How to Set up a Recurring Investment in Bitcoin

Recurring Investment in Bitcoin
Experienced bitcoin investors typically invest in bitcoin by making recurring investments. The good news is: you can do the same!

In this guide, you will learn how to set up a recurring bitcoin investment with as little as €10.

What is a Recurring Investment?

A recurring investment refers to regularly buying an asset to build a large investment position in that asset over time.

For example, say you want to build a stock portfolio composed of European stocks. To do that, you could set up a weekly recurring investment in an ETF that tracks the EURO STOXX 50 stock index. By investing €50 euros weekly for several years, your small investments will grow into a multi-thousand euro stock portfolio.

The technical term for this investment strategy is dollar-cost averaging.

Dollar-cost averaging involves buying a fixed dollar (or euro) amount of an asset at regular intervals over a long period of time.

The idea behind this investment strategy is to “smooth out” volatility by investing a fixed amount each week or month regardless of the price at which the asset is trading. Moreover, it empowers small investors to build a large investment position over time without having to put a lot of initial capital money down.

Of course, you can apply dollar-cost averaging to bitcoin as well by setting up a recurring bitcoin investment.

In fact, many experts agree that bitcoin is well-suited for dollar-cost averaging due to its volatility and promising risk/reward ratio.

Now, let’s look at how you can dollar-cost average bitcoin by setting up a recurring bitcoin investment with Relai.

Setting up a Recurring Bitcoin Investment in 3 Easy Steps

Bitcoin DCA

Arguably, the easiest way to set up a recurring investment in bitcoin is using Europe’s easiest bitcoin investment app, Relai.

Relai allows you to make bitcoin purchases using a bank transfer within minutes. What’s more, it enables you to set up recurring bitcoin investments.

“We have built Relai’s auto-invest feature to enable individuals to start investing in bitcoin in a fully automated manner with as little as €10 on a weekly or monthly basis simply by setting up a recurring bank payment.”

Julian Liniger, Relai CEO

We believe that this is a great way to empower young and first-time investors who may have little investable capital to start growing their savings in bitcoin.

To start auto-investing in bitcoin using Relai, all it takes is three simple steps:

  1. Access the App Store or Play Store and download the Relai app.
  2. Type in the amount of bitcoin you want to buy (in EUR or CHF). Then, choose whether you want to invest on a weekly or monthly basis.
  3. Finally, set up a recurring bank transfer for the amount of bitcoin you are buying on a regular basis to complete the auto-invest setup. 

And that’s it! That’s all it takes to set up auto-investing in bitcoin with Relai.

Disclaimer: None of this content constitutes investment advice. Always conduct your own research before investing in any digital asset.

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