I think they should be named something else, imo ‘Punters’ should be a term reserved for the 69x degen leverage gamblers !
Odd-Radio-8500 on
>A survey by Kraken found that 83.5% of crypto investors use DCA, with 59% using it as their primary investment strategy.
However, the sample size is small, but this tells how important DCA is as a strategy to invest in crypto.
coinfeeds-bot on
tldr; A survey by Kraken found that 83.5% of crypto investors use dollar-cost averaging (DCA), with 59% using it as their primary investment strategy. DCA involves buying assets at regular intervals, reducing the impact of market volatility and emotional trading. The survey revealed that higher-income investors are more likely to use DCA, while lower-income investors tend to time the market. Younger investors prefer riskier strategies, whereas older investors monitor markets more closely. DCA is seen as beneficial for consistent investment habits and reducing stress.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Boring_Ad4003 on
“The survey found that higher-income investors earning more than $100,000 were more likely to use DCA while lower-income investors — those earning under $100,000 — were more likely to try timing the market”
Lower-income investors don’t have disposable income to keep dcaing
Higher-income investors have a lot more disposable income that can keep buying crypto.
I’m shocked by that revelation
Savi321 on
In that case, they are not punters.. unless it is millions of dollars cost averaging.
6 Comments
Punters preferring a SAFU strategy?
I think they should be named something else, imo ‘Punters’ should be a term reserved for the 69x degen leverage gamblers !
>A survey by Kraken found that 83.5% of crypto investors use DCA, with 59% using it as their primary investment strategy.
However, the sample size is small, but this tells how important DCA is as a strategy to invest in crypto.
tldr; A survey by Kraken found that 83.5% of crypto investors use dollar-cost averaging (DCA), with 59% using it as their primary investment strategy. DCA involves buying assets at regular intervals, reducing the impact of market volatility and emotional trading. The survey revealed that higher-income investors are more likely to use DCA, while lower-income investors tend to time the market. Younger investors prefer riskier strategies, whereas older investors monitor markets more closely. DCA is seen as beneficial for consistent investment habits and reducing stress.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
“The survey found that higher-income investors earning more than $100,000 were more likely to use DCA while lower-income investors — those earning under $100,000 — were more likely to try timing the market”
Lower-income investors don’t have disposable income to keep dcaing
Higher-income investors have a lot more disposable income that can keep buying crypto.
I’m shocked by that revelation
In that case, they are not punters.. unless it is millions of dollars cost averaging.
Like we all say: DCA and enjoy the ride.