Posts
LeoGlossary: Dollar Cost Averaging (DCA)
25
@leoglossary
··
0 views
1 min read
An investment strategy of buying a fixed amount of a certain asset at regular intervals. This is done regardless of price.
For many, this removes the emotions tied to investing. By setting up something that is automated, one knows the asset will be acquired, moving the average price around.
It is a strategy suited for long-term holdings.
Posted Using LeoFinance Beta