A recent survey by Kraken reveals that a significant 83.53% of crypto investors have used dollar-cost averaging ( DCA), with 59% employing it as their primary investment strategy. The survey, which polled 1,109 crypto investors, delved into the real-world effectiveness of DCA in helping investors manage market volatility and avoid emotional decision-making. Interestingly, younger investors (18-29 years old) show a greater tendency to time the market, while higher-income investors (earning over $100,000) display more confidence in sticking to their investment plans despite market fluctuations. Furthermore, nearly three-quarters of all crypto investors monitor the crypto markets more closely than traditional ones, highlighting the pervasive influence of cryptocurrency in modern investing.
Kraken Survey Reveals 59% of Crypto Investors Favor Dollar-Cost Averaging
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