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Author Topic: Dollar Cost Averaging Bitcoin  (Read 410 times)
HabBear (OP)
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February 19, 2017, 05:05:24 AM
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http://www.investopedia.com/news/how-do-bitcoin-investors-combat-price-volatility-gbtc-arkw/?partner=YahooSA&yptr=yahoo

*This article was published on Feb. 17, 2017.

Anyone dollar cost averaging bitcoin?

Among a few things this article talks about an IRA that allows for purchasing bitcoin AND they'll set up automatic purchases to allow the investor to dollar cost average their cost basis. Pretty mainstream talk here, i'm impressed!
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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February 19, 2017, 08:11:52 AM
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http://www.investopedia.com/news/how-do-bitcoin-investors-combat-price-volatility-gbtc-arkw/?partner=YahooSA&yptr=yahoo

*This article was published on Feb. 17, 2017.

Anyone dollar cost averaging bitcoin?

Among a few things this article talks about an IRA that allows for purchasing bitcoin AND they'll set up automatic purchases to allow the investor to dollar cost average their cost basis. Pretty mainstream talk here, i'm impressed!

It is what you would do while investing in any asset class. To make sure that you are not affected by volatility in the equity markets, you go in for systematic investment plans. Why should Bitcoin be any different, especially if you are investing serious money in it?

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