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Topic: Dollar Cost Averaging Bitcoin (Read 433 times)

legendary
Activity: 1232
Merit: 1000
February 19, 2017, 04:11:52 AM
#2
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?
hero member
Activity: 1106
Merit: 637
February 19, 2017, 01:05:24 AM
#1
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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