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.comIn 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.
That's the smartest thing a person can do to retire early and build wealth. Dedicating some money from your salary to buy Bitcoin every month is a very smart idea. I was doing that since 2017 but my strategy was a little different, I was putting all of my money into Bitcoin and only withdrew money that I needed to spend on food, rent and transport. That was good, and immensely helped me to live a good life but the negative side of my attitude was that sometimes I had urgent cases to get cash, there were moments when I had to withdraw when the price was low and that negatively affected my balance sheet. Overall, if someone can invest 500 euros monthly in Bitcoin and doesn't plan to touch it, then it will really help the person to retire early.