Reku Reveals Strategies for Optimizing Crypto Assets in the Midst of Market Volatility

Illustration of crypto assets (photo: Pixabay)

JAKARTA - Crypto market movements tend to be significantly volatile over the past week. Based on Coinmarketcap data, on Wednesday, August 23 this morning, the prices of a number of assets such as Bitcoin fell 10.99 percent and were at the level of USD 25,993.

Meanwhile, Coinmarketcap also saw that Ethereum (ETH) weakened by 10.72 percent in a week, so it was at the level of USD 1,630 or equivalent to IDR 24.9 million.

According to Ajaib Kripto Financial Expert, Panji Yudha, the decline in Bitcoin prices has occurred since the minutes of a policy meeting by the Fed, regarding the potential increase in inflation which will also lead to the potential for further interest rate increases.

Nevertheless, some traders admit that there is still potential to go green. Even so, these conditions need to be considered by crypto asset investors to reconstruct their investment strategy.

Robby as Reku's Chief Compliance Officer (CCO) explained that investors need to conduct in-depth research and understand their respective risk profiles amidst market volatility.

“This is important to assist investors in making careful planning. Investors can also be wiser in choosing the type of asset that suits their risk profile," Robby said in a statement received in Jakarta.

Not only that, Robby continued, that investors can also choose a number of techniques to optimize assets, one of which is Dollar Cost Averaging (DCA).

“Among them are Dollar Cost Averaging or DCA, in which investors buy a number of assets regularly and in a disciplined manner. Apart from that, investors can also do staking or lock up crypto assets to get passive income," he concluded.