Maximize Gains and Minimize Risk: The Power of Dollar-Cost Averaging and Bitcoin
The common strategy of dollar-cost averaging (DCA) is a time-tested and simple way for investors to take the emotion out of investing and maximize exposure to an asset. By consistently making investments on a recurring basis, a DCA strategy helps portfolios weather periods of volatility and at times, even produce returns in the worst of bear markets.
Although DCA has been around for a while, it turns out this strategy can be employed with one of the newer assets in the financial world, Bitcoin (CRYPTO: BTC).
Image source: Getty Images.
Source Fool.com
