What Is Dollar Cost Averaging?
Dollar cost averaging (DCA) is an investment strategy where a person invests a set amount of money over given time intervals, such as after every paycheck.
Investors choose this investment strategy when long term growth of an asset is foreseen, but a removal of short term volatility is desired.
Take The Work Out Of Investing
Warren Buffett and other expert investors recommend dollar cost averaging:
"If you like spending six to eight hours per week working on investments, do it. If you don't, then dollar-cost average into index funds." ~Warren Buffett
Bitwage Makes Bitcoin Dollar Cost Averaging Simple
Bitwage allows you to dollar cost average by receiving a portion of your salary in Bitcoin.
Employees and freelancers can have any percentage of their wages converted into Bitcoin without their employers needing to sign up.
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Software Developer
Consultabit launched public beta of a new crypto portfolio tracker!
Consultabit makes tools such as the Bitcoin dollar cost average calculator, as well as education and guides for the blockchain community.
Disclaimer
All information on the website is intended to educate users about Bitcoin and investing.
However, none of the information is financial advice. Bitcoin is a risky asset and it is up to the user to make their own financial decisions.
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The Bitcoin Dollar Cost Average Calculator above utilizes data from CoinGecko and Coinpaprika.
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