The other day I've found this interesting blog about someone in Europe planning to retire early by converting a fixed amount of their monthly salary into Bitcoin.
He started doing this in the bull market of 2017 and keeps doing it every month, no excuses. A specific amount, 500 euros, is always converted into Bitcoin and stored away in cold storage.
This is how his strategy looks like:
As you can see, the BTC stack in orange always keeps going up, making it a personal ATH for him every time.
In a black dashed line is the actual total invested in fiat, which simply increases by 500 euro every month.
And in green you can see the value in fiat(euro) of his current amount of Bitcoin. This one of course varies a lot depending on the current price of Bitcoin.
You can clearly see that it has been an incredibly great savings strategy so far, obtaining a lot more value than simply saving in fiat.
I'll leave you guys with the url of the blog: https://er-bybitcoin.com
In the end, perseverance seems to be the key here. He's not putting an incredible amount of money down every month, but still he has managed to obtain a lot of Bitcoin, 4.47 BTC from his last update.
Have you tried something similar?, maybe now thinking about doing it?, I think it's a great idea.
He started doing this in the bull market of 2017 and keeps doing it every month, no excuses. A specific amount, 500 euros, is always converted into Bitcoin and stored away in cold storage.
This is how his strategy looks like:
As you can see, the BTC stack in orange always keeps going up, making it a personal ATH for him every time.
In a black dashed line is the actual total invested in fiat, which simply increases by 500 euro every month.
And in green you can see the value in fiat(euro) of his current amount of Bitcoin. This one of course varies a lot depending on the current price of Bitcoin.
You can clearly see that it has been an incredibly great savings strategy so far, obtaining a lot more value than simply saving in fiat.
I'll leave you guys with the url of the blog: https://er-bybitcoin.com
In the end, perseverance seems to be the key here. He's not putting an incredible amount of money down every month, but still he has managed to obtain a lot of Bitcoin, 4.47 BTC from his last update.
Have you tried something similar?, maybe now thinking about doing it?, I think it's a great idea.