quick take
With dollar-cost averaging (DCA) strategies still in place, even if Bitcoin stabilizes above $30,000, it won’t be a situation where many investor groups will suffer losses.
Dollar cost averaging is the concept of buying assets on a regular basis without compromising their market value at the time of trading. Dollar cost averaging strategies aim to reduce risk and gain exposure to an asset over time rather than timing the market.
Investors entering the market in 2021 faced a high cost threshold of $48,000. However, after two and a half years of continuous purchases, these investors have managed to bring the cost base down to $35,500.
All other cohorts are now profitable.
Post-realization price of Bitcoin by cohort shows that the ongoing DCA strategy first appeared on CryptoSlate.
