Cost Averaging for Crypto Investments and How to Use It in This Bear Market

in hopdh •  2 years ago 

Dollar-cost averaging is an investment strategy used in crypto and stock markets where investors buy an asset or a group of assets at regular intervals, resulting in lower overall costs.

Dollar-cost averaging removes emotion from investments and focuses on contributing a certain amount of funds over a period of time regardless of the value of the assets.

Whatever the current value of Bitcoin, Etherium, XRP, or any other cryptocurrency, an example of dollar-cost averaging for crypto is that you can buy -1 50-100 cryptocurrency per paycheck (every two weeks).

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