Businessinvestingstacking sats

Stacking Sats: How Small Weekly Investments Can Offer Decent Returns

“Stacking Sats,” or purchasing small amounts of bitcoin over long periods of time, can pay off.Sats, short for Satoshi, are the smallest subunit of a bitcoin, which is divisible up to eight decimal places. “Stacking Sats” has become a common term in the Bitcoin community for building your holdings by purchasing small amounts of bitcoin at a time.Investing in bitcoin may seem daunting at times. Not only are there constant price fluctuations, but with a single bitcoin exceeding $55,000, it may seem as if you’ll never be able to build a decent-sized investment. To illustrate the power of “Stacking Sats,” I created the following infographic:Image via Bitcoin MagazineThe idea is fairly simple, purchase small amounts, when you can, and slowly accumulate a decent position. Had you purchased just $5 worth of bitcoin a year ago, on March 29, 2020, when bitcoin was trading at $6,245, and continued purchasing $5 worth of bitcoin every Monday for the next year, your holdings would be 0.02030253 BTC, worth roughly $1,184, having only investing $260 over the course of a year.Of course, over the past few months, there has been a bull run in the bitcoin market, with bitcoin reaching new all-time highs as more institutional investors have started to embrace bitcoin, and the rapid increase in value has prompted more people to consider bitcoin as an investment. This has affected the price and returns displayed in the image above.Investing in bitcoin is a long-term endeavor and short-term price movements should not deter you from pursuing an …
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