Just a quick update while we’re still on March, ‘normal’ post coming in April. The price for March stacking was ~22500 € / BTC which means I got another .022 BTC (with my traditional 500€ per month stacking budget) added to the stack that stands at around 4.30 BTC today. The total amount of fiat invested atm is ~35500€ (during 4.5 years), average price per coin ~8300€, +170% gains for the money put in. Charts with short descriptions below:
The orange line is the ever-increasing bitcoin stack (left axis), green line the corresponding fiat value of the stack (right axis), black dashed line the total amount of money put in (right axis).
The bars represent every bitcoin purchase I’ve ever made, once per month since October 2017. Brutal ‘returns’ for the most recent 2 years, but nevertheless managed to stack bitcoin the whole time, which is the most important thing.
The orange line is the performance of my ‘bitcoin retirement plan’. The blue line is the performance of an imaginary S&P investment plan with similar buys during similar dates. The S&P plan would have given +22% for the total money put in while my bitcoin plan has given me +170% for the money put in, nearly a 10x difference while still at more or less bear market territory in the price. I can only imagine how far behind bitcoin is gonna leave the standard (and poor) saving strategies during the next bull market.
That’s all for todays short update! Thank you and sorry, more next month!
-Bitcoin Retirement Plan
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