kaudo
Power Member
- Jan 9, 2015
- 580
- 857
Recently I started to average my crypto investment costs by buying smaller amounts (50-100 USD) weekly.
This is just an old strategy from stock markets applied now to cryptocurrencies (dollar cost averaging).
I feel like it is a good move, but I don´t feel I am doing it in a really smart way. What I do, is I just limit my weekly purchases to the above amounts but everything else (like when I do it, a day in a week or an hour in a day) is just my gut feeling.
What is your best practice? How do you do it?
This is just an old strategy from stock markets applied now to cryptocurrencies (dollar cost averaging).
I feel like it is a good move, but I don´t feel I am doing it in a really smart way. What I do, is I just limit my weekly purchases to the above amounts but everything else (like when I do it, a day in a week or an hour in a day) is just my gut feeling.
What is your best practice? How do you do it?
