DCA or Dollar-Cost Averaging is a form of long-term investment by investing the same amount of capital every month, regardless of the asset price at that time. The objective is to reduce the risk of volatility in asset value.
This type of investment is believed to be suitable for beginners or those who do not have much time for speculation or price observation.
DCA can also help investors manage their stress easier and reduce 'emotional investment' when making decisions to trade especially during high market volatility.
For more detailed information about DCA, please click here.
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