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Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average

Published 07/02/2021, 05:05 PM
Updated 07/03/2021, 07:20 PM
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
BTC/USD
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Choppy markets have defined the crypto space since Bitcoin (BTC) sold off on April 19, and indecisive markets like these can test the patience and fortitude of even the most dedicated traders and analysts, especially when the incessant calls for a bottom are met with lower lows.

While the periods of low trading volume and whipsaw price movements may be the perfect conditions for whale-sized traders to play in, the average investor doesn’t stand a chance, especially with multimillion-dollar funds now beginning to get in on the action.

Graph illustrating positive BTC returns from dollar-cost averaging. Source: Coin Metrics
Bitcoin dollar-cost averaged portfolio over time. Source: CostAVG.com
Ether dollar-cost averaged portfolio over time. Source: CostAVG.com
THETA dollar-cost averaged portfolio over time. Source: Blockchaincenter.net

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