The major advantage of Bitdroplet is that it allows you to systematically invest in Bitcoin, which is the highest returning asset the world has ever witnessed. Bitcoin’s dollar cost averaging has proved that compared to a bulk investment in Bitcoin, dividing the investment into small, regular instalments returns much more due to reduced impact of volatility leading to declining average buy price with time.
Let us have a quick analysis of the returns BTC has delivered over 2, 4, and 6 years, when invested in regular intervals. Considering the time of analysis as today, 12 November 2019, let us see what the valuation of regular instalment-based investments in Bitcoin of different time periods would look like today.
2 yearsLet’s say you have been investing Rs. 400 every week in Bitcoin till date for last 2 years (12 November 2017 to 12 November 2019). Then:
- Each Instalment = Rs. 400
- Frequency of Instalments = Weekly
- Total Number of Instalments = 96
- Total Investment = Rs. 38,400
- Current Valuation = Rs. 71,220
- Profit = 85.50 %
4 yearsLet’s say you have been investing Rs. 400 every week in Bitcoin till date for last 4 years (12 November 2015 to 12 November 2019). Then:
- Each Instalment = Rs. 400
- Frequency of Instalments = Weekly
- Total Number of Instalments (approx.) = 192
- Total Investment = Rs. 76,800
- Current Valuation = Rs. 7,97,982
- Profit = 939 %
6 yearsLet’s say you have been investing Rs. 400 every week in Bitcoin till date for last 6 years (12 November 2013 to 12 November 2019). Then:
- Each Instalment = Rs. 400
- Frequency of Instalments = Weekly
- Total Number of Instalments = 288
- Total Investment = Rs. 1,15,200
- Current Valuation = Rs. 23,74,079
- Profit = 1961 %
The number and figures recorded and mentioned here have been calculated using the real price trends in Bitcoin, and they actually represent the real valuation of an investment in Bitcoin.
Pretty apparently, a consistent weekly investment in Bitcoin for last 6 years returns a surreal 1961% profit, which looks believable only in the chapters of history books, not investments.
But it’s time we believed. Because Bitdroplet is here.