OV9

?

That's your original Nov 2015 model.

Sundayjumper wrote: Wed Nov 23, 2022 9:47 pm And how about starting five years ago ? Just for the sake of 5 being a nice number and that period covers plenty of volatility.

Invested $2,950
Value $4,318.61

edited because I can't count to 5

tim wrote: Wed Nov 23, 2022 9:51 pm

Sundayjumper wrote: Wed Nov 23, 2022 9:47 pm And how about starting five years ago ? Just for the sake of 5 being a nice number and that period covers plenty of volatility.

Invested $2,950
Value $4,318.61

edited because I can't count to 5

5 x 12 x $50 = $2,950 ??

well ok I started "investing" 1/11/2017.

Knock it back a month and the valuation is now $4,500

I was trying to get back to the effective APR you would have needed to match that investment if you had invested $50/month in something normal.

About 15% (before considering the crypto fees which I have absolutely no clue about).

If I can find minute data for FTSE100 or something more normal, would be interesting to compare.

Here's the spreadsheet, feel free to take a copy.
https://intonet-my.sharepoint.com/:x:/g ... g?e=zEFu17

tim wrote: Wed Nov 23, 2022 10:11 pm If I can find minute data for FTSE100 or something more normal, would be interesting to compare.

Here's the spreadsheet, feel free to take a copy.
https://intonet-my.sharepoint.com/:x:/g ... g?e=zEFu17

It might be easier to point your Bitcoin calc at the 4pm price point or whatever time the LSE closes, it probably won't make a huge difference, and then use FTSE100 closing prices, they'll be much easier to get hold of.

tim wrote: Wed Nov 23, 2022 10:11 pm If I can find minute data for FTSE100 or something more normal, would be interesting to compare.

Here's the spreadsheet, feel free to take a copy.
https://intonet-my.sharepoint.com/:x:/g ... g?e=zEFu17

You've missed December 2018 & July 2019 from the dates in column A

It's all wrong. No one sells Bitcoin because they know the pyramid will come crumbling down if they do, so the actual value now is £0.

Sundayjumper wrote: Wed Nov 23, 2022 10:21 pm

tim wrote: Wed Nov 23, 2022 10:11 pm If I can find minute data for FTSE100 or something more normal, would be interesting to compare.

Here's the spreadsheet, feel free to take a copy.
https://intonet-my.sharepoint.com/:x:/g ... g?e=zEFu17

You've missed December 2018 & July 2019 from the dates in column A

good spot. It looks like my data source has a hole between 15th November and 7th December 2018, and on 1st July 2019 which is annoying.

Edit: I've filled it in now from another source - doesn't change a lot of note

Officially a Crypto Bro now. I bought 0.0034865 BTC last night. Fully expect to retire after christmas on the profit.

Was that fifty quids worth last night?

Now £47.45 at time of typing

£49.00 through crypto.com (turns out using the mobile app you can buy at 0% fee in GBP really easily). I'm down 59p currently. Will survive.

That's nearly two Freddos

Should have waited for Broccers to tell you when to buy the dip, you’d be a millionaire.

Mito Man wrote: Thu Nov 24, 2022 12:52 pm Should have waited for Broccers to tell you when to buy the dip, you’d be a millionaire.

Everyone misses the rises sadly.

Broccers wrote: Fri Nov 25, 2022 12:32 pm

Mito Man wrote: Thu Nov 24, 2022 12:52 pm Should have waited for Broccers to tell you when to buy the dip, you’d be a millionaire.

Everyone misses the rises sadly.

including you by the sounds of it - otherwise you'd be telling us all the money you've made from buying crypto in these dips and selling when it rises.

Rich B wrote: Fri Nov 25, 2022 12:45 pm

Broccers wrote: Fri Nov 25, 2022 12:32 pm

Mito Man wrote: Thu Nov 24, 2022 12:52 pm Should have waited for Broccers to tell you when to buy the dip, you’d be a millionaire.

Everyone misses the rises sadly.

including you by the sounds of it - otherwise you'd be telling us all the money you've made from buying crypto in these dips and selling when it rises.

Of course!

Since it's payday I bought another £50 of BTC. Total investment is now £99 / 0.0070918 BTC.

I've had to tell Warren Buffet's secretary to stop calling me.

Purchasing fractions of a discrete thing seems fraught with risk to me, but hey - you can only lose £99. Provided you stop putting money into it now.