DCA Strategy Explanation
Invest in cryptocurrencies, buy bottoms, sell peaks and be afraid of fluctuating prices and rest in your investment? 🤔
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 �
DCA = Dollar Cost Averagin
It means investing a fixed amount at certain regular intervals regardless of the asset's or currency's price �
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
