Comment
Author: Admin | 2025-04-28
Hold, Diversify, you let go of the pressure of choosing one promising crypto to invest in.You may need to think about allocating your money appropriately into crypto based on their volatility. It’s generally better to put a larger chunk of your funds on less volatile cryptosSince you’ll be holding the asset for a long time, timing is not a big concern. Strategy #3: Dollar cost averaging (“Set & Forget”) Dollar cost averaging (DCA) is the most optimal strategy when it comes to putting less pressure on all three investing decisions (remember: asset, volume, and timing). Here’s the gist of it. Instead of investing all your investment funds at once, you invest at regular intervals. You buy crypto with the same dollar cost until you use up all your investment funds. DCA can be particularly powerful if you are investing for the long term as it may help take out the price swings as you might get some at a higher price one week and a lower the next. Over time, you end up buying at an average price (hence “Dollar Cost Averaging”). This means you will be in a profitable position if the market price is higher than the average buy price. Here is an in-depth explanation behind Dollar Cost Averaging — Is Dollar Cost Averaging a Good Investment Strategy? Automate your Dollar Cost Averaging investment by using our Auto Buy feature. Create a recurring payment from your bank, with a reference code that we use to prepare your order automatically. Autobuy templates that prepares and executes your order automatically. Key takeaways: With Dollar Cost Averaging, you don’t have to be too concerned about timing. Combining this with portfolio diversification, and you stop putting pressure on choosing the one best crypto asset to invest in. DCA also puts less pressure on yourself as you can slowly ease into a larger and larger investment size. Since you won’t be putting down all your investment funds at once, you will maintain some cash in hand. Strategy #4: Regular yield In the world of crypto, there are various ways of earning a regular return or yield. There are primarily four ways to do this: Lending Staking Running a node Joining a mining pool Crypto lending Trading is big business in the crypto space. Some traders need to borrow more capital to multiply their profits from a relatively small movement in price. You can offer to loan your crypto or stablecoins to these traders for a fixed interest rate. You get regular returns, traders get their capital at a fixed rate — everybody wins! Crypto staking Staking is the act of depositing your crypto into a special “staking wallet”, with the aim of securing
Add Comment