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The Best Way to Save in Bitcoin - Wicked Smart Bitcoin (Bitcoin Talk on THE Bitcoin Podcast)

THE Bitcoin Podcast

CHAPTER

Harnessing Dollar-Cost Averaging in Bitcoin

This chapter explores the strategy of dollar-cost averaging (DCA) in Bitcoin investments, emphasizing its effectiveness in managing costs over time. Through historical analysis, it highlights the benefits of consistent investing during market fluctuations, particularly focusing on how early adopters can significantly reduce their cost basis. The discussion also addresses common fears among new investors regarding market timing and advocates for starting small to cultivate a sustainable investment habit.

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