Even when the market seems slow, there’s always a narrative or something happening in the macro context that makes us wonder: “What should I do with my investments?”.
Have you considered that this very moment is also an excellent time to learn and build your strategy? Just like any investment, understanding the basic cycle is key to growing your investments. The most basic idea can be your best ally, but its simplicity doesn’t make it easy to follow. Let’s break it down:
The core idea is to buy low, wait, and sell high to make a profit. It’s about patience and spotting value when others might hesitate. That’s why we say that its simplicity doesn’t make it easy; battling the doubts of others and trusting your strategy is always challenging.
Now for the most important part: how can you make the most of those waiting periods? This is where Bitso can help you understand the value of your assets.
Amplify Your Investments with Earnings
With Bitso’s Earnings, you don’t just hold your cryptocurrencies; you can make them work for you. Earnings are like earning interest on your crypto. If you hold USDC, USDT, ETH, DOT, ATOM, and ADA on Bitso, you can activate your Earnings and receive weekly payouts without doing anything else.
Now that’s what we call great service!
In the meantime, your funds remain flexible with no lock-up periods. This means that while you wait for the market to move, your assets could be growing, helping you protect your savings from inflation.
And how do I reinvest? Think Dollar-Cost Averaging (DCA)
Volatile markets tend to move in cycles. When there’s a market downturn, often the ideal time to ‘buy back,’ you might consider using a Dollar-Cost Averaging (DCA) strategy.
DCA involves investing a fixed amount of money at regular intervals, regardless of the asset’s price. This can help you reduce the impact of volatility and potentially lower your average purchase cost over time.
Remember, patience is a virtue in investing. By understanding the basic principle of buying low and selling high, leveraging features like Earnings, and strategically buying back with DCA, you can navigate the investment landscape more effectively.
Important: This information is for educational purposes only and should not be considered financial advice. Past performance does not guarantee future results. We always recommend doing your own research and making informed decisions.
