Cryptocurrencies started 2022 quite limping due to price movements that continue to go up and down like a roller coaster. In fact, the price of Bitcoin as the cryptocurrency with the largest market capitalization had to drop to its lowest point since it touched its highest price in November 2021.
As is known, there are many things that affect prices on the crypto market, for example the regulation of a country regarding cryptocurrencies to the riots that had occurred in Kazakhstan which had an impact on crypto miners there.
In response to this, Marketing Growth Pintu as well as a crypto observer, Timothius Martin said, it is very difficult to read crypto price movements.
"One investment strategy that can be considered is Dollar Cost Averaging (DCA), where investors save regularly (for example every week or every month) with the same nominal amount," said Timothy.
“This method will help normalize unpredictable short-term price fluctuations. This method can be found in crypto applications, such as Pintu, because it provides a DCA calculation calculator so that it can help new investors easily,” he concluded.