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Dollar-Cost Averaging: Taking the Emotional Volatility Out of Crypto Investing
How to avoid unnecessary stress when investing in volatile assets
The Crypto Market Is an Emotional Roller Coaster
I remember buying my first fraction of a Bitcoin right after the peak of the crypto bull market in January of 2018. Of course, when I first entered the space, I had little idea of what I was doing and was oblivious that the joyride of the bull market was about to end. The FOMO was all too real though and I kept buying thinking the price would quickly regain its all-time high and then surpass it. Much like the other crypto noobs that bought around that time, I had no idea what a painful ride I was in for throughout the rest of 2018.
However, this also presented an opportunity to learn more about the crypto space and how to become a better investor (or gambler depending on how you view it) which is exactly what I sought out to do as the bear market dragged on. As I learned more about crypto and blockchain technologies, I realized that the fundamentals were incredibly favorable, undervalued, and still poorly understood by the masses. In other words, regardless of the price of Bitcoin or any other crypto, we were still very early in terms of technological adoption of crypto and…
