Missed the April post. Shit! Sorry about that. Was lazy or busy, probably both. Didn’t miss the stacking though, never will.
As usual, I squandered 500 units of dirty eurozone fiat per salary, April’s rate was ~50900 € / BTC and May’s rate ~48100 € / BTC. The total stack sits just above 3.9 BTC atm. Slowly but surely grinding towards four full coins. It’s gonna be a loooong next 0.1 BTC. But in time, it will come. And in time, it will be worth 100k and then 1 mil euros (talking about that next 0.1 BTC alone). So if you are reading this and believe to be late, slap yourself and start stacking. I could have cried ‘bohoo I’ll never be able to stack 10 coins, what’s the point to start anymore’ back in 2017.
I stack what I can and so should you.
Just about today I saw that Jason parabolic guy post a screenshot on Twitter where he stacked 2.5 million USD worth of Bitcoin or something ridiculous in a single purchase. Kinda puts you down to see stuff like that =D But then again, do you often ponder that since Elon Musk is worth $160 000 000 000 what’s the point of me becoming a millionaire? Maybe I’m trying to say don’t compare yourself to others. Compare yourself to your-earlier-self who has zero corn. Get that corn, be a better version of yourself! (or alternatively, compare yourself to that fucking annoying ‘friend’ who also has zero corn).
Time for some charts:
The orange line is my BTC stack, 3.5 years in, almost 4 full coins. The dashed line is the money put in, 500€ per month with a couple of exceptions (bonuses etc.), roughly 24k€ in total. The green line is my fiat net worth in euros, approaching 200k and shooting past it towards the next milestone any day now.
Here’s a bar chart representing every Bitcoin purchase I’ve ever made and the current profit on that purchase. Once a month, 44 in total. The best buy has +1500% on it, on average I’ve made +630% with every purchase.
The orange line is the performance of my Bitcoin savings strategy. The blue line is a corresponding performance of the default boomer savings strategy that is the S&P500. The performance for the money put in is almost 700% for my Bitcoin strategy compared with 42% with the S&P. Bitcoin is the best savings technology known to man. And S&P is standard and poor.
There’s a lot of alt confusion in the market atm. I already feel sorry for the noobs that get tempted by easy multiples (and ‘diversification’). Only to get brutally rekt in no time. Try to keep focus. Stack only sats. It’s all about sats. If you’re gonna switch some sats for shitcoin, understand that it’s still only about the sats, it’s just gonna be someone else holding your sats. So don’t lose your sats. Hold ’em.
-B
Twitter: @BitsterStacker
