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Dollar Cost Averaging (DCA) is an investment strategy in which, regardless of the current market price, you spread your bitcoin purchases over a longer period of time with the aim of reducing the impact of volatility and paying a more average price. An additional advantage of DCS is the fact that 'timing the market' becomes of less importantance, and thus less stressful. Buying bitcoin without constantly having to check the price.
Would you like to apply DCA in your own strategy? Do it easily with our Bitcoin savings service Bits. Start saving with Bitcoin! Bit by bit.
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