PRESS RELEASE. A weekly Bitcoin investment of just $60 can deliver a return of 510.13% or more in five years. That’s the bottom line from a study of historical BTC prices conducted by Kriptomat, an Estonia-based cryptocurrency platform serving customers in Europe and worldwide.
Kriptomat Study Demonstrates Dramatic Growth of Small BTC Investments Over Time
This article was published more than a year ago. Some information may no longer be current.
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Press release
The study measures long-term returns from the Kriptomat Recurring Buy tool, which allows customers to define a schedule of crypto purchases to be executed in the future.
Kriptomat used historical BTC price data to calculate portfolio value after five years of $60 weekly purchases starting in May 2017. The total investment of $15,660 yielded a portfolio value of $95,547.11 – a 510.13% return on investment.
For investors who aren’t wealthy – yet
The Kriptomat study demonstrates that it is possible for everyday people to achieve major financial goals even if they don’t start with a lot of money to invest.
Berkshire Hathaway CEO Warren Buffett is notoriously pessimistic about the crypto market, but he agrees that a schedule of small purchases is the best long-term investing strategy for most people. Applied consistently, Buffett says, it allows busy people without investment experience to beat day traders who try to time their transactions to coincide with market highs and lows.
Millions of people have followed Buffett’s advice and used scheduled small investments to make major purchases, pay children’s education costs, and establish retirement funds.
DCA: How recurring purchases build wealth
Buffett’s investing strategy is known as dollar cost averaging, or DCA. It delivers three major benefits to everyday investors.
- DCA means investors don’t need to time purchases based on predictions about rising and falling prices. Even the most experienced investment advisors bungle those predictions much of the time. With DCA, investors make the same purchase every week or every month regardless of prices.
- DCA minimizes the impact of market volatility. DCA investors don’t risk financial disaster by making a big purchase just before prices crash.
- And DCA doesn’t require a big investment fund. It’s hard to come up with a lot of money to make a big Bitcoin purchase. But many investors find that they never miss the $100 to $200 per month that they use for DCA portfolio-building.
About the Kriptomat DCA tool
Kriptomat has made the power of dollar cost averaging available to everyday people with its Recurring Buy feature, which allows everyday people to build substantial crypto portfolios gradually – even if they start without a big investment fund.
Kriptomat has recently added Visa and Mastercard support to Recurring Buy. That means customers can define a series of weekly, bi-weekly, or monthly crypto purchases and Kriptomat will execute the transactions on their behalf automatically, charging the purchases to their credit or debit cards.
Kriptomat doesn’t charge any fees or enrollment costs for using the Recurring Buy program. Nor are funds locked away. Customers can withdraw funds from the Recurring Buy program whenever they like without facing fees or penalties.
Recurring purchases can be set up in seconds at the Kriptomat website or mobile apps for iOS and Android.
Tools for everyday investors
Recurring Buy is just one of the advanced investing tools that Kriptomat makes accessible to everyday people and first-time investors. Other Kriptomat features include automated transactions, price notifications, the KriptoEarn passive income solution, and KriptomatPay, a tool for freelancers, entrepreneurs, and influencers who wish to receive crypto payments.
Kriptomat’s business-to-business tools include the KriptoRamp crypto onboarding widget and Crypto Exchange White Label API. Both of these tools are intended to help blockchain-based Web3 applications and services onboard users by giving them an easy, on-site way to buy and sell cryptocurrency.
About Kriptomat
Founded in 2018, Kriptomat has revolutionized the cryptocurrency world with the introduction of the simplest platform in Europe. Kriptomat makes digital finance so simple that everybody everywhere can access the freedom, fairness, and fulfillment that crypto represents. Hundreds of thousands of customers across Europe and in 120 countries worldwide trust Kriptomat when they buy, sell, swap, earn, share, and invest in crypto.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
