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    Author Topic: My Past nine months bitcoin journey  (Read 3190 times)
    aysg76 (OP)
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    July 14, 2021, 02:45:07 PM
    Last edit: March 14, 2022, 11:13:45 AM by aysg76
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     #1

    I am away from my home working in an office and it is hard to manage both work and house at the same time for me as i came late from office. So most of the time I order food online say 3-4 times in week and was happy with that until the point i realised that i was wasting lot of money on junk food. So i decided to have my future plans as i was already investing in bitcoin so i decided to reduce my weekly budget for ordering online food and decided to invest that money into bitcoin despite the prices and just go on investing till the time being. But i made a plan that every time i would add on the fixed budget of $10 extra to btc investment and from next month increased my intial investment by $10 also.For example say my weekly budget or food expenditure was $40-$50 weekly on my 3-4 order i would reduce it to half and say invest $25 weekly and next week it would be turned to $35.Along with this I was also planning to buy some gaming stuff for my time pass but i dropped that idea for the same reason and decided that i would keep on investing in bitcoin only not any other altcoin also .So this was my plan and investment was done every week.

    1st Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1: $25                 0.0005                   $49150.53
    Week 2: $35                 0.00094                  $37002.44
    Week 3: $45                 0.00114                  $39294.20
    Week 4: $55                 0.00147                  $37575.18

    Total 1st month bitcoin investment in my portfolio stood at : $160

    How much btc were bought:  0.00405


    2nd Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1:  $35                 0.00093               $37345.12
    Week 2:  $45                 0.00117               $38347.06
    Week 3:  $55                 0.00163               $33723.03
    Week 4:  $65                 0.00185               $35040.84

    Total 2nd month bitcoin investment in my portfolio stood at :  : $200

    How many btc were bought:  0.00558

    3rd Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1:  $45                 0.00132               $33855.33
    Week 2:  $55                 0.0018                 $30456.06
    Week 3:  $65                 0.00162               $40111.19
    Week 4:  $75                 0.0018                 $41524.96

    Total 3rd month bitcoin investment in my portfolio stood at :  : $240

    How many btc were bought:  0.00654

    4th Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1: $55                 0.00115                   $47786.53
    Week 2: $65                 0.00094                  $46389.44
    Week 3: $75                 0.00114                  $49291.20
    Week 4: $85                 0.00147                  $48989.18

    Total 4rd month bitcoin investment in my portfolio stood at :  : $280

    How many btc were acquired this time : BTC 0.0058


    5th Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1: $65                 0.00152                   $42711.63
    Week 2: $75                 0.00157                  $47675.47
    Week 3: $85                 0.00154                  $54978.20
    Week 4: $95                 0.00153                  $62034.18

    Total 5rd month bitcoin investment in my portfolio stood at :  : $320

    How many btc were acquired this time : BTC 0.00616

    6th Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1: $75                 0.00131                   $57014.35
    Week 2: $85                 0.00131                  $64801.47
    Week 3: $95                 0.00154                  $61422.50
    Week 4: $105               0.00177                  $58453.49

    Total 6th month bitcoin investment in my portfolio stood at :  : $360

    How many btc were acquired this time : BTC 0.00593

    7th Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1: $85                 0.00149                   $56792.53
    Week 2: $95                 0.00185                  $50582.63
    Week 3: $105               0.00226                  $45894.85
    Week 4: $115               0.00243                  $46880.28

    Total 7th month bitcoin investment in my portfolio stood at :  : $400

    How many btc were acquired this time : BTC 0.00803

    8th Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1: $95                   0.002                       $47414.53
    Week 2: $105                 0.00227                  $45752.44
    Week 3: $115                 0.00277                  $41407.20
    Week 4: $125                 0.00349                  $35791.18

    Total 8th month bitcoin investment in my portfolio stood at : $400

    How much btc were bought:  0.01053

    9st Month Investments

    Week     Investment    Bitcoin aqquired       At price

    Week 1: $100                 0.00276                   $36211.53
    Week 2: $100                 0.0024                      $41748.44
    Week 3: $100                 0.00234                  $42586.20
    Week 4: $100                 0.0027                    $37075.18

    Total 9th month bitcoin investment in my portfolio stood at : $400

    How much btc were bought:  0.0102


    Total Bitcoins aqquired with $2800 = 0.06282

    I got bonus from my office this month for extra performance along with my paycheck so i decided to to go mile extra this time with bitcoin investment and invested another $100 from the same bonus to bitcoin investment and will make some bonus investments as I get them with my paycheck.

    BONUS $100 INVESTMENT AT $43600 = BTC0.00229
     

    I have doing this from past three months now and planning it to carry on for long time as i know that my returns will be high in long run and my wasting that money on my food items would have given me happiness and relaxation for few time but this investment at this time would be long lasting and give me pleasure and joy for lifetime. So I decided to compromise my that things for bitcoin investments as it will surely have more value in future when every other assest will be depreciated with inflation but my this investment will prove worthy at that time.



    Speaking frankly I was happy at this dip as i was getting big share at small prices and they don't even matter for me because i was not into trading and my sole motive was to invest and hold for long time no matter what the prices are and will be.I have decided to follow this plan for atleast 6 months and will keep posting the updates on this thread. So i am constantly reducing my miscellaneous expenses and allocating that funds towards bitcoin and i will not panic with any price dumps and afford to loose that money(but it will not happen as i am optimistic) and will hold that coins until i need to use them.Till then my 6 months chart is on for investments  Wink

    EDIT: The thread has been updated with this month DCA investments and Bonus investments made by me and will keep this in same manner.

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