For those without the time, technical knowledge, or courage, to trade daily bitcoin markets, there are two simple investment strategies. These being lump-sum purchase and dollar-cost averaging (DCA) whereby the purchase is spread over monthly installments. Conventional wisdom might suggest that DCA should be the preferred route, smoothing out volatility in the daily bitcoin price. However, recent research seems to point to a lump-sum purchase giving better returns around 68% of the time. But how accurateRead MoreThe post Lump-Sum Bitcoin Purchase Gives 68 Percent Better ROI Than DCA appeared first on Bitcoinist.com.
