In the social network X (formerly Twitter), a story went viral about a user who followed a dollar-cost averaging (DCA) strategy for eight years. He invested $30 in bitcoin every day, which ultimately allowed the trader to earn over $1 million.

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As the user known as regothetrader explained, in 2016, he decided to regularly purchase the first cryptocurrency regardless of its current price. According to him, he had to work 16 hours a day at a low-paying job in the beginning, sacrifice leisure time with friends, and strictly limit his budget.

Moreover, the trader assures that over the years he managed to "experience all the pitfalls," including the collapse of FTX and Quadriga. In addition, the Covid-19 epidemic caused problems, noted regothetrader.

The user admits that at certain moments he faced doubts. However, over time, the trader began to realize the correctness of his approach. Every 12 hours, he bought bitcoin for $15. Over the years, he invested $86,370 in cryptocurrency.