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/biz/ - Business & Finance

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13609135 No.13609135 [Reply] [Original]

If I put 2,000 dollars a month into bitcoin... will I eventually catch up to the market and own 1 bitcoin? I only have .08 of a bitcoin right now but i can put in 2000$ a month consistently for the next 2 years.

Please watching this market rise and not having enough is killing me i just need hope

>> No.13609203
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13609203

>>13609135
this is unironically the best strategy for "long term". its called dollar cost averaging. if you think bitcoin is going to the 100k-300k region and you can actually afford to give up 2k a month, then yes this is likely a good plan.

dont think in terms of round numbers of bitcoin either. think of converting current FIAT into a 1000%+ return on investment in 18 or so months.

if youre able to convery 100k into 1million who gives a damn if you held a few "things" or "just a fraction" of that thing?

good luck fren

>> No.13609219

>>13609135
Yes.

>> No.13609228

>>13609135
No. That's something a brainlet would do

>> No.13609239
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13609239

>>13609203
>converting into fiat

I don't think you understand whats going on.

>> No.13609293
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13609293

>>13609203

Thank you I had to take out all my holdings because of emergencies... i swear the market started mooning the day after.

I need this hope back...

>> No.13609307
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13609307

>>13609293

join me

>> No.13609334

>>13609307

I’m tempted... if it drops back down to 4K that would have made me shorting a lucky move... it does seem to be slowing down and soon dropping though

>> No.13609344
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13609344

>>13609135
Yes
If you dollar cost averaged since 20k you would be in the green right now

>> No.13609675

dollar cost averaging is what high iq turbochads

I’m a poorfag with only lunch money invested in crypto but I threw that lunch money into my portfolio bit by bit and I’m proud of that

>> No.13610289

Hey Fomofag.
I started messing with crypto at 9k 2017.made purchases all the way up to 16k.

Then crashed downnnnnnnnnn.

I did my research and was a true believer. Was in for 13k value of portfolio sat at 4-6k.

But kept plugging away. My dca brought my purchase price down to about 7k btc.

You don’t want to buy the top but you also don’t want to miss a moon mission.

Anything under 10k you are fine. Once it’s over 10k it becomes tough.

Don’t be a pussy. Buy btc. Dca. Even if it corrects make your goal of 1btc and stick to it. Once you get that buy more if it’s cheaper. Maybe get a bch, some ripple and stellar. But btc first. I hope bears don’t get back in town. But you won’t be given second chances.

>> No.13610835

>>13610289
>Don’t be a pussy. Buy btc.
I will anon, thank you.