If You Bought Bitcoin Each Week in 2019, You’d Be up 49%

If you Bought Bitcoin in JUNE 2019, You'd Be DOWN 49 %


VERY DISHONEST, VERY DECEPTIVE to cherry pick a date in the past that shows huge returns, and then say this is any indication for future investing...  Anyone can suggest investing in any stock, even a dog, by doing this.

Wise up people  🙉🙉🙉

Hard Facts

If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.

Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.

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I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.

Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.

Yes, I agree with you, but it's going to be more frustrating for those who bought bitcoin when it was over $20k as not all of them dumped or cashed out because of the long term and it's been two years since we don't see the market going to the moment they're waiting for, but this proves that we can invest gradually instead of one bulk investment. I might even start doing this to make steady profit from now on.

Buying at right time and then holding always gives you good return, no matter in which market you are investing. Main thing is we are not willing to buy bitcoin when it’s right time to buy. Everyone is willing to buy bitcoin now when it’s going up but very few bought it when it was at 6800$. You can always have good gains in bitcoin if you buy at dip.