Jogi wrote this twitter thread about Bitcoin returns: https://threadreaderapp.com/thread/1407508328733839360.html
👇👇👇👇👇👇👇 1./ There’s a lot of noise in the price data. Over 4 years, returns have been extremely positive, no matter the starting point.
What was better? Lump sum buys or dollar cost averaging?
2./ Lump sum has beaten dollar cost averaging by some margin. It makes sense, because of the upward skew that price displays. A buy in the past is better than a buy today.
Incremental dollars still show incredible returns.
What kind of DCA worked best? Daily, weekly, monthly?
3./ It doesn’t really matter. Monthly, weekly and daily DCA have had very similar return profiles from 2014 to today
Here are the stats in a table:
Convinced? Either with dollar cost averaging, euro cost averaging or lump sum, you can figure out how to buy bitcoin here.