Effect of dollar-cost averaging for cryptocurrencies during a crash market - Important knowledge of cryptocurrency that beginners can learn - Navi+ - GogoJungle | Auto Trading - Market Analysis

Effect of dollar-cost averaging for cryptocurrencies during a crash market

The market remains sluggish as ever

and continues to be in a depressed state.

NEM refunds have started,

money from Coincheck is being moved to Zaif in Japanese Yen,

and the timing to invest has arrived.

Although NEM was 48 yen,

it has fallen to 38 yen now.

From a rushed buying timing,

I am also taking on some losses.

That said, I’m not worrying about it much

though.

The G20 summit will be held on the 20th,

and cryptocurrency regulation is scheduled to be discussed.

However, the actual minister Aso will be absent...

He is a person who is positive about cryptocurrencies,

so I’d like to have expectations.

I believe the impact (G20) will have on the current market

is present.

This time, including the 2018

January to March crash market

If you had invested in Bitcoin over a year through dollar-cost averaging,

what kind of result would you have seen?

I examined it.

Based on the results, not taking any risks

appears to be a prudent choice,

and one that reduces risk.

Dollar-cost averaging is a recommended investment method

for beginners,

and one of the methods I would recommend.

Of course, in a rising market

you want to make profits,

but the market is not that simple,

and there are often big crashes like this one afterwards.

So, with Bitcoin,

including the 2018 market,

I examined what would happen if you used a dollar-cost averaging strategy.

I analyzed the results.