💸 What is #DCA (Dollar Cost Averaging)?
It is an investment strategy that involves buying a fixed amount of an asset (such as cryptocurrencies) at regular intervals (weekly, monthly, etc.), regardless of the market price.
⚙️ How does it work with Auto-Investment?
• You automate your purchases: for example, you buy $50 in $BTC every Monday.
• You avoid the stress of timing: you don’t need to guess when the “best time” to buy is.
• You average the price: by buying at different times, your average entry price is smoothed out.
• Ideal for the long term: especially useful if you believe in the future growth of a project.
🧠 Key advantages
• ✅ Reduces the impact of volatility
• ✅ Encourages financial discipline
• ✅ Ideal for those who don’t want to be glued to the chart