Crypto-friendly payments company Strike has launched a dollar-cost averaging (DCA) product in the U.S., the company announced Thursday.Users, except for those in Hawaii and New York, can create recurring bitcoin purchases for as little as 50 cents, with no fees. This can be done on a monthly, weekly, daily and hourly basis.“Recurring purchases allow our users to deploy one of … [Read more...] about Strike Launches Dollar-Cost Averaging Product in US
Averaging
The Power of a Dollar-Cost Averaging Strategy
Under this scenario, you’d have the client save $33,600 over the next ten years, and that initial $12,500 investment would grow to be $2,181,625. Is that risking too much of the portfolio at 2.5%? Is $3,360 per year asking too much to save for someone with a $500,000 portfolio? You could likely fund the bitcoin dollar-cost averaging strategy with the income from that … [Read more...] about The Power of a Dollar-Cost Averaging Strategy