If you’ve consistently stacked Bitcoin through daily recurring buys until today, congratulations! Your investment has officially turned a profit, according to a new analysis. 

A tweet by Bitcoiner @w_s_bitcoin (also known as “Wicked”) on Monday highlighted a “weighted average cost of purchased Bitcoin” chart that shows that investors who continue to “dollar cost average” (DCA) into the largest crypto asset can now call their strategy a success, no matter when they started to invest. 

DCA is a strategy where investors put a fixed amount of money into a stock or cryptocurrency at regular time intervals, irrespective of the changes in the asset’s price. The practice is meant to reduce the stress and complexity involved with timing a notoriously volatile market, and is often encouraged by prominent Bitcoiners as a wiser alternative to active trading. 

According to the chart, the weigh

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Author: Andrew Throuvalas

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