Exploring more options for Dollar Cost Average Investment

I have been investing in crypto using the DCA method and I use the bitbns website for the same. Its easy to use but it only supports bitcoin and ethereum coins to buy through DCA. DCA means dollar cost average and we also call in SIP which is known as a systematic investment plan. This can be done on various frequencies including daily, weekly fortnightly, or monthly but I think daily is the best for crypto because of volatility. I had started my first ever crypto SIP in April 2020 when it was lockdown time and I did start through bitbns exchnage. This was the time when everything was crashing except the crypto market and I decided to start with this way of investing.

I started with a very little amount of $1 on daily basis and the BTC price was approx 8k. I do understand that 1 USD is a very low amount and I should have started with more but the problem was that I did not have more money with and I was jobless too. Even I was not much active on the hive and was not even earning $100 in a month but still dedicated to starting this. With this SIP I also started working on HIVE consistently which also helped me to fund my SIP portfolio. Later when I had more funds then I started another and now I pay daily $2 for BTC and ETH SIP and I am happy with the kind of returns I received.

Now I have been exploring another platform that offers good variety with sip investment in crypto and the call it AIP. I think it does not matter what it is called as long the purpose and method are the same. This platform is https://www.vauld.com/ and here we can get plenty of coin options to invest in. Its a wise decision to keep the portfolio diversified and I follow the same with my portfolio.

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I registered my bank details on the website and also got my kyc done so that I can make hassle-free investments. They take some time to approve the bank and its in the process so its in the waiting period and hope by tomorrow this should be done.

Earlier there was only one option that offers SIP investment and but now there are some added names which is very good because every platform tries to offer something different and its much needed too. Bitbns offers a limited option with SIP and with vault I can get more tokens to choose from.

I am yet to explore more of this platform but I will do it once my account is fully approved and try to share my experience. In my opinion, DCA is the best way to invest and worth giving it a try if you like to invest in crypto. Its less risky and we can increase our portfolio in long run but significantly.

Thank you so much

Stay Safe

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