#Bitcoin Surpasses 119,000$ and Sets New ATH!
BTC has been moving in a moderately upward channel recently.
My Next Target is 128,000$ 🔥
By the way, you can accumulate a small amount of $BTC every day with the Repeating Purchase Bot on OKX TR :) @OKXTurkiye
This example dramatically shows how powerful the Regular Purchase (DCA – Dollar Cost Averaging) strategy can be. Let's take a closer look with some more technical and clear figures: ⬇
Start Date: July 1, 2013
Strategy: Purchase 100₺ worth of Bitcoin at the beginning of each month
Total Duration: 141 months (11 years 9 months)
Total Spending: 141 x 100₺ = 14,100₺
Total Bitcoin Amount: Approximately 5.985 BTC
Current Bitcoin Price: ~3,400,000₺ (1 BTC)
Portfolio Value: 5.985 BTC x 3,400,000₺ ≈ 20 million TL
This result seems incredible because in 2013, the price of Bitcoin was around 65–80 USD (with the exchange rates of that day, 130–160₺), and in some months it was even lower. Therefore, it was possible to accumulate a large amount of BTC by investing 100₺ monthly in the early years. Especially the period between 2013–2015 constitutes a large part of the portfolio.
✅ The Power of Regular Purchase:
Making purchases steadily without worrying about catching the “bottom” or “top” creates a significant accumulation in the long run.
✅ Reducing Price Obsession:
Making regular purchases without the anxiety of “Is the price going to drop after it has risen?” also provides mental comfort.