The US stock market vs. the crypto world, which one is more suitable for dollar-cost averaging? I personally tried it for a month.

The concept of dollar-cost averaging is also mentioned in the crypto space, but few can stick with it. Because crypto is too volatile—down 20%, and you want to buy the dip; up 20%, and you want to take profits. It sounds easy in theory, but hard in practice.

In early June, I withdrew some USDT from my investment account and opened a dollar-cost averaging plan on Gate: buy $5 worth of NVDA every week, regardless of the price, rain or shine. The amount isn’t large, but I wanted to try.

After two weeks of execution, what was the result? Last week NVDA went up, and I bought my $5 at a high point; this week it fell, and I bought my $5 at a low point. On average, the cost is about the same as before. That’s the core of dollar-cost averaging—no need to time the market, use time to smooth out the cost.

Who is dollar-cost averaging suitable for? People who feel they can’t judge market highs and lows. That’s me. Since I can’t predict accurately, I give up guessing.

Gate’s current products don’t support automatic stock dollar-cost averaging yet, only manual weekly purchases. Hopefully they’ll add that later to make it easier. But for now, manual dollar-cost averaging isn’t too troublesome—just a few minutes each week as a ritual.

I plan to stick with this experiment until the end of the year. Then I’ll report the results in the square. No matter how much I earn, it’s better than not starting at all.

#分享美股交易赢英伟达股票