#SmartInvesting"

10 Rules of Investing in Crypto2. Use Dollar-Cost Averaging

Use dollar-cost averaging for crypto, which is making small, recurring purchases on a set schedule, such as weekly or monthly. Automate these purchases through an exchange rather than buying manually each time.

Dollar-cost averaging allows you to methodically build a position while avoiding the psychology of trying to perfectly time market tops and bottoms. As a result of the trend of continuous price increases, the value of the assets you buy will rise over time, reducing the impact of volatility. You can also consider occasionally making opportunistic extra purchases when the market dips significantly.