How do you invest in TRX?

349 viewsGeneral Discussions

How do you invest in TRX?

Hi,

Do you buy for a fixed dollar amount each month? So you just stake what you have and vote? Just looking to see if there are some interesting approaches people are taking to buying crypto.

Coin Ceylon Approved Changed status to publish November 2, 2021
0

What you’re referring to is Dollar Cost Averaging, which is a very sensible way to invest. I do the same with stocks, every week I auto invest in an ETF on a couple brokerages.

I was doing it with ETH on Coinbase, you can’t time the market (buy low sell high) and stats show people do better with DCA than one lump purchase a few times a year. Buy, stake, rinse and repeat.

Coin Ceylon Approved Changed status to publish November 2, 2021
0
You are viewing 1 out of 3 answers, click here to view all answers.