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Buying Bitcoin every month for 48 months – update

Started stacking sats in October 2017, this month was the 48th. Looking forward to the next 48 months! Its a long game folks. Hope you get some motivation of my writings as I document my journey of buying Bitcoin every month. Its not an instawealth story. Don’t feel sorry for not having a large amount of Bitcoin. Do what you can to increase your ability to keep buying month after month, dip after dip, ATH after ATH. Keep at it for many many months. It will be worth it.

[https://er-bybitcoin.com](https://er-bybitcoin.com)



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27 Comments

  1. Nice u/jamespunk !

    Just curious, since you buy at the beginning of every month, do you use the first Monday of every month as it is statistically the cheapest day to buy BTC? In the long run may do you a huge favor to choose Mondays.

  2. > Small exposure means you don’t really understand Bitcoin.

    I disagree. Small exposure acknowledges that there is a value in diversity and controlling risk.

    Thing is, I will probably be wrong in this circumstance, but I won’t be wrong in the grand scheme of financial theory.

  3. Your comparison with the s&p 500 is not accurate. You don’t earn compound interest over time with your Bitcoin.

    People should certainly still be investing for retirement and traditional account alongside stacking Bitcoin. This goes triple if you have a company 401k plan that will match.

    Yes it would be great if Bitcoin continues to rise to a million dollars or whatever, but judging the value of your s&p 500 returns and the short term is not being honest because the entire point is that it’s a long-term investment that takes advantage of compounding interest over time.

  4. I’ve just had a look through your page. Nice work.

    I see you set aside €500 a month. When did this start? Was it in October 2017 or more recently? Keep it up, you’ve only got another 5x and you’re free

  5. The fact still remains if (Yes, if) you had the total amount you now have totally invested and you invested it the first year you purchased BTC you would have a lot more today. I post this for those that say DCA is the only way. Well, Buy what all you can today and in 4 years you will have a lot more than DCA’ing each month until then. I think some people say they DCA only because they don’t have enough to buy all at once. As soon as they have extra funds they buy more BTC. That is not DCA, that is buying when you have money to buy it.

What do you think?

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