What is the average buy price of a crypto asset?

So, a $17,100 average buy price is still significantly higher than if you were to invest a lump sum of money during the highs of January 1st of 2021 and 2022. Once you’ve identified the crypto assets you want to invest in, it’s time to set up your personal DCA plan.

What is dollar-cost averaging (DCA) in crypto?

This is where dollar-cost averaging (DCA) in crypto comes into play. DCA lets you reduce the impact of volatility on your overall investment by investing in your target aset at predetermined intervals regardless of the market’s movement. This lets you average out your buy-in cost.

What is dollar-cost averaging?

Broadly, dollar-cost averaging means buying (or selling) the same dollar amount of an asset at regular intervals, disregarding short-term price movements – rather than buying (or selling) the entire lump sum when you think the market has bottomed (or peaked).

How much should I invest in my crypto portfolio?

Decide how much money you’re willing to allocate to your crypto portfolio. You don’t have to dream big. The average retail portfolio amounts to only $10,000. It may not be enough to retire, even in the crypto world,but it's just enough to make a huge difference for your finances.