Let's break this down...
I put $25 into Bitcoin every week for a year. Total invested: $1,300. Current value: $1,006. That is a -22.6% loss. Most people would call that a failure. I call it buying at a discount.
Here is what the math actually shows. During that year, BTC dropped from around $47k to $16k at the low, then recovered to $30k. My cost basis from those 52 buys sits around $38k. Right now BTC is below my average. But every week I bought more units with the same $25. When price was low, my $25 bought more sats.
The shareable insight: DCA does not protect you from short-term losses. It protects you from timing the top. Over 4 years, consistent buying through bear markets has historically turned negative ROI into positive ROI. The 2022-2023 bear is no different.
You are not losing money. You are accumulating assets while others panic. The only risk is selling now.
Are you still buying the same amount every week despite the red portfolio?
Which coin are you watching?
#CryptoEducation #CryptoBasics #CryptoMarket #CryptoNews #BullRun
📱 Follow @PoorCryptoMan
I put $25 into Bitcoin every week for a year. Total invested: $1,300. Current value: $1,006. That is a -22.6% loss. Most people would call that a failure. I call it buying at a discount.
Here is what the math actually shows. During that year, BTC dropped from around $47k to $16k at the low, then recovered to $30k. My cost basis from those 52 buys sits around $38k. Right now BTC is below my average. But every week I bought more units with the same $25. When price was low, my $25 bought more sats.
The shareable insight: DCA does not protect you from short-term losses. It protects you from timing the top. Over 4 years, consistent buying through bear markets has historically turned negative ROI into positive ROI. The 2022-2023 bear is no different.
You are not losing money. You are accumulating assets while others panic. The only risk is selling now.
Are you still buying the same amount every week despite the red portfolio?
Which coin are you watching?
#CryptoEducation #CryptoBasics #CryptoMarket #CryptoNews #BullRun
📱 Follow @PoorCryptoMan