Morgan Creek founder: if investors buy $ 10 a week in bitcoin starting in 2019, they will now make a 49% profit

Morgan Creek founder Anthony Pompliano recently tweeted that if investors buy $ 10 a week in bitcoin starting in 2019, they will now make a 49% profit. Although the situation was bad in 2018, the cost averaging strategy worked during the worst of the bear market. If users buy $ 10 worth of bitcoin per week starting in early 2018, they will currently make a profit of 27%. If you spend $ 10 a week on Bitcoin starting in early 2017, you will make a 156% profit. This data shows the strength of Bitcoin as a long-term investment. Given the recent market turmoil and apparent panic, it is important to keep in mind the view of long-term investment. With bitcoin halving approaching in May 2020, next year may be particularly noteworthy. Note: The cost averaging strategy refers to the strategy in which investors invest in stocks in batches at different prices according to a predetermined plan in order to dilute costs in the event of an accident, thereby avoiding a one-time investment that may bring greater risks.