In this sharing article, I will tell you about my journey of deducting $10 - $20 daily to buy the cryptocurrencies Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Solana ( SOL) at a ratio of 35% BTC, 25% ETH, 20% BNB, and 20% SOL.
We will look at how these currencies will accumulate from 2022 to the present and calculate what the current net worth over 2 years of accumulation will look like.
Surely no one has told you or shown you how to do this, but I have applied it very successfully from 2018 - 2021, helping me with a few small coins saved while working and Reaching the peak in 2021, I have spent money from only $10 daily to several hundred thousand dollars in 3 years.
1. Periodic Investment Strategy (DCA)
Periodic investment (Dollar-Cost Averaging - DCA) is a strategy of buying a fixed amount of a certain asset over a period of time, regardless of market price. The goal of this method is to minimize the impact of price fluctuations by breaking investments into small chunks over time.
2. Investment Allocation
With a total daily investment of $10 - $20, we will allocate as follows:
BTC: 35%
ETH: 25%
BNB: 20%
SUN: 20%
For example, for $10 per day:
BTC: 3.5$
ETH: 2.5$
BNB: 2$
SUN: $2
3. Accumulation From 2022
Assuming you start from January 2022, we have a total of about 730 days in 2 years.
Total investment amount:
If you invest $10 every day: $10 * 730 = $7,300
If you invest $20 every day: $20 * 730 = $14,600
Proportional allocation:
BTC: 35% of $7,300 is $2,555 (or 35% of $14,600 is $5,110)
ETH: 25% of $7,300 is $1,825 (or 25% of $14,600 is $3,650)
BNB: 20% of $7,300 is $1,460 (or 20% of $14,600 is $2,920)
SOL: 20% of $7,300 is $1,460 (or 20% of $14,600 is $2,920)
4. Present Value
Current value of coins as of current date (say May 21, 2024): average value from January 1, 2022 to May 21, 2024
BTC: 27,000$
ETH: 1,800$
BNB: 300$
SUN: $20
Number of coins accumulated:
With an investment of $10 per day:
BTC: $2,555 / $27,000 â 0.0946 BTC
ETH: 1,825$ / 1,800$ â 1.0139 ETH
BNB: 1,460$ / 300$ â 4.8667 BNB
SOL: $1,460 / $20 â 73 SOL
With an investment of $20 per day:
BTC: 5,110$ / 27,000$ â 0.1893 BTC
ETH: 3,650$ / 1,800$ â 2.0278 ETH
BNB: 2,920$ / 300$ â 9.7333 BNB
SOL: $2,920 / $20 â 146 SOL
5. Calculate Current Net Worth
With an investment of $10 per day:
BTC: 0.0946 BTC * 27,000$ â 2,554$
ETH: 1.0139 ETH * 1,800$ â 1,825$
BNB: 4.8667 BNB * 300$ â 1,460$
SOL: 73 SOL * $20 â $1,460
Total net assets:
2,554$ + 1,825$ + 1,460$ + 1,460$ = 7,299$
With an investment of $20 per day:
BTC: 0.1893 BTC * 27,000$ â 5,111$
ETH: 2.0278 ETH * 1,800$ â 3,650$
BNB: 9.7333 BNB * 300$ â 2,920$
SOL: 146 SOL * $20 â $2,920
Total net assets:
5,111$ + 3,650$ + 2,920$ + 2,920$ = 14,601$
Conclude
Daily recurring investments in BTC, ETH, BNB, and SOL at rates of 35%, 25%, 20%, and 20% from 2022 to now have helped you accumulate a significant amount of these coins . Your total current net worth would be approximately $7,299 with an investment of $10 per day, and $14,601 with an investment of $20 per day. The DCA strategy not only helps reduce the risk of price fluctuations, but also helps you accumulate assets in a sustainable and disciplined manner.
My future young millionaires! If you are too busy with work and don't have time to enter the market or research coins, please try my method. If you apply regularly and according to the principle of just $10-$20 every day, in the next 2 years you will see surprises come to you quickly.
Investing is long-term, measured in years, so going through that process will help you accumulate more knowledge and experience as well as have some capital to help you be free for your future life and not worry too much about making money. much.
Wishing you good luck and success in life.
