TODAY LETS TALK ABOUT DCA
What is Dollar Cost Averaging Bitcoin?
Bitcoin dollar cost averaging consists in investing a fixed amount of USD, into BTC, on regular time intervals.
Purchasing $10 every week, for example, would be dollar cost averaging.
It’s January 1st, 2018, and John decides to purchase $5,000 worth of Bitcoin today.
The Bitcoin price at the time was $13,800 per coin, which means that John now owns 0.362 BTC.
Investing in Bitcoin using DCA (Example)
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It’s January 1st, 2018, and Alice decides she wants to purchase $5,000 worth of Bitcoin.
However, instead of investing the entire amount today, she decides to purchase $500 every month, for 10 months.
10 months later, Alice owns 0.61 BTC.
That’s allmost twice as much as John, even though both invested the same amount.
