The age-old advice goes, “If you stop buying a coffee every day and invest that money instead, you’d be rich.”
While giving up your daily coffee might seem unthinkable, let’s see what would happen if you invested that money in Bitcoin instead.
Let’s say each coffee costs $5 (US average is $4.90 but I have rounded up for ease), and you’re a buying five per week. That’s $25 per week and $100 per month. This might be a modest estimate for some and an extravagant one for others.
Over the last 10 years, you would have dollar-cost averaged a whopping $13,125 into coffee.
Had you invested this amount in Bitcoin, you would now have 9.341870 BTC, worth approximately $603,303.58. But let’s be honest, dollar-cost averaging Bitcoin wasn’t always as accessible as it is today.
Let’s take a more realistic look at the past 4 years, assuming the same coffee expenditure.
In 4 years, you would have spent $5,300 on coffee.
If you’d invested this amount in Bitcoin, you would now have 0.171384 BTC, worth around $11,068.10.
That’s a 108.832% increase.
Want to have a go at calculating it? Enjoy, you can thank us later…
This article is for information and education purposes only and is not intended as promotional material in any respect. All posts are the opinion of the author and should not be construed as investment advice and the opinions expressed do not necessarily reflect the views of The Bitcoin Collective Ltd.