| Hi John!
Whether you are buying precious metals, mining stocks or cryptocurrencies, it is important to consider the timing of your purchases. This is an often overlooked detail, but it can be very important to your cost basis and reduce your stress levels when buying.
'Tranche' is a French word for slice and refers to pieces or portions of something. In this case, we are talking about buying stocks, bullion or cryptocurrencies in tranches in order to make sure that you don't go 'all in' at the wrong moment just before a correction.
Prices for precious metals and cryptocurrencies are very volatile and nearly impossible to predict in the short term. Furthermore, studies show that over time you will usually end up with a lower cost basis by spacing out your purchases into tranches.
If you have $60,000 that you want to invest, you might consider splitting up your purchases into monthly tranches. Buy $20,000 worth now, $20,000 worth in one month and the final $20,000 worth the following month. Furthermore, you may consider making regular purchases of a set amount each month in order to continue building your position. As a long-term cryptocurrency bull, I use this strategy.
Keep your eye out for the next email in this series, as I will share with you some of my secrets for how to pick winning stocks or top-performing cryptocurrencies!
Get our top stock and crypto picks by signing up for one of our premium newsletters!
Cheers,
Jason Hamlin
President - Nicoya Research
 Jason Hamlin is the founder of Nicoya Research and has published investment research since 2005. He previously worked in data analytics for Nielsen, the world’s largest market research firm, where he consulted to Fortune 500 companies including Nestlé, Johnson & Johnson and Del Monte. Jason eventually left the corporate world and leveraged his analytical skills to successfully trade stocks full-time while traveling the world. After helping his parents double their investment portfolio in under two years, Jason decided to start Nicoya Research and share his investment research and strategies to help others achieve financial freedom. | 
