Averaging
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A Simple Guide to Dollar-Cost Averaging (DCA) & Buying Crypto
- November 10, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
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What Is Dollar-Cost Averaging? Dollar-cost averaging (DCA) is a strategy for reducing the risk of purchasing a cryptocurrency with large price volatility. It works by investing a predetermined amount and spreading purchases at regular intervals, regardless of the asset price at each interval. For example, instead of buying $10,000 of Bitcoin in one purchase today,