FUNDING:
INDUSTRY:
LEGISLATIVE ENGAGEMENT:
BTC CA 26,474.20 +0.09%
ETH CA $1,842.67 +3.11%
🔼 TOP GAINERS this week
🔽 TOP LOSERS this week
As of 10/23/2022 12:00 AM EST
For this observer, the most encouraging trend in Bitcoin (and–yes–’ crypto’) over the last year of ever-declining prices, has been the inversely concurrent (steadfast and relentless) engagement on the part of governments, institutions, and infrastructure providers (whether social media companies, banks or VC. And just to be clear–this is not a euphemism for negative regulation here, but quite the opposite–quiet institutional adoption and laying down of framework for a crypto-friendly future.
Indeed, as surely as crypto projects have been shedding market cap, many of the largest and most respected institutions in the world have been getting active in the space, wrapping their minds (and futures) around this concept of digital asset ownership and its implications.
Has this been happening in a good-time environment of peace and prosperity, in a world economy flush with easy money and liquidity vs. crippling debt? It has not. And while this has undoubtedly made ‘price’ a much less painful pill to swallow, if there’s a single other indicator that professes us “in the right place”–we haven’t found it.
Yours in Bitcoin, #Grateful for dollar cost averaging
Did you know you could set your Dollar Cost Averaging on Autopilot with the Ndax Recurring Purchase feature?
Dollar-cost averaging allows you to buy smaller amounts of an asset over a long period of time at different prices. As the cost of assets moves in a zigzag manner, investing at regular intervals allows you to buy an asset at an average price versus buying a huge chunk at one price point.
🕑 Invest consistently
Recurring purchases are an effective solution for traders looking to invest at an average price over a longer timeframe.
📈 Forget complex price movements
As more institutional and retail investors enter the crypto markets, prices of cryptocurrencies are gaining stability. However, you may still not want to take any significant risks with your money by trying to time the market.
💰 No need for a large sum of money
Investing a considerable amount at once is not possible for everyone. The dollar-cost average approach can be a good choice for investors looking to slowly enter the cryptocurrency market.
Upon login, Recurring Purchases are 6th from the top of the main left-hand menu/navigation bar.
Spearphishing, social engineering, malware–oh my! Are you aware of which common phishing red flags to look out for?
Here is a resource on how to stay vigilant of phishing attempts:
Disclaimer: This article is not intended to provide investment, legal, accounting, tax, or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.