suddenlightness

A Good Run of Bad Luck

BITSTAMP:BTCUSD   Bitcoin
"If I'm bettin' on a loser, I'm gonna have a devil to pay
But it's the only game I know to play, it doesn't matter anyway"

-Clint Black

Bob fell in love with BTCUSD in 2017, so much so that he committed to investing 100% of his Roth contribution to Bitcoin every year for ten years. Bob has an uncanny ability to buy the top. Bob caught the highest monthly price at the top of the market every year and never sold a Sat. Where is Bob's retirement account now?

Year Price Amount Bitcoin
2017 $19,666 $5,500.00 0.28
2018 $17,235 $5,500.00 0.32
2019 $13,880 $6,000.00 0.43
2020 $29,300 $6,000.00 0.20
2021 $69,000 $6,000.00 0.09
2022 $47,989 $6,000.00 0.13
2023 $44,729 $6,500.00 0.15

Total Investment since 2017 $41,500
Total Bitcoin owned 1.59
Average Cost $26,049
Current Value of Portfolio $71,259.92

Profit $29,759.92

BTCUSD #Bitcoin #DCA

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