Sunday, July 31, 2022

Are Crypto Index Funds A Good Investment Right Now? | Ewpple

 

Ewpple | Income For Life

Ewpple - Are Crypto Index Funds A Good Investment Right Now?

"The ideal way to dollar-cost average is into a portfolio of index funds." - Benjamin Graham

  • Objective | Learn how to make money using Dollar-Cost Averaging.
  • In light of the current market conditions, when is the right time to enter the market?
  • There is no need to time the market.
  • In Dollar-Cost Averaging (DCA), an investor buys a fixed dollar value of index funds periodically (e.g. monthly).
  • The purchases must be made at regular intervals regardless of the asset's price or market conditions.
  • The DCA strategy eliminates the uncertainty of trying to hit the right price at the right time.

Ewpple DeFi Crypto Index Fund (EWD) gained +13%.
Benchmark index loss -5% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

If you are interested in Dollar-Cost Averaging (DCA) for making money, please do not hesitate to contact me.

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