平均成本法（DCA）：一種長期加密貨幣投資策略

加密貨幣本質上是不穩定的，人們很容易將市場視為一系列短期賭博。然而，長期投資策略已被證明是有效的：平均成本法（DCA）。

Cryptocurrency is inherently volatile, and it’s easy to approach the market with a short-term mentality. However, a long-term investment strategy has been proven to work: Dollar-Cost Averaging (DCA).

加密貨幣本質上具有波動性，很容易以短線心態進入市場。然而，長期投資策略已被證明是有效的：平均成本法（DCA）。

Essentially, Dollar-Cost Averaging is a commitment to purchase a fixed dollar amount of a certain cryptocurrency at fixed, regular intervals. Many investors will automate these investments to avoid any emotion from getting in the way. One way to automate these investments is to buy a specific coin every 2 weeks with 1% of your biweekly paycheck.

本質上，平均成本是承諾以固定的、定期的時間間隔購買固定金額的某種加密貨幣。許多投資者會將這些投資自動化，以避免任何情緒的干擾。自動化這些投資的一種方法是每兩週用雙週工資的 1% 購買特定的硬幣。

This strategy is especially effective for new investors who want simple, long-term gains and don’t want to watch the market like a day trader, buying and selling dips and peaks. It’s protection against the market’s natural volatility.

這種策略對於想要簡單、長期收益並且不想像日間交易者一樣觀察市場、買賣逢低和高峰的新投資者特別有效。它是針對市場自然波動的保護措施。

Instead of buying $1000 of Bitcoin in a lump sum, you buy $100 every week for ten weeks straight. Then, you ignore the price and just make the same trade at weekly intervals.

您不是一次性購買 1000 美元的比特幣，而是每週購買 100 美元，連續十週。然後，您忽略價格並每週進行相同的交易。

During the course of that time, the price of a particular cryptocurrency will fluctuate. However, the overall entry point of the investment will average out and decreases the risk of buying high and selling low later for a loss. Your position price will average over time, giving you a stable return in the long run. Here are some practical steps to start with DCA:

在此期間，特定加密貨幣的價格將會波動。然而，投資的整體切入點將趨於平均，並降低隨後高買低賣造成損失的風險。您的頭寸價格將隨著時間的推移而平均，從長遠來看，為您帶來穩定的回報。以下是開始使用 DCA 的一些實際步驟：

First and foremost, figure out how much you’re comfortable investing on a regular basis. Most who invest using DCA want to invest small amounts that won’t affect them emotionally.

首先也是最重要的，弄清楚您願意定期投資多少。大多數使用 DCA 進行投資的人都希望投資少量的資金，不會影響他們的情緒。

Decide on when you want to invest. It could be weekly, biweekly, or monthly. Some make it an auto payment from their paycheck biweekly or monthly, so they don’t even see it go out.

決定何時投資。可以是每週一次、每兩週一次或每月一次。有些人每兩週或每月從工資中自動支付一次，所以他們甚至看不到這筆錢被花掉。

Use a reputable wallet app to keep your crypto assets safe. Remember you are investing for the long term, so set specific times quarterly or even annually to check on these investments.

使用信譽良好的錢包應用程式來確保您的加密資產的安全。請記住，您正在進行長期投資，因此請每季甚至每年設定特定時間來檢查這些投資。

The Binance team recently ran a dollar-cost averaging experiment where $10 per coin was invested on the same day each month for a three-month period. The experiment chose the coins listed on the Binance CMC Cryptocurrency Top 10 Equal-Weighted Index. The goal was to determine how each of the top 10 coins would perform when using a dollar-cost averaging strategy. The results showed that BNB saw a 56.23% return while BTC and SOL saw 21.70% and 30.69%, respectively.

幣安團隊最近進行了一項美元成本平均實驗，每個月的同一天對每枚代幣投入 10 美元，持續三個月。實驗選擇了幣安CMC加密貨幣十大等權重指數上市的幣種。目標是確定前 10 名代幣在使用美元成本平均策略時的表現如何。結果顯示，BNB 的回報率為 56.23%，BTC 和 SOL 的回報率分別為 21.70% 和 30.69%。

Rachel Conlan, CMO of Binance, emphasized the benefits of Dollar-Cost Averaging (DCA) for crypto investors, stating, “With Dollar-Cost Averaging, consistency becomes your superpower—it’s about turning market ups and downs into long-term growth.” She highlighted how this strategy empowers investors to stay disciplined, avoid emotional decisions, and build stable returns over time, regardless of market volatility.

幣安首席行銷長雷切爾康蘭(Rachel Conlan) 強調了平均成本法(DCA) 對加密貨幣投資者的好處，她表示：「透過平均成本法，一致性將成為你的超能力——它將市場的起伏轉化為長期成長。她強調了這項策略如何使投資者保持紀律，避免情緒化決定，並隨著時間的推移建立穩定的回報，無論市場波動如何。

Benefits of Dollar Cost Averaging

平均成本法的好處

1. Protects Against Volatility

1. 防止波動

Cryptocurrency experiences extreme price swings, which can be good or very bad. DCA is good for long-term investors who want to smooth out volatility and protect against painful losses in the short term. As long as you believe crypto will go up in the long run, then dollar cost averaging makes it so you don’t have to time the market for entries. Finding the “right time to buy” is a losing strategy in the long term because you never know when and by how much a particular coin is going to move.

加密貨幣經歷了極端的價格波動，這可能是好的，也可能是非常糟糕的。 DCA 對於想要消除波動並防止短期損失的長期投資者來說是有好處的。只要您相信加密貨幣從長遠來看會上漲，那麼美元成本平均法就會實現這一點，這樣您就不必為進入市場計時。從長遠來看，找到「正確的買入時機」是一種失敗的策略，因為你永遠不知道特定的代幣會在何時以及變動多少。

2. Removes the Risk of Emotional Trading

2. 消除情緒性交易的風險

Most experienced traders have horror stories of emotional trades made in the heat of the moment. Panic selling and trying to trade out of losses can start a spiral that sends new traders running from the crypto market forever. A consistent plan will help new traders steer clear of these pitfalls and avoid stress.

大多數經驗豐富的交易者都有過一時衝動進行情緒化交易的恐怖故事。恐慌性拋售和試圖擺脫損失可能會引發惡性循環，導致新交易者永遠逃離加密貨幣市場。一致的計劃將幫助新交易者避開這些陷阱並避免壓力。

3. Low Barrier to Entry

3. 進入門檻低

Many people think they need a certain amount to start investing in crypto, but DCA proves that’s not the case. Investors can start with a small amount of capital, perhaps what they can spare from a weekly pay packet, and then consistently buy more tokens over time. So, it’s a great way for low-income investors to make their first move into the crypto market. Contrary to public perception, low-income households are some of the biggest crypto investors, and many use the DCA strategy.

許多人認為他們需要一定的金額才能開始投資加密貨幣，但 DCA 證明事實並非如此。投資者可以從少量資金開始，也許是他們可以從每週的工資中節省下來的資金，然後隨著時間的推移不斷購買更多的代幣。因此，對於低收入投資者來說，這是首次進入加密貨幣市場的好方法。與大眾的看法相反，低收入家庭是最大的加密貨幣投資者之一，許多人使用 DCA 策略。

4. Averages Out Price Points

4. 平均價格點

Investing at regular intervals means investors inevitably buy coins during market highs and lows. It means a fledgling investor or an old hand can mitigate the risks of buying into a coin at an unsustainably high price.

定期投資意味著投資者不可避免地在市場高點和低點期間購買代幣。這意味著新手投資者或老手可以降低以不可持續的高價購買代幣的風險。

Disadvantages of Dollar-Cost Averaging

平均成本法的缺點

1. Sacrifices Biggest Gains By Design

1. 犧牲最大的設計效益

If investors can read the market, they can make more with a lump sum investment, especially in a strong and sustained bull market. When the prices keep rising, the tokens will cost more at every interval with the DCA strategy. It is still a winning strategy but leaves money on the table by design.

如果投資者能夠解讀市場，他們可以一次性投資賺更多錢，尤其是在強勁且持續的牛市中。當價格持續上漲時，使用 DCA 策略，代幣的價格在每個時間間隔都會更高。這仍然是一個制勝策略，但設計上卻留下了金錢。

2. Longer Time

2. 更長的時間