[Bitcoin Cost Averaging] DAY 20 | Bitcoin record, only 10 days left! | BTC 30-day Bitcoin #Shorts
10Bitcoin is surging at the end of the year
Crypto is mainstream it’s becoming so clear
Investors keep buying be they big or small
Guggenheim, Skybridge, and Massmutual
And as for us we still buy every day
Like a Mandalorian this is the way
we’re buying with Webull and stacking sats
get your four free stocks like all the fat cats
we just hit 200 subs I love you all to bits
now I’m off to bury my face in some…
[Bitcoin Cost Averaging] DAY 20 | Another Bitcoin record! | BTC 30-day Bitcoin Test #Shorts
CHALLENGE DAY 20 OF 30
A new record! Up 25.2% after 20 days, can it continue for the rest of the challenge?
I messed up on this one! We would be up another 30.6% had I dumped all $1,500 in on day one! Is Bitcoin cost averaging totally flawed? Should we have just gone the lump sum route? We still have 10 more days to see how it all plays out but things look much better the lump sum route and previous studies have borne this out as well. I will do a full, detailed discussion comparing the 2 at the end of the challenge.
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We have been talking about Bitcoin on the channel a lot lately so it's time to put my money where my mouth is.
I put $1500 into my Webull account to take advantage of their new free crypto trading. For the challenge, I will buy $50 of Bitcoin/day for 30 days and we will see what happens. Will my "Bitcoin cost averaging" approach be effective or will it flop? Let me know your thoughts in the comments. 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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