If you buy Bitcoin weekly since the beginning of this year, the return on investment can reach 49%.

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If you buy Bitcoin weekly since the beginning of this year, the return on investment can reach 49%.

If you regularly invest a fixed amount in Bitcoin each week this year, you could achieve a return of nearly 50%. Impressive statistics suggest that buying Bitcoin through dollar-cost averaging may be a wise choice.

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Is it better to invest in a "dollar-cost averaging" strategy instead of a lump sum investment? Timing a lump sum investment requires catching the market at its low point. However, data shows that consistently buying Bitcoin over longer periods can yield substantial returns for investors.

Bitcoin long-term supporter and co-founder of asset management firm Morgan Creek Digital, Anthony Pompliano, pointed out on Twitter that purchasing $10 worth of Bitcoin weekly in 2019 would have resulted in a 49% return.

Source : @APompliano

A report indicates that even in a bear market like 2018, the dollar-cost averaging strategy can be effective. Buying $10 worth of Bitcoin weekly since early 2018 would have resulted in a 27% return.

Source : @APompliano

Furthermore, higher returns can be achieved if traced back to 2017. Buying $10 worth of Bitcoin weekly since early 2017 would have yielded a 156% return.

Source : @APompliano

These are undoubtedly impressive statistics that highlight Bitcoin's strength as a long-term investment. More importantly, based on long-term investment principles, regular investments can still be profitable even during the worst bear markets like in 2018.

Recently, the cryptocurrency market has been experiencing a general decline, with Bitcoin dropping an average of $110.43 daily since October 25th. However, today it surged from $6,600 to the current $7,250, marking a nearly 10% increase in less than 12 hours.

In fact, Bitcoin has shown remarkable growth over its 10-year existence. Considering all factors, long-term investors are not swayed by extreme fluctuations and do not rush to sell Bitcoin, as the long-term trend indicates continued growth. With next year's halving event in May, it will be a focal point for the crypto community.

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