Dollar-Cost Averaging: Why It’s Ideally Suited to Crypto Investing (And How to Use It to Your Advantage)
Dollar-cost averaging (DCA) is one of many tools crypto investors have borrowed from the world of conventional investing and, in fact, is ideally suited for the job.
(I should mention here that crypto exchanges often refer to their DCA option as a “recurring buy.” The terms are interchangeable.)
You’re likely already familiar with DCA – you’ll often hear Chief Crypto Strategist Nick Black talk about it on American Institute for Crypto Investors LIVE as part of his crypto investing strategy…
It’s one of the nine core steps he recommends before making an investment.
But how exactly can you use dollar-cost averaging to your advantage in crypto investing? That’s what I’m here to break down for you.
We want to help you make more money than you know what to do with, and dollar-cost averaging is an essential part of that.
So today, I’m going to go back to basics to show you what DCA is, why anyone would want to do it, and how you can apply it to your own crypto investing strategy…