#BTC120kVs125kToday This example shows very dramatically how powerful the Regular Buying (DCA) strategy can be. Come on, if you want, let's look at some more technical and clear figures: ⬇
Start Date: July 1, 2013
Strategy: Buying $100 worth of Bitcoin at the beginning of each month
Total Time: 141 months (11 years 9 months)
Total Expenditure: 141 x 100₺ = 14.100₺
Total Amount of Bitcoins: About 5,985 BTC
Current Bitcoin Price: ~about 3,400,000₺ (1 BTC)
Portfolio Value: 5.985 BTC x 3.400.000₺ ≈ 20 million TL
This result sounds incredible because in 2013, the price of Bitcoin was around 65-80 USD (130-160 ₺ at that day's exchange rates), and even lower in some months. Therefore, it was possible to accumulate a very large amount of BTC by depositing $ 100 per month in the first years. In particular, the period between 2013-2015 constitutes the majority of the portfolio.Dec.
✅ The Power of Regular Intake:
Buying steadily without ever having to worry about catching a ”bottom“ or a ”peak" creates a serious accumulation in the long run.
✅ Reducing the Price Obsession:
“Will the price rise or fall?” making regular purchases without anxiety also provides mental comfort. $BTC