Technical and on-chain analyst Ali Martinez shared a strategy for buying Bitcoin at regular intervals, regardless of potential downside price action.

The term “cost-averaging” refers to reducing the impact of short-term market volatility on traders’ investments. By purchasing more Bitcoin when prices are low and less when prices are high, traders can average out the cost per Bitcoin.

Martinez sees four important steps for implementing this strategy:

• Budgeting
• Deciding on intervals
• Finding the right exchange
• Starting to stack sats (regular bank transfers to an app that automatically purchases Bitcoin).

Also Read: Bitcoin Rally ‘Is Over’: Crypto Trader Points To These ‘Sufficient Reasons’ Why Top Is In

Why It Matters: In the DCA strategy provided by Martinez, he suggests buying Bitcoin at each price point with a difference of $1,000.

• Buy 0.5 BTC at each price point starting from $65,130 all the way down to $62,130.
• Buy 0.65 BTC at each price point starting from $61,130 all the way down to $58,130.
• Buy 0.8 BTC at each price point starting from $57,130 all the way down to $54,130.
• Buy 0.95 BTC at each price point starting from $53,130 all the way down to $50,130.

In an earlier post on March 17, the analyst stated that he will hold his positions and is prepared for the bull cycle’s first 30% price correction. He also assumes that market makers will attempt to grab a huge liquidity pool between $50,000 and $49,000 before pushing the price to new highs.

Read Next: Bitcoin ‘Could Decline To $63,000,’ Says 10x Research Report, While Ethereum Faces Challenges

Image: Shutterstock