Place/Date: SAN FRANCISCO, CA - January 21st, 2021 at 8:10 pm UTC · 2 min read
Contact: Dan Edelstein, Source: Recurring Buys
With Recurring Buys, you can now schedule daily, weekly, monthly, or semi-monthly cryptocurrency purchases. It’s the easiest way to build your long-term crypto portfolio.
Timing the market is very hard. Instead of investing very large amounts in a single purchase (and potentially buying at the not the best price), many smart, long-term investors follow a strategy called dollar-cost-averaging (DCA). DCA is a simple investment strategy in which you invest a fixed amount of money at regular time intervals (for example $50 weekly). Investors use this methodology in order to reduce price fluctuation risk. With Recurring Buys on bitFlyer, you can now dollar-cost-average like the best of them and let your portfolio grow over time by automating your cryptocurrency investments.
To celebrate the launch of Recurring Buys on bitFlyer, we’re giving all of our customers a 0.5% cashback bonus on all Recurring Buy purchases made within the first 30 days after creating it. On top of that, we will reward $100 in BTC to 10 customers selected at random who set up a Recurring Buy during the campaign period. To be eligible for both promotions, you must set up a Recurring Buy by February 3rd at 11:59 PM PST. See terms and conditions for this campaign in our support page.