Dollar-Cost-Average (DCA) is a simple investment strategy where you invest a fixed amount, no matter the price or fluctuation of the market. It aims to balance the cost of your investments, minimizing risk and the stress of market ups and downs. It’s perfect for bitcoin!
The opinions expressed in the blog are for general informational purposes only and are not intended to provide financial advice or recommendations.
While it would be great to consistently get bitcoin when the market is at its lowest, timing the market is difficult. Even professional investors get it wrong and miss key opportunities. The best strategy is to put money in regularly without stressing about what the market’s doing. Plus, you’ll buy more often and accumulate more bitcoin without having to think about it!
Note it’s always a good idea to keep an eye on the market and top up your bitcoin balance whenever you find a good opportunity.
To DCA, simply set up an amount and rhythm - daily, weekly, monthly - automate the transactions with bittr and get bitcoin recurringly in your wallet. Over time the purchase value will find a balance between the ups and the dips. Your bitcoin balance keeps growing - hassle-free.
Start Dollar-Cost-Averaging with bittr
Don’t just take our word for it. Google it (or take a look at the DCA Calculator) and share your findings with us on Twitter #bittrfordca.
Do you have any questions? Reach out to us at hello@getbittr.com.