It's good to reflect while looking back at history.
Xquasar
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Bullish
This is how investing works! Imagine a situation where a person wakes up on 01/01/2021 and decides to invest the same amount of $BTC at current prices every week, every week, without analysis or anything else, just buying at the market. What will be his results, given that he has been buying BTC up to this point without changes?
The conditions of our experiment: 1. The start is the first week of 2021. 2. We buy bitcoin every Sunday for 210 weeks.
3. The purchase amount is always the same (in the experiment, $50).
Results: 1. Spent $10,500 2. Bought 0.3189095769 BTC 3. Average purchase price was $32,924.69
The bottom line is that without stress and nerves, and by regularly investing the same amount, a person received $30,661.82 in his account, at the BTC rate of $96,600.
I don't know if you want a similar analysis for other coins, but if you do, write their name, we'll calculate.
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