Best time to buy Bitcoin? Dollar Cost Averaging explained (in 6o seconds)
Published in
1 min readMay 6, 2020
‘Dollar Cost Averaging’ is a simple and low risk strategy to purchase Bitcoin without having to time the market. It is the process of buying an asset with a fixed amount over a time period (ex. $10 weekly). Timing the market can be very difficult, risky, and time consuming. Coinbase says, “over the past 5 years, buying Bitcoin every week performed better than trying to time the market 82% of the time”.