The month of May has been a heavy one for crypto holders left nursing the wounds of the collapse of the stablecoin TerraUSD and the contagion effect this has had on crypto prices across the board.
Those adopting a dollar-cost averaging strategy purchase a regular amount of BTC at the same time each month, regardless of the price. Had you invested $10 a month into Bitcoin starting in May 2019, your percentage gain would be 176%.While DCA’ing has been proven to deliver strong returns, DCA’ing into BTC when Fear and Greed is at ‘extreme fear’ has been shown to improve returns by over 80% over the last four years.
Another study by crypto investment platform Revix proved that buying BTC whenever the index fell below 15 improved the dollar-cost averaging returns by a further 80%. And where BTC goes, so goes the rest of the market. Altcoins such as Ethereum , Polkadot and Solana take their lead from BTC. A rebound in BTC will lift the rest of the crypto market with it.