DCA stands for “Dollar Cost Averaging.” It is a strategy for buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the asset’s price. The idea behind DCA is to reduce the impact of volatility on the purchase price of an asset by buying smaller amounts at regular intervals, rather than trying to time the market and buying a larger amount all at once. This strategy can be applied to buying cryptocurrency as well, where an investor would buy a fixed dollar amount of a crypto on a regular schedule, regardless of the crypto’s price.
