They’re all using dollar cost averaging. I always thought the strategy was more like buying high and selling low.
AblaJordi said:
They’re all using dollar cost averaging. I always thought the strategy was more like buying high and selling low.
We could mix both strategies: buy in at the high price and sell out at the low price.
AblaJordi said:
They’re all using dollar cost averaging. I always thought the strategy was more like buying high and selling low.
Gotta keep raising that 59% over time.
AblaJordi said:
They’re all using dollar cost averaging. I always thought the strategy was more like buying high and selling low.
That’s how it works when you get too emotional and start gambling.
TLDR: Dollar Cost Averaging (DCA)
Ocean said:
TLDR: Dollar Cost Averaging (DCA)
DCA and relax.
Ocean said:
TLDR: Dollar Cost Averaging (DCA)
That shocked Pikachu face.
DCA monthly and check the charts every second
(Just kidding, don’t check every second, set up some alerts instead)
Daryn said:
DCA monthly and check the charts every second
(Just kidding, don’t check every second, set up some alerts instead)
But checking every second is the fun part.
DCA is a Kraken-approved strategy.
The survey also says people with lower incomes are more likely to try timing the market than use DCA.
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A Kraken survey shows 59% of crypto investors are using dollar cost averaging (DCA) as their main strategy. They buy regularly, no matter the price, to avoid making emotional decisions. The survey says people who earn more money feel more confident in sticking to this strategy, with 62.89% of those earning over $100k feeling solid about it, while only 30% of lower earners feel the same. Lower-income investors tend to try timing the market more often because of money issues.
This summary is auto generated by a bot and not meant to replace reading the full article. Always do your own research.
Buy high, sell low. Works like a charm.
Isn’t it sell low, buy high?
The good old ‘set it and forget it’ method. Works every time.