Dollar cost your crypto

in #bitcoin6 years ago

Believing in cryptocurrency is something that is growing among people of different ages , lifestyles and actions.

The recent drop in price like a coconut from a tree is definitely that is scary to a lot of new investors. However, the best thing about cryptocurrencies is the fact that they are not just something that is fading away any time soon, instead, it is gaining traction from many different setups, institutions and organizations.

This means for new investors, investing in crypto or for example bitcoin is better done on a dollar cost averaging.

Dollar cost averaging buying means that you buy a fixed or certain amount of dollars in bitcoins or any crypto of your choice weekly/monthly or as your choose. This means you wont focus on the price of btc at any particular point in time.

This gives more peace of mind, leveraging and minimizing loss and unnecesaary stress.

This is my piece of advice for all.

Have a great week friends.

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