What is your Average Bitcoin Buying Price?

[OcTradism]

DCA, Dollar Cost Averaging is a good strategy when you invest in Bitcoin.

If you do DCA in the last 3 years, with $100 every month, your portfolio is up 344%, even during the dip, even at the time Bitcoin falls about 50% from its 2021 all time high.

https://dcabtc.com?sd=2018-07-18&sda=3_years&f=monthly&d=3_years&ac=10000&c=false

[worle1bm]

I am really curious to know what is the average bitcoin buying price or the average price you bought BTC at in your portfolio currently?
Also, If you can comment that would be great. I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

I was late but still able to invest at price range between $10k-$25k and still feel happy about it that I did not miss the boat at that time also and still prices are above $30k and my investment is bullish so don't have much panic about all these dips and ready to witness even more because in long run they tend to rise.

[TribalBob]

the first time I bought bitcoin at the end of 2018 where I exchanged my bounty results if I'm not mistaken I first got 0.001 btc and the price of btc was at 11k$, continued until 2021 I enjoy the results of my hard work for years,

[marine4u]

Nowadays, many investors are just waiting for the right price and will come back again when they see everyone is buying at that price rate.

Some people are hoping to get a better price, most of it will be relative, but sometimes, instead of waiting for a good price to buy, it just won't go. and you lose the opportunity to buy. I buy bitcoin on the 10th of every month, it's simply my pay period. Lol, so I'm accumulating. I don't need to calculate the average price or choose a lower price.

[pealr12]

I don't know if there is a good price, anytime btc drop and you are suppose to buy then a tiny little voice will tell you maybe it will drop lower and you keep waiting for the next drop until perhaps it quickly reverse and you have missed the chance to buy, as long as the goal is mid to long term, I think buying from this current price is not that bad too.

[maju69]

The erratic price range makes Says unsure of mentioning it. because as a small trader, I just can't order to place an order. What is certain is that at this stage, my purchases are not worth the monthly income. because you know? I'm not a whale to place a large order and keep it in a cold wallet for a long time.

Then why do I dare to enter with minimal capital? What I think is that what I plant will always bear fruit. Even if it's a little, it's enough to show that the next generation won't have the current price I bought it for.

[GeorgeJohn]

               I really do not have an average number in my portfolio since I prefer to buy and sell almost everyday not just bitcoins but also alternative coins.

You're right, because if you do buy and sell cryptocurrency more especially bitcoin, you will not be able to keep account of the crypto you purchase or sell within some intervals, and more especially if you are a trader that is making profits everyday or anytime you trade also sell whenever you make a profit, because right now i could not remember the last transactions i made within the week because is not written down anywhere, except it's for those that is buying small amount of cryptocurrency can equally know the specifics values of crypto they purchase at a specific time.

[suzanne5223]

I don't set an average Bitcoin buying price but I always let the market trend be the reason behind every buying decision I make and what I am waiting for now is the blood bath that always happens after the Bitcoin halving effect.

               I really do not have an average number in my portfolio since I prefer to buy and sell almost everyday not just bitcoins but also alternative coins.

You're right, because if you do buy and sell cryptocurrency more especially bitcoin, you will not be able to keep account of the crypto you purchase or sell within some intervals, and more especially if you are a trader that is making profits everyday or anytime you trade also sell whenever you make a profit, because right now i could not remember the last transactions i made within the week because is not written down anywhere, except it's for those that is buying small amount of cryptocurrency can equally know the specifics values of crypto they purchase at a specific time.

I understand that we all have different impressions and desires about our investment but I don't think there's a certain crypto trader who can boldly say she prefers to buy and sell Bitcoin almost every day when the day trader even switch their trading decision to an altcoin at some point.

[Guljan78666]

I am enter in crypto world in  November 2020 when Bitcoin price is 15k and I buy some amount of Bitcoin and after this I am hold Bitcoin for long term and now I am seting approx 3x. I am not selling at btc ATH because my selling target is 100k and I hope btc achieve this target in the end of 2021.

[famososMuertos]

Actually for ordinary people, like me, the purchases of Bitcoin are still in two figures and hopefully in three, and I think that on average everyone is out there.

Someone may even make purchases of 3 and 4 figures at some point, it happens but it is rather the type of selling something else and investing in bitcoin.

[Sweetbtc]

For Daytrder like me its very hard to say what will be average. Although now a days i will prefer  30$-40k$ is my average buying price. If i found Btc  around 32k . i will diffinitely buy at this price for long term.

[tyz]

For Daytrder like me its very hard to say what will be average. Although now a days i will prefer  30$-40k$ is my average buying price. If i found Btc  around 32k . i will diffinitely buy at this price for long term.

The thread's creator question is about long-term hodling. In day trading you usually do not hold Bitcoins longer than a day to avoid surprises, especially when you do leveraging the trade. So your answer does not make sense and you should read the opening post properly before answering next time.