What is DCA?
Dollar-cost averaging (DCA) is an investment strategy in which you regularly purchase an asset for a fixed amount of money, regardless of its current price. This approach allows you to accumulate more units of the asset when its price is low and fewer units when its price is high. By avoiding the need to predict market fluctuations, DCA reduces risk and provides a reasonable average price for the asset.
DCA is used by many investors on traditional markets and works amazingly with volatile assets like Bitcoin and Ethereum.
💡 Example: Buy Bitcoin for $10 every day.