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Dollar-Cost Averaging (DCA) Explained


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What does the dollar cost averaging?

An investment tactic called dollar-cost averaging tries to lessen the effect of volatility on the acquisition of assets. It entails acquiring the asset in equal fiat quantities over time.

Why use dollar-cost averaging?

Dollar-cost averaging's key advantage is that it lowers the danger of placing a wager at the wrong time. When it comes to trading or investing, market timing is one of the most difficult things to do.

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