Do this consistently and you will outperform 99% of the world, mentally, physically and financially. The DCA amount can varies based in personal preference. Yet it has to remain consistent.
How to build wealth slow and steady, without get rich quick schemes:
Buy $150 of Bitcoin per month for 30 years, 25% return
Your annual expenses are $60,000
You would have invested $54,000 in that 30 year period
In 2056, your portfolio would be worth ~$7.3M
You would have ~11.4M Satoshis
Your expenses would be up to $456K/year, up 660%
Your portfolio would have grown by 13,350%
It would cover you for 15.9 years of expenses at that point
You can also choose to increase the amount you invest and build your portfolio even bigger or retire much sooner!
You don’t need to throw $15K or $20K into Bitcoin to feel like you’re building something meaningful.
Stack a little.
Do it consistently.
Let time and compounding do the heavy lifting.
The cheat code for your 20s:
Stack assets before responsibilities stack on you.
Stacking as much as I can before I have a wife and kids that depend on me. It will all make sense then.