**Kraken Survey Reveals Crypto Investors Favor Dollar-Cost Averaging**
A recent survey by Kraken shows that most crypto investors prefer dollar-cost averaging (DCA) when buying into the market. Out of 1,109 participants, 83.5% have used DCA, and 59% still rely on it as their primary strategy.
- **Why DCA?**
- 46% say it hedges against market volatility.
- A third believe it supports consistent investment habits.
- 12% think it removes emotional trading.
Income plays a role in strategy preference:
- **Under $50K:** Consistent investment habits.
- **Over $50K:** Reducing market volatility, especially for those earning $175K-$199K.
Higher earners are more confident in sticking to their plans, with 63% of those making over $100K having a "very strong" ability to maintain their strategy during market fluctuations. Younger investors (18-29) prefer riskier strategies, while those over 45 monitor the market more closely.
Kraken acknowledges DCA isn't perfect but suggests it can reduce the stress of market timing and emotional decisions.