According to crypto exchange Kraken, almost 60% of the over 1,000 surveyed crypto investors use DCA as their main investment strategy.
Crypto investors mostly favor dollar-cost averaging (DCA) when buying into the market, a survey by crypto exchange Kraken has found.
Around 83.5% of investors had used a DCA strategy, and 59% still use it as their primary way to buy crypto, according to Kraken’s survey of 1,109 crypto investors published on Oct. 7.
Dollar-cost averaging involves buying an asset at regular intervals, such as once a month, regardless of price — which Kraken’s researchers claimed can “reduce the impact of short-term price volatility and remove emotions that can cloud judgment.”
