DCA Strategy Explanation
Invest in cryptocurrencies, buy bottoms, sell peaks and be afraid of fluctuating prices and rest in your investment? đ€
The DCA strategy is simple and capable of giving you all these things and also without the effort of the bot of the Pinance Platform is tasked to you ïżœ
âDCA = Dollar Cost Averagin
It means investing a fixed amount at certain regular intervals regardless of the asset's or currency's price ïżœ
For example, investing $100 or $1000 a month or a week in a currency we could say
The benefit of DCA is that it reduces the average currency purchase by buying regularly, whether the market is up or up