Bitcoin’s Secret Function: Dollar Cost Averaging (Op-Ed)

Bitcoin’s Secret Function: Dollar Cost Averaging (Op-Ed)

Most people have no idea what their average cost per coin is and without knowing your cost, how can you make educated financial decisions? That's like running a business without knowing how much you paid for the products that you sell. Normal everyday people around the world will not realize Bitcoin’s potential until this function becomes a seamless wallet feature and as common as deterministic wallets are now. "Buy when there is blood in the streets, even if the blood is your own." This is an old saying that relates to trading stocks but it also holds true for a number of commodities that....


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Personal Finance Guru Advises Dollar-Cost-Averaging Into Bitcoin

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Warren Buffett praises stocks Dollar-cost averaging — but does it work for Bi...

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Robinhood Introduces Dollar Cost Averaging For Bitcoin Price Exposure Product

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What is dollar-cost averaging (DCA) and how does it work?

To lessen the impact of volatility on the overall purchase, investors use the dollar-cost averaging (DCA) investment technique to spread out the total amount to be invested among multiple purchases of a target asset. Many crypto enthusiasts just start investing in cryptocurrencies without a strategy behind it. However, they should be aware that an investment plan is essential when you begin investing in crypto. By sticking to a strategy, you will have a clear overview and become less susceptible to the substantial price fluctuations in the crypto market.Related: A beginner’s guide to....