Matrixport unleashes the power of cost averaging with the new “Auto-Invest” application tool
Allows long-term crypto investors to confidently accumulate and “hod” Bitcoin and Ethereum regardless of market dynamics or volatility
SINGAPORE, September 27, 2021 / PRNewswire / – Matrixport, asia fastest growing digital asset financial services platform, announced the introduction of ‘Self-investment‘, an investment tool that allows users to use an Average Dollar Cost (DCA) strategy to accumulate Bitcoin (BTC) or Ethereum (ETH) at predetermined intervals with just a few clicks on the platform. Matrixport’s secure application form.
With the innate volatilities of an emerging asset class, crypto-investing can be a daunting endeavor to undertake, especially for crypto-curious newbies. For this growing investor segment, Matrixport ‘Self-investment‘ The function serves to minimize the impact of volatility on the growth of one’s crypto holdings by spreading transactions at fixed intervals over a period of time.
Cynthia wu, Head of Sales and Business Development, Matrixport said: “Bitcoin is a resilient and promising asset class but with innate volatility. For many crypto traders and HODLers, it is always difficult to time the market and buy at the bottom of the wave. Matrixport ‘Self-investment‘ enables users to adopt a proven DCA investment strategy to build their crypto portfolio in the easiest way possible. DCA is a strategy that invests the legend Warren Buffett has long advocated. The deployment of ‘Self-investment‘ reflects our unwavering commitment to making crypto easy and accessible to everyone, especially users who are just starting their crypto journey. “
‘Self-investment‘ is available on Matrixport’s secure application platform at no service charge. The trading frequency varies every hour, day, week or month, for BTC or ETH and users have the flexibility to make changes at any time. Investors are free to set purchase limits or decide the maximum limit price for accumulating crypto, with no requirement to block funds. Once the simple setup is completed, the trading process is fully automated and users can unleash the full potential of the DCA strategy to reap long term returns.
By way of illustration, a ‘Self-investment‘ the activated DCA strategy would have generated returns of 30% on the basis of a $ 50 accumulation of BTC over 24 weeks from March 22 to August 30, 2021. This compares to an 8% return for the same investment of 1,200 USD if BTC was traded on March 22, 2021. Within that 24 week period, the price of BTC varied between 60 204 USD (April 5, 2021) and US $ 35,862 (May 31, 202), and a DCA strategy fueled by ‘Self-investment‘ was able to accumulate BTC at lower prices during this period, for a higher return.
Matrixport continues to empower investors at all experience levels with innovative crypto investments and products. Professional tools such as ‘Self-investment‘ are the stepping stones in creating a more secure gateway for crypto-curious people to start their investment journey.
Matrixport is one of asia Fastest growing digital asset financial services platform. With 10 billion dollars in assets under management and custody, it provides one-stop crypto financial services with more than $ 5 billion in average monthly trade volumes. Offers include Cactus CustodyMT, OTC spot, rates, structured products, credit as well as asset management.
Based at Singapore, Matrixport’s mission is to make crypto easy for everyone and its motto is “Get More From Your Crypto”. The company holds licenses in Hong Kong and Switzerland with more than 230 employees serving institutions and retail clients across Asia and Europe. For more information, visit www.matrixport.com.