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Author Topic: Santa is in town? Price upswing!  (Read 2169 times)
notme
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December 22, 2011, 02:59:01 PM
 #21

I want the price to go way back up. I bought 7btc for $100 when I first started. Uggh....

If you would have bought an additional $100 worth at $3, you'd have 40.3 BTC with an average price of $4.95.... not too bad.

If you would have bought an additional $100 worth at $2, you'd have 57  BTC with an average price of $3.5... currently in the money Smiley.

Dollar cost averaging ftw.  It will probably be back to $14, but I wouldn't count on it this year Wink.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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December 22, 2011, 03:39:42 PM
 #22

I want the price to go way back up. I bought 7btc for $100 when I first started. Uggh....

If you would have bought an additional $100 worth at $3, you'd have 40.3 BTC with an average price of $4.95.... not too bad.

If you would have bought an additional $100 worth at $2, you'd have 57  BTC with an average price of $3.5... currently in the money Smiley.

Dollar cost averaging ftw.  It will probably be back to $14, but I wouldn't count on it this year Wink.
Maybe next year.
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