Dollar-Cost Averaging (DCA) For the people not knowing what Dollar-Cost Averaging (DCA) is, it consists in investing a fixed amount of money at regular intervals regardless the price of the asset/coin. For example: If you have $100 to invest per week, you invest that amount every week without taking care the price of BTC. This are the reasons why I think it is the best strategy for most of people:
Regarding to DCA out, it applies the same rules. You reduce the risk to get caught in sudden prices movements. TLDR; DCA in/out and enjoy life Disclaimer: This is not a financial advice ???????????? [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments