Best time to buy Bitcoin? Dollar Cost Averaging explained (in 6o seconds)

Gabriel Tramble
Crypto in 60 Seconds
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”.

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Gabriel Tramble
Gabriel Tramble

Written by Gabriel Tramble

Bringing Blockchain Education to the real world. *not financial advice*