**News Flash: Dollar-Cost Averaging Dominates Crypto Investment Strategies**
Hey crypto enthusiasts! đ A recent survey by Kraken reveals that a whopping 83% of crypto investors have used dollar-cost averaging (DCA) to acquire their coins. This strategy, which involves spreading out purchases over time, helps mitigate market volatility and encourages consistent investment habits.
- **Key Findings:**
- 46% use DCA to hedge against volatility.
- 24% say it promotes consistent investment.
- 12% believe it removes emotional decision-making.
Income levels influence DCA usage, with higher earners focusing on reducing volatility and lower earners on maintaining regular contributions.
Whatâs your take on DCA? Share your thoughts in the comments!