Quote from: Viscore on Today at 08:42:09 PM

There's no other effective way to accumulate bitcoin than to follow DCA, otherwise you will complain all the time about the highly cost of bitcoin. However, by doing DCA, you can extend your bitcoin hodling with how many years you are comfortable of hodling, just continue to be patient and positive on any of your investment, it will really give you a successful outcome.

Applying dollar-cost averaging is very simple, and you do not necessarily have to invest in dollars; the approach works well with any other currency. You first have to determine the total amount of money and the cryptocurrencies you wish to invest in. Then, instead of investing the money all at once, you invest it in small equal installments over a specific length of time.
DCA is the best approach for individuals who are not professional investors. It can save an investor a lot of effort trying to time the market in order to get the best prices. It is a tool for investing slowly and consistently and it aims to protect against the human tendency of wanting to gain all at once. By buying when others might sell, dollar-cost averaging can potentially help you to reap the benefits of buying low and selling high.