Dollar Cost Averaging (DCA) vs. Hodling in Cryptocurrency

Investing in cryptocurrency can be an exciting yet confusing venture, especially for beginners. Two popular strategies to navigate the volatility of the crypto markets are Dollar Cost Averaging (DCA) and Hodling. What is Dollar Cost Averaging (DCA)? Dollar Cost Averaging (DCA) is an investment strategy that involves purchasing a fixed dollar amount of a specific asset at regular intervals, regardless of its price. The principle behind DCA is to reduce the impact of volatility on the overall investment by spreading…