Cryptocurrency: Lump sum payment instead of savings plan - is the strategy really better with Bitcoin?
Those who invest in the most important cryptocurrency have so far achieved better results with one-off payments. But in the future, the market could be harder to time, a Handelsblatt calculation shows.
Historically, lump sum investments in Bitcoin have outperformed investment plans, but with two caveats. According to an analysis by Handelsblatt, lump sum investments have done better mainly due to the dynamic price development of Bitcoin since 2011, when reliable price data began. However, in the past five years, the advantage of lump sum investments over investment plans has decreased, with only 58% of lump sum investments outperforming investment plans, and the average gain was around $192. The success of lump sum investments now increasingly depends on market timing.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
