New to the Blockchain.com Wallet: Recurring Buys

James Pettinger
@blockchain
Published in
2 min readNov 22, 2021

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We’re excited to introduce Recurring Buys in the Blockchain.com Wallet. You can now set automatic daily, weekly, biweekly, and monthly purchases.

Why does this matter?

Timing the market can be tricky. This is why many smart investors use a strategy called Dollar Cost Averaging. It’s pretty simple. Instead of investing in one lump sum, you spread your investments across a series of recurring buys.

When the price goes down, you buy more. When the price goes up, you buy less.

This reduces the risk that a near term drop in price will affect your entire investment. It also takes the emotion out of investing by using a rule-based approach to purchases.

But does it work?

Over the past 5 years, buying Bitcoin every week performed better than timing the market 82% of the time.

With our new Recurring Buys feature, you now automate this popular strategy directly in your Blockchain.com Wallet.

Log in to your Wallet and follow these simple steps to set a Recurring Buy today.

Note: Recurring Buys are currently available on Web and Android. Support for iOS is coming soon.

IMPORTANT NOTE:

Past performance is not a guarantee of future performance.

Digital asset markets are unregulated and not currently governed by any specific UK, European or US regulatory framework. Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.

Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.

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