What If You DCA-ed $25 a Week in Bitcoin Back in 2017?

Within an eight-year timeframe, Bitcoin generated returns exceeding seven times those of gold and surpassing eight times the returns of stocks. DCA (dollar cost averaging) is a good option for both beginners and experts, but it isn’t without faults. It’s the preferred investment strategy for a majority of crypto investors, with 59% utilizing it as their primary approach. With the price of Bitcoin hovering around 93k, there isn’t a shortage of conversations about its consistently rising value. So what if you jumped on board in 2017 and DCA-ed (consistently investing a predetermined sum of money in a specific asset, irrespective of its current market price) $25 every week? Spoiler alert: you’d have a whole lot of money now. What’s more, in those 8 years, Bitcoin would surpass gold and stocks in ROI. Let’s break it down. Starting in 2017, if you DCA-ed $25 a week, you’d now have approximately a $10,450 investment. As such, your investment would return roughly $16,946.00 in gold or around $15,358.23 in stocks. However, for Bitcoin, it would be a whopping $133,689.39! That’s 8 times more than the returns of stocks and 7 times more comp… The post What If You DCA-ed $25 a Week in Bitcoin Back in 2017? appeared first on Coin Edition .