When Is Dollar-Cost Averaging Not Suitable For Crypto Index Funds? | Ewpple

 

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Ewpple - When Is Dollar-Cost Averaging Not Suitable For Crypto Index Funds?

"The investor who attempts to time the market has historically failed to beat the investor who uses a dollar-cost-averaging strategy—making incremental investments on a regular schedule over time." - John Eugene Blount

Dollar-cost averaging is a systematic approach to investing in premium quality crypto tokens and index funds. The goal is to accumulate a substantial financial asset through regular purchases. Dollar-Cost Averaging is inappropriate for …

• all non-blue-chip cryptocurrency tokens,
• short-term trades,
• and average-down strategies.

Warning
It is never a wise idea to average down a losing asset. It is better to cut losses and switch to a quality broad-based Crypto Index Fund instead.

Ewpple DeFi Crypto Index Fund (EWD) lost -8%.
Benchmark index lost -16% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

You can still earn money even if you don't know when or what crypto token to buy. Would you like to know how? Feel free to contact me.

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