[Bitcoin Cost Averaging] 30 day challenge FINAL recap! Was Cost Averaging better than Lump Sum?
1230 day challenge FINAL recap! Will my "Bitcoin cost averaging" approach be effective or will it flop compared to lump sum investing?
Bitcoin Cost Averaging experiment: I put $1500 into my Webull account to take advantage of their FREE crypto trading. For the challenge, I bought $50 of Bitcoin/day for 30 days. This is what happened.
Check out the full playlist of each daily update that was posted. On day 4 I began our Bitcoin poetry and we had some dope poems along the way along with a Bitcoin rap. We had lots of fun and made some big gains.
youtube.com/playlist?list=PLgpN3FigsENi0gGRlFA1EDjaiwm9Ls8q1
TD Ameritrade video referenced:
Is Dollar-Cost Averaging Better Than Lump-Sum Investing? | Comment Below youtube.com/watch?v=nCp2bZbaBdw&t=264s
If you need a brokerage to trade crypto check out the limited time offer with Webull below for FOUR free stocks with a $100 deposit.
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Webull sign up offer https://act.webull.com/vi/BLmS3xOF2J8t/usp/inviteUs/
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How to install Webull quickly with step by step instructions https://youtu.be/Ldh2t6Bd3xI
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About Frank Chou:
Passionate senior finance leader with over 10 years of experience implementing finance best practices for multi-billion dollar companies serving both domestic and international marketplaces in the manufacturing, logistics, distribution, and fulfillment sectors. Founder and catalyst of world-class finance teams in both rapidly scaling and established enterprises. Proven as a trusted business adviser, building successful partnerships across functions and delivering bottom-line growth through implementing best practices, eliminating waste, and optimizing cost.
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DISCLAIMER: I’m not a financial advisor/planner. The videos on this channel are for educational/entertainment purposes only. Investments in securities are not guaranteed to increase in value, consult your own advisor/planner when making personal investment decisions.
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