It is impressive profit after 4 years but if you did not have $1,200 to buy bitcoin in 2020, you can do DCA.

With $33 for monthly DCA, last four years, you will spend $1,221 so far, and its value now would be $2,500. Profit is good enough with small $33 DCA every week. You need to be disciplined with DCA, stack bitcoin ups every week, and now your investment is good with 109.73% up.


ROI table or ROI chart of Bitcoin will make some newbies shocked.
https://casebitcoin.com/charts#roi_chart

With DCA, less stress for investment and with a long bear market like 2 bearish year and one warm up year before a bull run, investors have many months for DCA.

With DCA, with many months, they will not need to find bottoms but DCA can help them to average their entry price around bottom price and it will bring very good profit in a bull run.

With DCA during a long time like 3 years, total money spent for investment will be surprisingly bigger than imagination of investor. We don't realize how much money we spent for investment, with DCA regularly, after 3 or 4 years. If we check it after 4 years, it will shock us and with profit from DCA, like x2 or x3 from bottom price, portfolio value will be bigger a lot.

These kinds of posts FOMO the fuck out of the paperhands on twitter who think bitcoin's going to be the solution to their poverty. So when they spend and invest money on it and find out it's not making them any richer any quicker than they hoped to, They sell and swear against it, urging even more people to hate on it which hampers with the progress of bitcoin in general, cause instead of having newer people who are more supportive of the coin and are gonna hold no matter what, instead we have more haters who are going to swear against bitcoin even if it became the signal to the second coming of Jesus Christ.

Anyways, just goes to show how profitable bitcoin is even if it's not that "profitable" to us. Consider the fact that this is when bitcoin's still sitting comfortably in the 10k mark, what more could you have gotten if we reach newer heights in this upcoming bull season, which is bound to happen since that is the trend that bitcoin seems to follow through anyway?

Just gets me more excited to invest in and hold the fuck out of my coins until the heat death of the universe, LOL!

This has been the hype before honestly. There are a lot of people who actually bought bitcoins or crypto with the stimulus checks they received at the height of the pandemic. Those who did were actually smart enough to take their chances and have probably reaped the sweet rewards after.

I remember that time I was also actively buying bitcoins and ETH thinking that my expenses were dramatically lessened given that I'm working remotely and I don't have to pay for transportation or gas. The rest of what I am supposed to spend outside goes to bitcoins, and it has been something that I'm actively doing even today. Lots of times I have my coins more than what I put in and it never failed me, all because I believed in bitcoin and took the chance whenever I have it.

If you missed these 'checkpoints' you can still DCA and get good returns eventually. You just have to be consistent at it and make sure that you are not selling immediately whenever the price rises.

OMG why are you posting this haha, people will feel bad now, well BTW we should learn from past mistakes and analysis, so, you posted a good thing, as it made us realize the importance of investing and holding BTC in compared to trading it which requires us to bear more stress while in holding we bear lesser. Overall, holding has more benefits than trading, and we all know to do holding first we must have an investing mindset. People getting this fund, are might be in need, or have other expenses, why would they think of investing it in BTC at that time?

TBH, me when get some bonuses or money either from airdrops or from other sources, I don't think of investing it in BTC I think of using it to pay off debt or to meet other expenses. I don't know if it's natural, whenever I get money, or get the news that I am going to receive money, expenses come into being don't know from where. It's like they somehow know I am going to get money 😂.

It is more realistic to think that most of people received that stimulus check already spent it when a new bull run comes. They mostly are not seriously with it as a long term investment so they have no reason to hold it for a long time.

FTX fiasco is terrible and it makes capital of many people vanished within a week and severity of this fiasco can be bigger than Terra collapse because FTX is a big exchange with millions of users and it is related to many other companies too.

However I don't see connection between people who have stimulus check and FTX fiasco. The following website has more information about stimulus checks.
https://www.bitcoinstimulus.net/totalstimulus

To be honest, I don't know about the stimulus check story but years ago, there was massive airdrop with $100 in Bitcoin to MIT students. It was distributed in 2014 and most of students sold their bitcoins to enjoy.

MIT students to get $100 worth of bitcoin from Wall Street donorHow many of them hold their bitcoins till 2024?
MIT students to get $100 worth of bitcoin from Wall Street donor

A really interesting comparison, Bitcoin's 900% growth in just one cycle from 2020 to 2024 is really amazing, I'm looking forward to seeing what the growth rate will be after two or three cycles from now.

I guess after two or three cycles the same comparison will be made and people will wish they had bought at that time, after 10 years those who didn't buy now will regret it and say how stupid we were for not buying cheap in 2024 !!!

So there is still time to get started on DCA. Everyone who is present now and neglected DCA is sure to regret it in the future when they see the prices and compare them to the present time.

Imagine if that was the thing in my country too, people would be celebrating, I guess some people just don't really trust the process with bitcoin investing. I can understand why some people don't even do it too, I mean there are people out there that would have more use of that stimulus check at that moment rather than using it for investment. I hope that this will also be another reminder of the fact that bitcoin is going to be going up and never going down, any doubts will always led you to regret in the long-term.

I remember when it became popular to "spend your stimulus check on Bitcoin" back in 2020 and 2021. Back then bitcoin wasn't really going anywhere unlike the stock market. So many people suggested it would of been better to just buy GME with that $1200.

However after it started to rally and Elon started to buy, its when all these $1200 turned into $XXXXX started to pop-up. However later on it was pretty much too late, bitcoin rallied hard and the ship has sailed. Wonder how many actually held till now if they actually bought bitcoin with the $1200.

Although injecting money into economy like this always has its negative side effects but if you do some quick calculations you'd realize that the entire stimulus package program was too small to be blamed for the inflation situation today.

For example the checks people received was coming from a $2.3 trillion budget and it was only a small portion of that budget. The rest went elsewhere like $500 billion of it went into government loans to companies, $349 of it went into other loans to small businesses, $150 billion of it went directly to local states and governments.

Now compare that one time amount with the $1 trillion the US government has been printing every 100 days and you'll realize how miniscule that stimulus package's effect on inflation was...

Effects of it on bitcoin price has been even smaller because generally people are not making investments in a recession. In fact this is why price doesn't like rising these days since most of the world has been in another recession for the past 1-2 years.