2min chapter

Modern Finance cover image

Modern Portfolio Construction (crypto+stocks) with Chris Hutchins

Modern Finance

CHAPTER

Do You Believe in Dollar Cost Averaged Into Crypto?

You can lump some invest and just say, i have ten thousand dollars, i'm to deposit it to morrow. Or you could dollar cost average over the next ten months and put one thousand dollars in each month. And the advantage is usually emotional over financial. But if you are putting money in, like i did, and a week later it gets cut in half, boy, i would have been better if i committed to put all that money in over ten months. It's probably two reasons. One, i know that the data says to lump some invest although it emotionally can be harder. Two, i don't think there's really an easy way to set up recurring investments in crypto

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