Dollar-Cost Averaging

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…