Discover and read the best of Twitter Threads about #DollarCostAveraging
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DCA aka Dollar Cost Averaging📚
The most effective tool for a normie to invest
▪️ What is it?
▪️ Why is it so effective?
▪️ How it looks in reality?
▪️ Three types
▪️ When to use DCA & when do not
▪️ DCA out
▪️ Advanced techniques 🧐
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The most effective tool for a normie to invest
▪️ What is it?
▪️ Why is it so effective?
▪️ How it looks in reality?
▪️ Three types
▪️ When to use DCA & when do not
▪️ DCA out
▪️ Advanced techniques 🧐
1/25
▪️ What is it?
Book explanation:
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across multiple purchases in an effort to reduce the impact of volatility on the overall purchase
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Book explanation:
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across multiple purchases in an effort to reduce the impact of volatility on the overall purchase
2/25
In my own simple words, the trick is, we ain't trying to catch the precise bottom or the top.
We are merely trying to build an average price at a logical place with multiple buys or sell orders while being very close to it and still gaining immense profits.
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We are merely trying to build an average price at a logical place with multiple buys or sell orders while being very close to it and still gaining immense profits.
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