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by janandonly 1591 days ago
With inflation at 7.5%, you lose half your money in 9 years.

The only way to outperform that consistently, that I have found, is to Dollar Coast Average: to buy small amounts of Bitcoin per day/week/month.

For example: if You start on 01/01/2019 and put in $10 every week, then by now you would have put $1630 into bitcoin. But there is the thing: the value of that stash of bitcoins today is .... $6,330.56

See how this fights inflation?

You can make your own calculations easily here: https://www.bitcoindollarcostaverage.com

1 comments

While I'm doing the same on a small scale for fun, I think it's important to mention that this is not some magic feature of Bitcoin, but just a speculative effect that works with any kind of asset, as long as its value grows disproportionally to the value of the currency you bought it in.

This only works as long as the price of Bitcoin (and other crypto currencies) "goes up". If it stagnates or drops, you can lose money, even more than the current inflation.

E.g. Calculating the Dollar Cost Average for the last year would show that you probably would have lost money, with a negative ROI of -11%.