Little BITCOIN HODLING CHALLENGE!

What's new?

In my @finacialgoals2021, I argued that one of my goals was to start accumulating BTC.

My financialgoals2021 post: @queengaga/my-financial-goals-2021-yeah

I started to make my first purchases of BTC in 2019 and accumulated about 0.4 BTC. In 2020 I distributed my bitcoins in other currencies until I was at 0 BTC.

I have seen the value of Bitcoin quadruple since I stopped owning this currency, including the spectacular rise in the last two weeks. I have never seen a bull run like this before. And I have been left with the "bug" of accumulating BTC.

After the last few days, we have seen BTC hitting all-time highs on the charts day after day. Today it seems that it has corrected the price a little. The price has fallen to ~10K in just one day...

That is why I wanted to explain, that I take advantage of this drop to embark on a challenge that was proposed by @resiliencia and @empoderat.

About a month ago these well-known users exposed the idea of starting to accumulate small amounts of bitcoin with the main purpose of accumulating for an indefinite season. I have been following their publications these last weeks and both seem to have obtained good results. Between them they agreed to make weekly purchases of between $50~200 in a "holding wallet" as discussed in the following posts.

Is this a good time to accumulate BTC?

<< Another topic question... >>

IT IS ALWAYS A GOOD TIME to accumulate BTC whatever the price.

THIS IS MY TURN

<< MY LITTLE BITCOIN HODLING CHALLENGE >>
That's why I'm willing to accumulate it a little bit every week. I will adjust the amounts at my free disposal. In principle, I plan to invest a minimum of $20, and up to $100 whenever I get the fever of the FOMO.

I will report my progress weekly. I will display my data on a spreadsheet, as well as displaying @resiliencia and @empoderat.

Proposal of the movement:
@resiliencia/dollar-cost-averaging-with-bitcoin-episode-1
@empoderat/bitcoin-hodling-challenge-introduction

I will experience this form of accumulation over a period of time indefinitely. The aim is to get better results from my portfolio.

Anyway, I'm getting on the boat of it guys. I hope that you will encourage us to follow this challenge and that we will be more and more.

Thanks for reading me. ;)