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Does the Strategy Actually Work?

Does the Strategy Actually Work?

Trying to pick the perfect moment to buy Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) isn’t something you should be doing as an investment strategy. The odds of getting the timing right are simply too low to bother with.

On the other hand, dollar-cost averaging (DCA), where you invest a fixed amount at regular intervals regardless of the asset’s price, can be a great approach that sidesteps the timing problem. But does it actually work to grow your portfolio?

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An investor sits at a cafe while looking at a phone and drinking an espresso.
Image source: Getty Images.

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