Financial Freedom with Dollar Cost Averaging (DCA) Strategy
Even though the crypto market is volatile, don’t let your goal of financial independence die. DCA, or Dollar Cost Averaging, is the best answer for those of you who want to invest in crypto assets on a consistent and regular basis. Of course, you could minimize risk and maximize profit with this strategy because you invest on a regular basis to achieve the best average buying value.
Introducing the DCA Strategy
DCA is a crypto investing strategy that is performed out on a regular, consistent basis at every period. Simply put, as an investor, you will consistently invest the same amount of cryptocurrency assets over a predetermined period of time.
Eventually, This strategy will significantly benefit you in minimizing the risk of loss. How so? The reason for this is that you have made consistent investments, resulting in a much better average purchase value.
Lastly, DCA is seen to be highly helpful for newbie crypto investors who do not yet have the capacity to read market conditions up or down, because the Dollar Cost Averaging strategy requires investors to regularly buy crypto assets on a regular basis. That way, the average price of crypto assets that you get will be better.
What are the Benefits of DCA? Can We Achieve Financial Freedom Through This Strategy?
This Dollar Cost Averaging strategy offers a number of advantages, including:
- Investors will avoid the risk of buying a crypto asset at the wrong time.
- Free of the risk of investing based on emotions, might referred to as anti-FOMO.
- The ideal solution for long-term investors.
So, could this strategy help us in achieving financial freedom? The quick answer is, yes, you can. As everyone know, financial freedom is not something that can be achieved overnight. In order to achieve financial freedom, it requires the effective and consistent strategy. By implementing the DCA strategy in crypto investing, this can be the easiest and most brilliant first step and lowest level risk for you.
Can We Do Automatic Dollar Cost Averaging (DCA)?
In fact, implementing the DCA strategy manually will take up a lot of your time, effort, and brain. The reason is, paying attention to crypto charts constantly can be quite stressful. For this reason, NOBI presents the Auto-Buy feature.
NOBI is super thrilled to help you manage your crypto asset purchases consistently through the NOBI Auto-Buy. You can make this solution the best weapon for implementing the Dollar Cost Averaging (DCA) strategy with minimal effort. Yes, what are you waiting for? Let’s get maximum gains, with minimum effort.
NOBI Auto-Buy is a feature where you can manage your crypto purchases automatically and periodically, with options; daily, weekly, biweekly and monthly. Buying crypto assets is now automatic and simpler, without any hassle! Interestingly, you can also activate the Auto-Buy feature starting from Rp. 20,000 only. This feature is the right answer for crypto you who want to keep growing your crypto assets consistently, to get maximum profits in the midst of hectic daily activities.
Related article: NOBI Auto-Buy: Tips for Growing Your Crypto Consistently with the DCA Strategy
Closing Thoughts
Achieving financial freedom from crypto is not impossible. Particularly now that there are greater strategies and methods to make it simpler for us to make it happen. Dollar Cost Averaging is one of the most popular and has previously been proven to be successful (DCA). Still, it can’t be denied that manually implementing DCA is not very effective. This strategy is not only time and energy consuming, but also unfriendly to newcomers to the crypto industry. Therefore, the most effective option for you at this time would be to start an automated DCA with Auto-Buy.