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Crypto Investors Mostly DCA Into Their Coins, Finds Kraken

A recent survey by US crypto exchange Kraken found that 83% of crypto investors have used dollar-cost averaging (DCA) in the past, with 59% stating it as their primary investment strategy. DCA involves acquiring exposure to an asset over time through multiple purchases rather than buying everything at once. The survey found that investors use DCA to hedge against market volatility, encourage consistent investment habits, and remove emotions from decision making. The survey also revealed that higher-income individuals are more likely to double down on DCA during market drops, while lower-income investors may stop trading or cut losses. Additionally, the survey found that older investors tend to check crypto markets more frequently than traditional markets.

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