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  /  Stock   /  Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a 61.8% Return
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Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a 61.8% Return

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imageCryptocurrency15 hours ago (Aug 07, 2020 01:00AM ET)

Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a 61.8% Return

Researchers at Coin Metrics found that investors who dollar-cost averaged into Bitcoin (BTC) since the $20,000 peak in 2017 would still be profitable. According to researchers, an investor who continuously bought BTC over the past three years would have a 61.8% return.

Although the price of Bitcoin fell significantly from $20,000, there were extreme low points in 2019 and 2020. Investors who capitalized on these strong downtrends will easily be sitting on handsome profits today.

Continue Reading on Coin Telegraph

Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a 61.8% Return

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