I plan to start dollar-cost averaging into Bitcoin, treating it as saving for my social security.
The plan is to buy 50 yuan worth of Bitcoin every day, regardless of whether it rises or falls, and to keep buying.
After calculating, in a year that would be 365 days multiplied by 50 yuan, which equals 18250 yuan.
If I stick to it for five years, that would be 18250 multiplied by 5, which equals 91250 yuan.
I will give myself five years to experience a bull and bear cycle and see.
I just want to know if this principal of 91250 can help me achieve my small goal of financial freedom in five years?