A recent Kraken survey concluded that 83% of cryptocurrency investors use the dollar cost averaging method to purchase cryptocurrencies, and 59% of respondents said it was their primary investment strategy.
As survey participants pointed out, the dollar cost averaging method, often referred to simply as DCA, is an investment strategy that requires exposure to assets through multiple purchases over a period of time, rather than buying all assets at once.
Kraken Survey: 83% of Crypto Investors Use Dollar Cost Averaging to Buy Cryptocurrencies
2024-10-08 21:02:56
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