Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[JayJuanGee]

...

I did a few calculations on dcabtc.com:

Wow! Buying $5 of Bitcoin every week for 1 year starting on 2011-03-21 would have turned $265 into $407 (+53%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2012-03-21 would have turned $265 into $1,749 (+560%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2013-03-21 would have turned $265 into $1,010 (+281%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2014-03-21 would have turned $265 into $182 (-31%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2015-03-21 would have turned $265 into $373 (+40%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2016-03-21 would have turned $265 into $417 (+57%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2017-03-21 would have turned $265 into $710 (+167%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2018-03-21 would have turned $265 into $194 (-26%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2019-03-21 would have turned $265 into $211 (-20%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2020-03-21 would have turned $265 into $1,230 (+364%)

Seems to be a similar point that I was trying to make in my post (and yeah, you beat me to it Loycebot), but actual real world examples showing the variance.

but that is dca for a year with zero hold after the year.

First off.. I fixed your quote because it was Loyce who had quoted those examples and I responded to him.

Second, Loyce probably gave one year long examples because the infographic was seeming to do the same.. to pick the last year, but not likely a very representative year  - in the event that any of us were to want to measure 1 year's performance at a time.

if you dca 5 a day in 2011 turning the 265 into 407 a year later in 2011 and just hodl till now you would have over 4 usd million worth of BTC.

$407 in 2012 march 21 was how many btc ? about 81 btc so 81 x 50k = 4 million +

Fair point.

so dca and hold  for 1 year has not always worked as a profit for that 1 year so what.

how about dca for 3 years hold the coin

so
2011 to 2014 795 in and what out at end of 3 years
2012 to 2015 795 in and what out at end of 3 years
2013 to 2016
2014 to 2017
2015 to 2018
2016 to 2019
2017 to 2020
2018 to 2021

any of those 3 would be really fucking good  

on second thought maybe march 21 2017 to march 21 2020   could be weak

Seems to me that a lot of people (including yours truly) have been suggesting at least a minimum of a 4-year long investment period.

Of course, anyone could get lucky in a shorter than 4-year investment period of time, but if any of us is attempting to play longer term rather than luck, then we should be shooting for the 4-year - full cycle - minimum... and so presenting it as a 3 year question seems to leave a bit more uncertainties about whether you may or may not be in profits at that time and you may or may not be sufficiently in profits to really be representative of a whole cylce.

If anyone is able to consider 10 years or longer as their investment timeline then such persons are likely even in a better place to be able to be advantaged from compounding values.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

...

I did a few calculations on dcabtc.com:

Wow! Buying $5 of Bitcoin every week for 1 year starting on 2011-03-21 would have turned $265 into $407 (+53%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2012-03-21 would have turned $265 into $1,749 (+560%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2013-03-21 would have turned $265 into $1,010 (+281%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2014-03-21 would have turned $265 into $182 (-31%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2015-03-21 would have turned $265 into $373 (+40%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2016-03-21 would have turned $265 into $417 (+57%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2017-03-21 would have turned $265 into $710 (+167%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2018-03-21 would have turned $265 into $194 (-26%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2019-03-21 would have turned $265 into $211 (-20%)
Wow! Buying $5 of Bitcoin every week for 1 year starting on 2020-03-21 would have turned $265 into $1,230 (+364%)

Seems to be a similar point that I was trying to make in my post (and yeah, you beat me to it Loycebot), but actual real world examples showing the variance.

but that is dca for a year with zero hold after the year.

First off.. I fixed your quote because it was Loyce who had quoted those examples and I responded to him.

Second, Loyce probably gave one year long examples because the infographic was seeming to do the same.. to pick the last year, but not likely a very representative year  - in the event that any of us were to want to measure 1 year's performance at a time.

if you dca 5 a day in 2011 turning the 265 into 407 a year later in 2011 and just hodl till now you would have over 4 usd million worth of BTC.

$407 in 2012 march 21 was how many btc ? about 81 btc so 81 x 50k = 4 million +

Fair point.

so dca and hold  for 1 year has not always worked as a profit for that 1 year so what.

how about dca for 3 years hold the coin

so
2011 to 2014 795 in and what out at end of 3 years
2012 to 2015 795 in and what out at end of 3 years
2013 to 2016
2014 to 2017
2015 to 2018
2016 to 2019
2017 to 2020
2018 to 2021

any of those 3 would be really fucking good  

on second thought maybe march 21 2017 to march 21 2020   could be weak

Seems to me that a lot of people (including yours truly) have been suggesting at least a minimum of a 4-year long investment period.

Of course, anyone could get lucky in a shorter than 4-year investment period of time, but if any of us is attempting to play longer term rather than luck, then we should be shooting for the 4-year - full cycle - minimum... and so presenting it as a 3 year question seems to leave a bit more uncertainties about whether you may or may not be in profits at that time and you may or may not be sufficiently in profits to really be representative of a whole cylce.

If anyone is able to consider 10 years or longer as their investment timeline then such persons are likely even in a better place to be able to be advantaged from compounding values.

It is why I picked 3 years.
loyce clearly shows some 1year dca plans ie 1 and sell lost.

I checked 4 years already and all 4 x 265 = 1060 in sell on the end of year four make good returns every one is over 4x

So after seeing the 1 year data have some losers and I quickly eyed 3 years and thought that every 3 year plan should do really well. at least 2x on 1060

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

stopping buddies streak. he dropped back under 51k and must be disciplined.

[ChartBuddy]

Explanation

[Biodom]

..funny..."he" listened.

$45K, 50K or 60K on Dec 31?

I hope for 58K 

[shahzadafzal]

cinquanta

 

 cinquanta!

Cinquanta!

Wow amazing love you bro…10/10!!!

But I think I need my laptop to wear it because I tried from my phone (iPhone) and it’s coming with white background.

(Btw why iPhone doesn’t support pngs or transparent backgrounds overall?).

[El duderino_]

[ChartBuddy]

Explanation

[xhomerx10]

cinquanta

 

 cinquanta!

Cinquanta!

Wow amazing love you bro…10/10!!!

But I think I need my laptop to wear it because I tried from my phone (iPhone) and it’s coming with white background.

(Btw why iPhone doesn’t support pngs or transparent backgrounds overall?).

  Glad you like it!  Sorry I can't test on the iPhone because I don't currently have one but the transparency seems to work in windows and on my android phone.

[Syke]

Wow amazing love you bro…10/10!!!

But I think I need my laptop to wear it because I tried from my phone (iPhone) and it’s coming with white background.

(Btw why iPhone doesn’t support pngs or transparent backgrounds overall?).

GIMP says transparent background.

[ChartBuddy]

Explanation

[siera]

https://youtu.be/lhQjGsBu3hc

[ChartBuddy]

Explanation

[PoolMinor]

..funny..."he" listened.

$45K, 50K or 60K on Dec 31?

I hope for 58K 

Could be a good new poll question.


$57,235