DCA

In the early morning of today’s Asia time, Jack Dorsey, CEO of Block Inc., revealed the company’s latest plan. Dorsey stated that it intends to purchase Bitcoin (BTC) monthly, utilizing the dollar-cost averaging (DCA) method. This move highlights Block’s commitment to integrating Bitcoin into its financial strategy. Moreover, it also emphasizes Dorsey’s position as a prominent “Bitcoin maximalist.” Details of Block’s Bitcoin DCA Strategy Unveiled Dollar-cost averaging is an investment approach where the same dollar amount is invested in a…

Bitcoin is still the most prominent cryptocurrency, with a market capitalization above $ 850 B. Its value rose in early 2021 to smash the $60,000 mark and even set an all-time high at $69,000. It can compare the recent spike in Bitcoin to the 2017 bull run, where Bitcoin's price eventually lowered massively. It's the nature of all cryptocurrencies, but they still provide remarkable opportunities to earn profits. Financial technology experts are constantly devising investment strategies like the dollar-cost averaging…

Profit Trailer is an automated trading bot designed to free up your time and help you achieve your investment goals without the need to monitor the market constantly. These helpful protocols rely on pre-determined formulas that trigger a buy or sell order under certain market conditions. As such, trading bots are more popular than ever. It is considered one of the most popular options in the market. The platform boasts more than 30,000 active traders at this time. Additionally, it’s…