⭐ Merited by JayJuanGee (1)
As you said investing million dollar as Lump sum right now will give you around 23 bitcoin and that is still far from person in Hypo-3. In hypo-3, we are investing 60$ into Bitcoin every week for ten years and now the total bitcoins are 27 and there net worth is 1 million USD.
What we can deduce is that even if you dont have million or 100k dollars funds then you can still take better osition provided you are willing to invest small amount in periodic manner (DCA).
And a Happy New Year to everyone on this thread.
What we can deduce is that even if you dont have million or 100k dollars funds then you can still take better osition provided you are willing to invest small amount in periodic manner (DCA).
And a Happy New Year to everyone on this thread.
Of course, there is no guarantee that DCA will outperform lump sum, but a person who has spent a lot of time investing into bitcoin has historically had pretty good results and the longer he has been investing (even relatively small amounts), it will take a whole hell of a lot of capital to catch up to him, and many of his peers will not be able to catch up to him, so the ONLY ones who are able to catch up to him are the ones who, in the past, were not his peers but maybe way richer than he was, but he has likely caught up to a lot of folks who were way better off than him historically. We have witnessed these kinds of matters a lot in bitcoin, even though they are not necessarily guaranteed to continue to occur, even though bitcoin's investment thesis seems to be stronger these days than it was 7-10 years ago - especially if we go back before the resolution of the 2017 blocksize wars, and so even though the upside does not seem to be as great, but the investment thesis does seem to be be pretty strong these days.. including that lump summing prior to the launch of the ETFs may well be better than DCA'ing (front running a lot of the folks who are disinclined to directly own BTC - and sure there are a lot of folks who also don't directly own BTC, since they hold their coins on exchanges).. but no one really knows for sure..
What we have seen so far in this discussion about Lump sum and DCA is that Lump Sum is good provided you are good to invest it for longer duration i.e. more then 5 years. DCA is also good specially for those who don't have enough money to spend. We have seen this case in hype-3, where you invest 60$ per week for 10 years from 2013 to 2023 and ROI is 3595%.
I may be one of few guys who is not very much interested in this ETF stuff. I will go with accumlating Bitcoin in DCA manner since to me thats the only sustainable way to move forward.