Topic: Investing 1$ every day in bitcoin over the last five years - page 3. (Read 5038 times)

Profit of 20,045$? in how much value of Bitcoin this Buying ?each day the value changes and we can't count it as same value the whole 5 years,he might purchase when there's a fall at 4-8k but he might purchase in season like this at 17-19k.


It is not better counting the profit in this sense instead the goodness of investing per day ,that alone covers the great action per individuals.

Imagine how many forum members we are?just assume 1$ a day not counting if Whales may 1million per day.
How much value will it add to bitcoin alone and of course alts will be on the same trip.

I'm trying since febuary to Buy bitcoin weekly but sudden that pandemic comes so i had no choice but to stop for a while.

now is 2020 and bitcoin is currently priced in the range of $17K - $18K, if we go back five years back in 2015 bitcoin is around $ 500, if we invest $1 per day in 5 years maybe get a pretty good profit if from 2015

When I saw this topic again, coincidentally this video from Davincij15 showed up on my YouTube feed. He was asking people to invest $1 in 2013 and he is definitely laughing all the way to the bank right now.



You could imagine many people regretting in the comments right now.

Everything can happen as long as there is the right willingness and commitment, so that it can be achieved properly. Because everything will indeed start small and become big with goals and hopes, it is not impossible that it will make us billionaires.

Even Steve Jobs started his business in the garage and also other successful people.

It's worth noting that this video was made in February 2020. Now the number would have been at least twice as high. So over $40,000 of an investment of around $2,000. Not bad!

The chart flow proves Bitcoin investment is paramount to stock, banking and even estate management. Whereas your annual yield income is higher than what the bank can offer. This is really interesting. I just posted the video on my community.

Yes.its a great idea to increasing  asset also.Everyday we waste lots of money but we can invest  1$  everyday and it wil be 365$ after 1 year.Bitcoin give you more  profit  than any other investment. Most of the people  donot know how to use their money properly.

Seems to me that the idea of this whole topic revolves around investing a dollar a day - or at least regularly buying BTC at no matter what the BTC price... which is a form of dollar cost averaging buying.

Of course, if you selectively pick a period and you lump sum invest in BTC at the top of the BTC and then you do not invest in BTC again, then it is going to take way more time for your BTC investment to get back into the black - however, DCA investing can be shown to be profitable, even if you had started investing at the top of BTC's historical price.

Look at this DCA website to see that the longer the period showing a three year investment in BTC as compared to gold and Dow Jones Industrial average.  You can play around with the time settings at such linked website and verify that historically the more your BTC portfolio will be in profits in terms of the greater the amount of time that you had been invested in BTC.

Of course, past BTC price performance does not guarantee future BTC price performance results, but really we do not have any kind of meaningful evidence now in existence to show that BTC is lessening in terms of potentially serving as an ongoing good investment in current times and into the future.   Furthermore, current BTC prices seem to continue to show ongoing asymmetric betting on BTC in comparison to any other asset classes - whether we are comparing BTC's current position and fundamentals to traditional asset classes or to various shitcoins.

In other words, bitcoin remains the likely ongoing leader in terms of any asset class that any person (whether normie, poor person, institution or even government) should be motivated to invest into using dollar cost averaging principles and practices so long as their investment timeline is 4 years or greater, and of course, the longer the investment timeline, the more likely that the employment of DCA principles and practices and solid ongoing accumulation of BTC along the way is likely to show profits and even decent likelihood of prosperity (of course, no guarantees with any investment that anyone chooses to make).

So part of the point that seems to be argued in this thread (and through OP) is to consider the BTC investment thesis in terms of DCA practices and principles rather than lump-sum investing and attempting to time the market and in your example situations that you argue, in which the lump sum investing at the top of the BTC price ends up in a long period of the BTC portfolio being in the red - which circumstances seem to be the exception rather than the rule in BTC that historical analysis of the BTC price performance shows - would have largely resolved that being in the red situation through an ongoing DCA approach.

See, the OP had carefully selected the 5-year period. Why not 6-years? Back in 2015, Bitcoin had reached an all time low of around $180 per coin, after crashing from $1,130 per coin in December 2013. Those who made their investments in 2013 were at a loss of more than 85%. And I personally know a few people who made their investment in 2017 December, when we had the ATH. Even now, those investors are at 45% loss.

It is amazing to know that $1 a day can be accumulated to more than $20k in just 5 years. Only if one had done this just a few years back. However, one can't still blame people for not doing it. People didn't trust bitcoin five years ago as they do now which means if you had introduced this to people even myself, they'd have rejected it outrightly. People were mainly for schemes to get rich quick and not not something that'll span five years.
It's noteworthy to know that bitcoin yields better investment returns than banks. It is only a matter of time before people begin to put their trust in bitcoin rather than banks

This thought is totally correct and motivating. Hope some will follow this advice. In particular, I put it into practice whenever I can with the idea of ​​helping my nephews in their education in a few years. Also when they are of legal age I will teach them how to use a bitcoin wallet and make money with bitcoin. I hope that by that time we will have better Bitcoin-based solutions.

We dont look at some challenges in this line of investment. The transaction fee daily and the ability to buy $1 worth bitcoin everyday. He can save to certain amount before purchase, the amount purchase will depend on exchange, price of bitcoin at the time of purchase and transaction fee requested. Investment or savings in trickles is the best but the strategy matters for any form of investment.

First I would like to say thank you for sharing this idea  this raw gold like they say consistent little drops of water makes an ocean .... I have to start making this a part of me from today thanks again

And I want to imitate his strategy, who know I can also earn from a small saving that I can afford to invest in bitcoin starting now. Bitcoin has a bright future and if it will drop again better to invest than to regret again someday.

Very interesting and encouraging strategy of making money in bitcoin. Investing $1 dollar everyday, I think it is not too late now to start saving a small percentage of your salary and invest it in bitcoin. Why I did not think of it before? Maybe i have my own business now...regrets is always at the end.

When we think about things like this, we always say "I wish I did it.".  Anyway, it is a nice amount for investing just 1$ per day. This is also one of the things that proves how much Bitcoin can be profitable in the long run compared to fiat.

Your words are appreciated.A proverb goes,"The continent is formed by small sands."Even if we think to save 2% percent of pocket money and invest in bitcoin it can be a huge  somedays.A good patience  and wise decision can change the life.

Yeah right. By doing this you'll be able to save a lot in the future, who knows what future may bring to bitcoin, maybe while you are saving the value after several years of holding might be doubled or more.
Teaching also your kids to do the same will open their mind into this industry, they are the future generations who will benefits a lot
to this market.

If you had started investing $1 per day 9 years ago, and you continued until today, you would be pretty god damned close to having $1million, already.  You would have accumulated 91.3 bitcoins.

Sure, it is likely going to be much more difficult to start now with that same amount of $1 per day because some parts of the advantages of starting investing in bitcoin 9 years ago was the earlier stages of the s-curve... but we should not be complaining that we cannot go back, but appreciate that if we had started 9 years ago we could be nearly a millionnaire on merely $1 per day.

So, for example if you start investing today at $1 per day, and you invest over 20 or 30 years, you may well become a millionnaire, even with just $1 per day. 

Another thing is that if your budget and your situation gets better, you can increase your budget to be able to invest higher than $1 per day, so part of the idea would be to just starting investing with you can, even it is a relatively modest amount and  even if it is merely a dollar, which is way the fuck better than whining that you cannot become a millionnaire.. blah blah blah... because getting your shit together and acting and making progress is way smarter than not doing anything or proclaiming that it might not be enough.. especially if you might not have more to invest anyhow... and accordingly, some people just have to do what they can, and even a dollar a day can be difficult for some people to really set aside on a regular and ongoing basis.

But there is another innovative way that we are going to invest in centralized exchanges. Just buy 1 USDT-TRC20, the cost is very cheap because they move freely between centralized platforms. We can buy bitcoins on centralized exchanges that accept transactions of 1 $. If they ask for a minimum of $ 5 it will take 5 days to make 1 transaction.

The most important thing here is who is willing to give us $ 1 USD-TRC20 per day for 5 years. LOL