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DCA best explanation

Bitcoin Reddit

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I'm sure almost everyone gets why DCA works, but a simple explanation is always a thing of beauty to be shared:

If you spend the same amount at regular intervals, on a thing whose price is going up and down, you are automatically buying more when it's cheap and less when it's expensive.

It really is a beautiful thing. Plus it needs no maintenance once set up.

submitted by /u/c_malc
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