 2017 to nov 14 2019. you would be down. on nov 14 2019 but now that we are past 15000

if you held it would be over 100 x 100 = 10000 usd.

It may be a profitable strategy, but I think cryptocurrency investors are expecting big profits for such long periods of time. On the other hand, if we are talking about investing in conditions of limited resources, then this is a good approach that allows both to accumulate capital and to receive profit from the very first investments.