MultiversX Tracker is Live!

What Monthly investment is required to get to 1 Bitcoin with DCA ? - Analysis

Bitcoin Reddit

More / Bitcoin Reddit 13 Views

What Monthly investment is required to get to 1 Bitcoin with DCA ? - Analysis

TLDR: You need to start DCAing ~$750-$1.5k per week to get to 1 BTC in 5 years

Or about $2.4k - $3.6k per week to get to 1 BTC in 1 year.

Methodology:

To get to this answer over multiple time frames in the future ranging from 1-5 years, I first ran a monte carlo simulation to generate 5000 future price paths for BTC.

This is the core engine of our simulation.

I then took the average returns of the bottom 50%, all the price paths and the top 10% price paths. This gives us a low, average and high expectation.
These results can be seen in the table below.

I think concluding you need to DCA :
- $1k per week to get there in 5 years

- $1.5k per week for 2-3 years

- $2.5k+ per week for 1 year

Would be fair. I recommend to look at the numbers in all 3 columns though.

The main thing that I learnt from this would be that we are getting priced out of Bitcoin very fast.

https://preview.redd.it/wztbrliw4uxf1.jpg?737&format=pjpg&auto=webp&s=5ef0e18c22fb2114babd367831426aaef03feb45

submitted by /u/Main_Mouse442
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments