Systematic Investing in Cryptocurrencies: DCA Strategy.
Hey guys.
I decided to make an experiment and invest in cryptocurrencies at 70$ per week, ie every day just 10$.
For the purpose of this column, I allocate $10 each day to invest in cryptocurrencies, but make purchases once a week for $70. Using a value averaging (DCA) strategy, I aim to minimize risk and smooth out the impact of volatility on the market. The portfolio will be publicly available for you to follow.
Keep an eye out for updates every week where I will explain in detail the asset selection based on:
- Project prospects
- Market news
- Technical and fundamental analysis
- Interest of large investors
We will learn how the DCA method works in practice!
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Stay tuned. #DCA