Dollar-cost averaging (DCA) is a long-term investment strategy that involves buying a fixed amount of an asset, such as a cryptocurrency, on a regular schedule, regardless of the price. This strategy can help to reduce the risk of buying an asset at a high price and then selling it at a low price.
Here are some of the benefits of leveraging DCA:
1. Reduces risk, especially the risk of buying an asset at a high price and then selling it at a low price, because you are buying the asset over time, which averages out the price you pay.
2. Makes it easier to invest, so you do not have to worry about timing the market. You simply buy the asset on a regular schedule, regardless of the price.
3. Can help you save money because you are buying the asset on a regular schedule.
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