[Bitcoin Cost Averaging] DAY 26 | Another Record!! 33K, +10% overnight | BTC 30-day Bitcoin #Shorts
18Welcome back to the channel, hey team!
I’m thinking of Bitcoin even when I dream
Went to bed last night under 30K
Woke up and it hit 33, no way!
So I hope you’ve been buying along with me
It’s been a real trip Bitcoin LSD
The challenge is almost over I’ve got a question for you
When all is said and done what should I do
Hold on for dear life or sell, sell, sell
Comment below I want your thoughts as well
Sign up for Webull below to get your free stock
Buying without fees is liking having a huge...
CHALLENGE DAY 26 OF 30
Bitcoin CRUSHED another record. We are killing it here! Up 41.2% after 26 days, can it continue for the rest of the challenge? SPOILER ALERT: IT WILL!
I messed up on this one! We would be up another 41.2% had I dumped all $1,500 in on day one! THAT MEANS OUR GAIN IS HALF WHAT IT WOULD HAVE BEEN! Is Bitcoin cost averaging totally flawed? Should we have just gone the lump sum route? (Yes, we should have) We still have 4 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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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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