Dollar cost averaging is a simple and effective way to make money with take a look here cryptocurrency investing. It is a long-term strategy that is ideal for crypto beginners that can choose any amount to spend and decide on the frequency as opposed to making a large one-off purchase. The benefit of DCA is that it removes the stress associated with price volatility in the crypto market that often leads to making losses by attempting to buy/sell the bottom and tops of a cycle. Passivity and Simplicity. Because dollar-cost averaging is a long-term investment strategy that isn’t based on purchasing at specific price points, it requires less attention, expertise, and analysis from an investor. Combine these qualities with automation, and it’s possible to achieve long-term asset growth without having to commit much oversight to your investment.