Kirill Stytsenko/iStock via Getty Images
Investing in cryptocurrencies like Bitcoin (BTC-USD) has gained traction over time, and I have been suggesting that the strategy of "dollar-cost averaging" to build a comfortable position is the way a sensible investor should approach the situation.
While I remain
Analyst’s Disclosure:I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I am an active crypto investor and trader, and buy, sell and hold all kinds of cryptocurrency. I will likely have positions long and short in a number of cryptos at any given moment.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
