What is Dca (Dollar Cost Average)?This is a method for investors who are long-term holders who, instead of making a lump sum investment, make their investment through partial purchases of investment assets like bitcoin.
Benefits that we can benefit from this
- Reduces the potential for volatility
- Eliminates hasty decisions due to emotionality
- Easier to budget
- For busy people or beginners
- Can be used for buying or selling
Ref: https://www.finra.org/investors/insights/dollar-cost-averaging