“This difference might indicate that lower-income investors need more support with investment decisions, including maintaining regular contributions and sticking to a trading decision without emotional influence,” the report said.
“Lower-income investors most often choose riskier strategies like trying to time the market,” the report added, noting that respondents making less than $75,000 tend to prefer that strategy instead of dollar-cost averaging, whereas the vast majority of respondents making more than $150,000 privileged the more cautious route.
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Tom Carreras
https://www.coindesk.com/markets/2024/10/08/crypto-investors-mostly-dca-into-their-coins-finds-kraken/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-08 16:48:36
