Coinbase Learn: When is the best time to invest in crypto?

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3 years ago

Cryptocurrencies like Bitcoin can experience daily (or even hourly) price volatility. As with any kind of investment, volatility may cause uncertainty, fear of missing out, or fear of participating at all. When prices are fluctuating, how do you know when to buy? In an ideal world, it’s simple: buy low, sell high. In reality, this is easier said than done, even for experts. Instead of trying to “time the market,” many investors use a strategy called dollar-cost averaging (or “DCA”) to reduce the impact of market volatility by investing a smaller amount into an asset — like crypto, stocks, or gold — on a regular schedule. DCA might be the right choice when someone believes their investments will appreciate (or increase in value) in the long term and experience price volatility on the way there. ► Learn more about Dollar Cost Averaging here: https://www.coinbase.com/learn/tips-and-tutorials/dollar-cost-averaging ► Visit Coinbase here: https://www.coinbase.com/about ► Learn more about our mission at Coinbase here: https://www.coinbase.com/mission ✅ Subscribe to our channel here: https://www.youtube.com/channel/UCofTOFX4QuhT8OY-3-fFRFw/?sub_confirmation=1 ► Follow us on Twitter: https://twitter.com/coinbase ► Like us on Facebook: https://www.facebook.com/coinbase/ ► Find us on Instagram: https://www.instagram.com/coinbase/ __ This content is being provided to you for informational purposes only. Nothing discussed in this video is intended to be investment advice. This content, and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content. #Coinbase #Cryptocurrency #CoinbaseWallet #CryptoExplained #DeFi #Blockchain #CoinbaseExchange #CoinbaseApp #OpenFinancialSystem #CryptoForAll #Finance #DCA #CryptoInvestiing

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