The DCA (dollar cost average) consist to buy an amount of a value weekly or monthly without consideration of the price. Applying this method on Bitcoin you can analyse the last 10 years
Each arrows show you the buying average of one whole year, moving to the next average there is the % of profit year by year
It is interesting to notice that only 2 years was negative and less than 5%
While the OBV converge nicely with the price, which means that more and more people hold bitcoin
The profits of the first 10 years cycle of bitcoin is almost 500 000 %
Is it look profitable ?
Each arrows show you the buying average of one whole year, moving to the next average there is the % of profit year by year
It is interesting to notice that only 2 years was negative and less than 5%
While the OBV converge nicely with the price, which means that more and more people hold bitcoin
The profits of the first 10 years cycle of bitcoin is almost 500 000 %
Is it look profitable ?