Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Dollar-Cost Averaging
What is Dollar-Cost Averaging (DCA)?
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides the total amount of money to be invested across periodic purchases of a particular asset, regardless of the asset's price. The goal of this strategy is to reduce the impact of volatility on the overall purchase. How Does it work? Here's an example of how Dollar cost averaging works with a cryptocurrency such as Bitcoin: Let's say you have $10,000 that you want to invest in Bitcoin. Instead…
Block Education
@BlockEducation
4 weeks ago 89 views