Coinbase makes investing easy with with dollar cost averaging

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By Rhea Kaw, Product Manager

Our mission is to create an open financial system for the world. A key part of accomplishing this is giving customers the information they need to begin investing in crypto. We’re always listening to our customers and building what will help you most. One thing we often hear is you want more tools and education on how to manage your crypto assets.

In the past, we’ve demonstrated how dollar cost averaging (DCA) and recurring buys have the potential to make crypto market volatility work in your favor. Following the launch of recurring buys, we’re now making it easier for you to learn about DCA directly in your iOS and Android mobile apps with an interactive crypto tutorial.

Here’s an overview of what you’ll discover about DCA:

  • DCA is a popular strategy used by new and experienced investors to make steady gains while hedging market risk. While timing a volatile crypto market can be impossible, with DCA you can turn that market volatility into an opportunity.
  • By investing the same amount on a regular basis, you buy more crypto when the dollar value is lower, and you buy less when the dollar value is higher. Over time, the investment costs average out.
  • Getting started with recurring buys on Coinbase is an effortless way to implement the DCA technique into your investment strategy. Access this tutorial from your home screen, trading drawer, or on an individual crypto page.

The DCA crypto tutorial is one more way we are helping you make informed decisions when managing your crypto assets.

Please keep in mind that the content of this blog and our interactive tutorial are intended for educational purposes and should not be construed as investment advice.

Sign up for a Coinbase account or download our iOS or Android app to get started.

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Coinbase makes investing easy with with dollar cost averaging was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.