Cryptocurrency
Index Investing in Crypto
By Careyourpresent  •  July 19, 2022
Index investing investing is a very popular of doing investing in traditional finance. What is index investing? Refer to the definition below. Source: https://www.investopedia.com/terms/i/index-investing.asp Many people know and admit that they can’t beat the market. Hence, the easiest and most logical way is to join them since you can’t beat them. In Traditional Finance, people will go dollar cost average/value cost average index etf/funds. Some people buy the Vanguard World ETF (VWARA.L, VWRD, VT, VTI, IWDA, SPY etc), or in Singapore Context, dca STI ETF using DBS Invest Saver, Poems Share builders, robot investing platforms like Endowus etc. For Crypto, it is even more volatile. We have seen drawn down in the 60-90% in the current bear, even for the more prominent “blue-chip” Crypto ETH, BTC etc. Of course one can dca ETH BTC weekly/monthly using exchange like FTX, CDC. However, there is no auto-rebalancing in these CEX. Furthermore, not your key not your coin!...
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By Careyourpresent
My name is Edmond Ng and I am 39 years old in year 2022. I am the founder of Careyourpresent site. I am a believer of Caring your Present and treasuring your time with your love ones. Most of the time we are busy with work, spending your precious time pursuing something which you don’t like but have to do in order to earn a living. Hence, please Love and Care for your PRESENT!
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