BTCSaver on Nostr: Acronym for Dollar Cost Averaging. It’s a savings/investment strategy. The idea is ...
Acronym for Dollar Cost Averaging. It’s a savings/investment strategy.
The idea is that you put a specified amount of fiat into a savings account or any asset on a consistent schedule.
When regarding an asset, you buy regardless of the price action or narratives. You just buy, don’t think.
The schedule could be daily, weekly, monthly or any other consistent interval.
Lump sum is the opposite. I’m sure you can figure that one out. Hope that helps.
The idea is that you put a specified amount of fiat into a savings account or any asset on a consistent schedule.
When regarding an asset, you buy regardless of the price action or narratives. You just buy, don’t think.
The schedule could be daily, weekly, monthly or any other consistent interval.
Lump sum is the opposite. I’m sure you can figure that one out. Hope that helps.