Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
FinePoine0
on 01/01/2024, 08:18:51 UTC
I first started with a very small amount of money to invest in Bitcoin. I once decided to borrow $1000 from my family to invest in Bitcoin but later changed my mind.I changed that decision to the fact that I am connected to a job and get a certain amount of money from it every week I invest a day of money from it in bitcoins. I do masonry work from which I get fixed amount money every week. I take one day's worth of money I get every week from this masonry job and invest it in bitcoins. That is 5 dollars worth of bitcoins, that is 20 dollars worth of bitcoins per month. I am trying to invest in dollar cost averaging (DCA) method every month.


Just like me you have started investing by following DCA method. Since you are depositing in bitcoins with your daily work remuneration. If you deposit five dollars a week, that's $20 a month. So your annual amount of wealth is 180 dollars, the amount is 240 dollars annually, so if you can accumulate for a few years, then you can definitely accumulate a large number of bitcoins. I also just completed one year of Bitcoin accumulation and I have approximately $385+ worth of Bitcoin accumulation. I started investing in Bitcoin when the coin touched 15.5k in early 2023, and now I am so focused that I am not able to invest in any other way than the DCA method. DCA method is best for me. I am impressed by the improvement in my wallet which I can confidently say leads people to a bright future of success.