I have searched and seen that;
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Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.
Well, this quote says "regardless of the price of the security", this is part of the sentence I do not agree with
For me, dollar cost average is buying, maybe same amount of bitcoin(for example) at a different price ranges while the market price is going down or in a bear mode.
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What is your best strategy for Dollar Cost Averaging, do you do it weekly, monthly?
What do you advice and why?
And my advice and why, dollar cost average is a good strategy to make more profit on your investment since it's helps to bring down or reduce your average buying price, by buying same amount of bitcoin at a cheaper price, you are reducing the over all buying price of all the bitcoins bought in the period.
