{"id":21047,"date":"2023-11-28T19:51:41","date_gmt":"2023-11-28T06:51:41","guid":{"rendered":"https:\/\/cryptocurrency.org.nz\/?p=21047"},"modified":"2024-03-07T17:50:15","modified_gmt":"2024-03-07T04:50:15","slug":"dollar-cost-averaging","status":"publish","type":"post","link":"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/dollar-cost-averaging\/","title":{"rendered":"Mastering Crypto Dollar-Cost Averaging (DCA) in NZ (2024)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21047\" class=\"elementor elementor-21047\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0220299 e-flex e-con-boxed e-con e-parent\" data-id=\"0220299\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-29d3008 elementor-widget elementor-widget-text-editor\" data-id=\"29d3008\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In the volatile realm of crypto, timing the market accurately is a formidable challenge. That&#8217;s where Dollar-cost averaging (DCA) steps in. DCA allows you to strategically invest in your chosen assets at predetermined intervals, irrespective of market movements.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b3d25b elementor-widget elementor-widget-text-editor\" data-id=\"3b3d25b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong>Related Guides:<\/strong><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency\/\">How to Buy Cryptocurrency in NZ \u2013 New Zealand\u2019s Crypto Guide (2024)<\/a><\/strong><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/crypto-exchanges-nz\/\">Best Cryptocurrency Exchanges NZ \u2013 New Zealand\u2019s Crypto Guide (2024)<\/a><\/strong><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/hardware-wallets-nz\/\">Hardware Wallets NZ \u2013 New Zealand\u2019s Crypto Guide (2024)<\/a><\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce5b4bc elementor-widget elementor-widget-heading\" data-id=\"ce5b4bc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Understanding Dollar Cost Averaging in Crypto\n\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fa86c5a e-flex e-con-boxed e-con e-parent\" data-id=\"fa86c5a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7f9266a elementor-widget elementor-widget-heading\" data-id=\"7f9266a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What Is Dollar-Cost Averaging In Crypto?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-026ba97 elementor-widget elementor-widget-text-editor\" data-id=\"026ba97\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"flex-1 overflow-hidden\"><div class=\"react-scroll-to-bottom--css-wkphy-79elbk h-full\"><div class=\"react-scroll-to-bottom--css-wkphy-1n7m0yu\"><div class=\"flex flex-col pb-9 text-sm\"><div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-21\"><div class=\"px-4 py-2 justify-center text-base md:gap-6 md:py-6 m-auto\"><div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] } group final-completion\"><div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\"><div class=\"flex-col gap-1 md:gap-3\"><div class=\"flex flex-grow flex-col max-w-full\"><div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"268b7978-577a-4be5-84f4-9fe0c57dd5fe\"><div class=\"markdown prose w-full break-words dark:prose-invert dark\"><p>Dollar-cost averaging (DCA) involves consistently making smaller and uniform investments over time, as opposed to engaging in large or irregular purchases of tokens.<\/p><p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px;\">Through the routine acquisition of your preferred cryptocurrencies such as <a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-bitcoin-nz\/\">Bitcoin<\/a> or <a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-ethereum-nz\/\">Ethereum<\/a>, you automatically increase your investment over time, regardless of the current state of the cryptocurrency market.\u00a0<\/span><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px;\">This approach facilitates the growth of your portfolio and has the potential to reduce your average cost during market downturns.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7648817 e-flex e-con-boxed e-con e-parent\" data-id=\"7648817\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-8987046 e-con-full e-flex e-con e-child\" data-id=\"8987046\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e583a83 elementor-widget-mobile__width-initial elementor-widget elementor-widget-image\" data-id=\"e583a83\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/Easy-Crypto-NZ-Icon.jpg\" class=\"attachment-large size-large wp-image-16991\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/Easy-Crypto-NZ-Icon.jpg 225w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/Easy-Crypto-NZ-Icon-150x150.jpg 150w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bac7a3a e-con-full e-flex e-con e-child\" data-id=\"bac7a3a\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-4a53be2 e-flex e-con-boxed e-con e-child\" data-id=\"4a53be2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e392c62 elementor-widget elementor-widget-heading\" data-id=\"e392c62\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Easy Crypto NZ - Buy Crypto on an easy to use platform<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c8d4b8c e-flex e-con-boxed e-con e-child\" data-id=\"c8d4b8c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4e9416c elementor-widget elementor-widget-text-editor\" data-id=\"4e9416c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">Easy Crypto<\/a>\u00a0is New Zealand\u2019s largest and most popular cryptocurrency retailer, making it \u2018<i>safe, smart, and easy<\/i>\u2018 for Kiwis to buy and sell over 160+ cryptos including Bitcoin in NZ.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e82108d elementor-align-left elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"e82108d\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-xs elementor-animation-grow\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Go to Easy Crypto NZ<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ad5ead2 e-flex e-con-boxed e-con e-parent\" data-id=\"ad5ead2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-41ba25a elementor-widget elementor-widget-heading\" data-id=\"41ba25a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How Dollar Cost Averaging Work in Crypto?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c273585 elementor-widget elementor-widget-text-editor\" data-id=\"c273585\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Consider having $69,420 allocated for crypto investment. If the existing Bitcoin price is $50,000 and you opt for a lump-sum investment, you would possess one Bitcoin.<\/p><p>Conversely, by dividing the $69,420 into five equal $13,884 investments at varied Bitcoin prices ($50,000, $45,000, $25,000, $25,000, and $55,000), your average cost basis decreases to $55,344, resulting in the ownership of approximately 1.26 Bitcoin.<\/p><p>This strategic distribution ensures that amid market fluctuations, your average cost diminishes, leading to enhanced gains when Bitcoin&#8217;s value experiences an upswing.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f0f2edb elementor-widget elementor-widget-image\" data-id=\"f0f2edb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"643\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Dollar-Cost-Avergaging-1024x643.png\" class=\"attachment-large size-large wp-image-21109\" alt=\"Dollar-Cost Averaging\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Dollar-Cost-Avergaging-1024x643.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Dollar-Cost-Avergaging-300x188.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Dollar-Cost-Avergaging-768x482.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Dollar-Cost-Avergaging.png 1155w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c7530b9 e-flex e-con-boxed e-con e-parent\" data-id=\"c7530b9\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-31c90e7 elementor-widget elementor-widget-heading\" data-id=\"31c90e7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Implementing a Successful DCA Strategy In NZ<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0c5e2c elementor-widget elementor-widget-text-editor\" data-id=\"e0c5e2c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Once you&#8217;ve made the decision to implement Dollar-cost averaging in the cryptocurrency market, choosing the right platform is crucial for the success of your investment plan.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-64331b9 e-flex e-con-boxed e-con e-parent\" data-id=\"64331b9\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-96106ff elementor-widget elementor-widget-heading\" data-id=\"96106ff\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Choosing Your Dollar-Cost Averaging Frequency <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b979389 elementor-widget elementor-widget-text-editor\" data-id=\"b979389\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Determining how frequently to engage in Dollar Cost Averaging for your crypto investment in NZ is a flexible decision. Various methods are commonly adopted by individuals.<\/p><ul><li><strong>Weekly<\/strong><\/li><li><strong>Monthly<\/strong><\/li><li><strong>Quarterly<\/strong><\/li><li><strong>On a specific day of each month<\/strong><\/li><\/ul><p><strong><br \/><\/strong>Moreover, cryptocurrency exchanges in New Zealand such as <a href=\"https:\/\/easycrypto.com\/?ref=29640\" target=\"_blank\" rel=\"noopener\">Easy Crypto NZ\u00a0<\/a>provide the option to customize the exact time for executing your cryptocurrency purchases.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-02b13d8 e-flex e-con-boxed e-con e-parent\" data-id=\"02b13d8\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7b72106 elementor-widget elementor-widget-image\" data-id=\"7b72106\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Purchase-Plan-Crypto-1024x1024.png\" class=\"attachment-large size-large wp-image-21120\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Purchase-Plan-Crypto-1024x1024.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Purchase-Plan-Crypto-300x300.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Purchase-Plan-Crypto-150x150.png 150w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Purchase-Plan-Crypto-768x768.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Purchase-Plan-Crypto-1536x1536.png 1536w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Purchase-Plan-Crypto-2048x2048.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d8dace elementor-widget elementor-widget-heading\" data-id=\"6d8dace\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Purchase Plans for Dollar-Cost Averaging\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bb5de8 elementor-widget elementor-widget-text-editor\" data-id=\"2bb5de8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>To commence dollar-cost averaging, you have several strategies to consider:<\/p><ul><li><strong>Manually acquiring cryptocurrencies on designated dates<\/strong><\/li><li><strong>Configuring a recurring buy feature with your crypto exchange<\/strong><\/li><li><strong>Employing a bot for automated DCA purchases<br \/><br \/><\/strong><\/li><\/ul><p>For a hands-off and cost-effective approach, opting for a cryptocurrency exchange that provides recurring buy options proves to be the most passive and economical choice.<\/p><p><a style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px;\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">Easy Crypto NZ<\/a>\u00a0simplifies the concept of &#8220;DCA&#8221; with its convenient Auto-Buy feature. By creating a personalized Auto-Buy template, you have the flexibility to choose the coins you want and determine their ratios. Below you can find a step by step tutorial on EC&#8217;s feature.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4ca7d01 e-flex e-con-boxed e-con e-parent\" data-id=\"4ca7d01\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8ed3e02 elementor-widget elementor-widget-heading\" data-id=\"8ed3e02\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Setting up Automatic Purchases with Auto-Buy<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41d8ce1 elementor-widget elementor-widget-heading\" data-id=\"41d8ce1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Create the Order Template<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-270bddc elementor-widget elementor-widget-text-editor\" data-id=\"270bddc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Begin by navigating to the automatic payments section of the website by clicking on &#8220;Buy &amp; Sell&#8221; and then selecting &#8220;<a href=\"https:\/\/easycrypto.com\/nz\/auto-buy\" target=\"_blank\" rel=\"noopener\">Auto-Buy<\/a>.&#8221;<\/p><p>Upon reaching the Auto-Buy order customization page, you can choose the tokens you wish to include and specify the percentage allocation for each selected coin.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd6dea7 elementor-widget elementor-widget-image\" data-id=\"cd6dea7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"693\" height=\"420\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Auto-Buy-Feautre-Easy-Crypto-NZ.webp\" class=\"attachment-large size-large wp-image-21069\" alt=\"Auto Buy Feature Easy Crypto NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Auto-Buy-Feautre-Easy-Crypto-NZ.webp 693w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Auto-Buy-Feautre-Easy-Crypto-NZ-300x182.webp 300w\" sizes=\"(max-width: 693px) 100vw, 693px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5baa79a e-flex e-con-boxed e-con e-parent\" data-id=\"5baa79a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d262b9b elementor-widget elementor-widget-heading\" data-id=\"d262b9b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Add your Delivery Addresses<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03c690e elementor-widget elementor-widget-text-editor\" data-id=\"03c690e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>After choosing your coins and allocating percentages, proceed to furnish Easy Crypto with the wallet addresses where you wish to receive your cryptocurrency.<\/p><p>In the event that your deposit is less than the predetermined amount set during your Auto-Buy setup, Easy Crypto will automatically distribute the received amount and deliver your crypto to the designated wallets following the same ratio initially determined by you.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da59937 elementor-widget elementor-widget-image\" data-id=\"da59937\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"695\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Add-Crypto-Addresses-NZ.webp\" class=\"attachment-large size-large wp-image-21094\" alt=\"Add Crypto Addresses NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Add-Crypto-Addresses-NZ.webp 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/Add-Crypto-Addresses-NZ-300x271.webp 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2e4abf5 e-flex e-con-boxed e-con e-parent\" data-id=\"2e4abf5\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9fda075 elementor-widget elementor-widget-heading\" data-id=\"9fda075\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Schedule a Payment from your bank<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-307e2ff elementor-widget elementor-widget-text-editor\" data-id=\"307e2ff\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"flex-1 overflow-hidden\"><div class=\"react-scroll-to-bottom--css-wkphy-79elbk h-full\"><div class=\"react-scroll-to-bottom--css-wkphy-1n7m0yu\"><div class=\"flex flex-col pb-9 text-sm\"><div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-15\"><div class=\"px-4 py-2 justify-center text-base md:gap-6 md:py-6 m-auto\"><div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] } group final-completion\"><div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\"><div class=\"flex-col gap-1 md:gap-3\"><div class=\"flex flex-grow flex-col max-w-full\"><div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"cbbdb4cc-f536-4493-acf8-27d11bfb3ddc\"><div class=\"markdown prose w-full break-words dark:prose-invert dark\"><p>Your following action is to initiate a payment using your order reference from your bank account to Easy Crypto. To understand the process, click on &#8220;How to pay.&#8221;<\/p><p>You have the option to establish a recurring payment schedule, or you can make payments at your convenience using the provided reference \u2014 the choice is entirely yours! Upon receiving a payment with the designated reference number, we will execute the trades and dispatch your cryptocurrencies accordingly.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea3dc27 elementor-widget elementor-widget-image\" data-id=\"ea3dc27\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"370\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/11\/How-to-pay-Auto-buy-Easy-Crypto-NZ.gif\" class=\"attachment-large size-large wp-image-21095\" alt=\"How to pay Auto buy Easy Crypto NZ\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6faaa07 e-flex e-con-boxed e-con e-parent\" data-id=\"6faaa07\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c9c5fbd elementor-widget elementor-widget-heading\" data-id=\"c9c5fbd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Potential Drawbacks of DCA Strategy<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c27414c elementor-widget elementor-widget-text-editor\" data-id=\"c27414c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>While the Dollar Cost Averaging (DCA) crypto strategy offers numerous benefits, it is not foolproof. DCA introduces the risk of acquiring an asset when its value is exceptionally high, and it doesn&#8217;t factor in potential short-term price spikes resulting from positive news or upgrades, which often lead to temporary increases. This passive purchasing approach at predetermined dates can significantly elevate your average buy-in price.<\/p><p><strong>Other potential drawbacks of employing DCA in crypto include:<\/strong><\/p><ul><li><p><strong>Not Ideal for Short-Term Investments:<\/strong> DCA may not be optimal for short-term cryptocurrency trades. It is better suited for individuals planning to hold their crypto assets for the long term. Over time, DCA allows investors to capitalize on both lows and highs, as demonstrated by the substantial yearly price differences in Bitcoin.<\/p><\/li><li><p><strong>Lower Short-Term Reward Potential Compared to Spot Trading:<\/strong> Using Dollar-cost averaging in the short term might result in purchasing assets at progressively higher prices, particularly during bull markets. Short-term traders could potentially achieve higher profits through spot trading methods.<\/p><\/li><li><p><strong>Incurring Higher Purchase Fees:<\/strong> Many cryptocurrency exchanges operate on a tiered scale for trading fees. Investing small amounts intermittently through DCA may lead to higher maker or taker fees compared to a lump-sum purchase of the same asset.<\/p><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-eedb50a e-flex e-con-boxed e-con e-parent\" data-id=\"eedb50a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e4f0dd7 elementor-widget elementor-widget-image\" data-id=\"e4f0dd7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"882\" height=\"1024\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-882x1024.png\" class=\"attachment-large size-large wp-image-14545\" alt=\"Cryptocurrency NZ Logo\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-882x1024.png 882w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-258x300.png 258w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-768x892.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-1323x1536.png 1323w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-1764x2048.png 1764w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo.png 2035w\" sizes=\"(max-width: 882px) 100vw, 882px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d875053 elementor-widget elementor-widget-heading\" data-id=\"d875053\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cryptocurrency NZ Final Verdict<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb0fb65 elementor-widget elementor-widget-text-editor\" data-id=\"bb0fb65\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Cryptocurrency NZ, believes Dollar-cost averaging is as an excellent long-term strategy for individuals seeking a hands-off and steady approach.<\/p><p>This method, designed to eliminate the emotional impact of FOMO, proves effective and relatively secure for traders aiming to construct a lasting cryptocurrency portfolio.<\/p><p>It&#8217;s important to note that while DCA doesn&#8217;t promise extraordinary returns, it stands as a reliable option for those looking to navigate the volatile crypto market with a focus on long-term growth. Lastly, exercising due diligence in selecting cryptocurrencies with long-term viability is crucial, acknowledging the inherent volatility of the market.\u00a0<\/p><p style=\"text-align: center;\"><em><strong>Stay humble and stack sats\u00a0<\/strong><\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In the volatile world of cryptocurrency, timing the market is tough. Dollar-cost averaging (DCA) \u2013 a tailored investment strategy for Kiwis. <\/p>\n","protected":false},"author":7,"featured_media":21114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[91],"tags":[],"_links":{"self":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/21047"}],"collection":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/comments?post=21047"}],"version-history":[{"count":60,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/21047\/revisions"}],"predecessor-version":[{"id":23917,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/posts\/21047\/revisions\/23917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media\/21114"}],"wp:attachment":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media?parent=21047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/categories?post=21047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/tags?post=21047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}