Crypto has a dollar-cost averaging problem, and it has nothing to do with the strategy

• Crypto DCA works well, but DeFi infrastructure still complicates automated investing.
• CoinFello simplifies DeFi dollar-cost averaging through conversational, non-custodial automation tools.
• DCA as a strategy has held up across decades of market cycles because the underlying logic is sound.

Dollar-cost averaging (DCA) is one of the most thoroughly studied approaches to long-term investing, with its mechanics being quite straightforward, i.e., instead of trying to call market bottoms or time entries, an investor commits to buying a fixed dollar amount of an asset at regular intervals, letting the purchase price average out over time.

In volatile markets, this tends to produce better outcomes than discretionary timing specifically.

This is partly because it removes emotion from the equation and partly because it sidesteps the statistical near-impossibility of consistently buying at lows.

The evidence for this is well-documented, as research into Bitcoin DCA strategies has found that investors who purchased fixed amounts of BT...