How does dollar cost averaging daily compare to dollar cost averaging weekly when investing in digital currencies?

1 answers

• Mohamed FarhoudJun 10, 2024 · a year ago
  As an expert at BYDFi, I would recommend dollar cost averaging weekly when investing in digital currencies. This strategy allows for a more passive approach and reduces the need for constant monitoring. It also helps to minimize transaction fees. However, it's important to note that every investor is different, and what works for one person may not work for another. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.
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