[Bitcoin Cost Averaging] DAY 29 | IT'S THE FINAL COUNTDOWN!!! | BTC 30-day Bitcoin #Shorts
12Did we hit a plateau because Bitcoin’s holding steady?
If you’re going to blast off first you have to get ready
Three, two, one then launch into space
Bitcoin’s set up to win in this crypto race
Our challenge ends tomorrow on our final day
But stick around our next one will be coming your way
The 30-day recap will be out this week
Come back in 24 hours to get a sneak peek
You know the drill hit that link get your stock
See you tomorrow gotta go and insert my…
CHALLENGE DAY 29 OF 30
Bitcoin is holding steady and we are up 43.7% after 29 days, can it continue? SPOILER ALERT: IT WILL!
I messed up on this one! We would be up another 43.6% 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)
Tomorrow is the last day 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.
[Bitcoin Cost Averaging] DAY 29 | IT'S THE FINAL COUNTDOWN!!! | BTC 30-day Bitcoin #Shorts
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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.
*Some products and/or links that appear on this video and channel are from companies from which Frank Chou may earn a referral bonus and/or an affiliate commission. This video is accurate as of its posting date.
DISCLAIMER: Frank Chou is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com.
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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