A simple investment strategy which involves spreading total investment capital over a long period of time to reduce the effect of price volatility.

Dollar Cost Averaging (DCA) is a simple and common strategy whereby traders invest their capital periodically over time in a particular asset. By continually committing a specific amount of money on the asset, the trader gets more experienced and grows more familiar with the different dynamics of the price of the asset. Even more directly, a trader that uses DCA is less vulnerable to emotional decisions especially when there is instability in the market.

DCA is a common investment strategy because it is easy to do. There is no particular approach or style of using this strategy, except in choosing the amount to be invested and the asset to allocate these funds to.

A phenomenon that is characterized by a malfunction in a blockchain network such that a particular cryptocurrency can be spent more than once.

Double spending occurs when users can spend a cryptocurrency more than once due to errors in the transaction record on the blockchain. This is an occasional problem that happens when there is a breach on a blockchain network, often in the form of a malicious attack. This attack (known as a 51% attack) opens up the accounting ledger to errors. In this way, a user can spend their cryptos, modify the block with records of the transaction, and reclaim the spent coins to use at a later time.

Double spending is one of the gaps that can arise from using blockchain technology. However, following recent innovations in crypto space, the odds of double spending occurring is very low.

A sensible suggestion to traders to verify information before making decisions.

Do Your Own Research (DYOR) is a suggestion that is commonly made to newcomers to the world of trading. The motive behind this suggestion is to encourage traders to confirm widespread statistics and news before settling on a trading or investment course. This is particularly important where there is little control over the creation and spread of information. Thus, DYOR serves to caution traders against misinformation, especially because of the pervasiveness of half-truths and propaganda on social media.

DYOR is even more useful in the world of cryptos and blockchain technology. Due to the still growing pillars and applications of the new and innovative system of decentralized finance (DeFi), the dissemination of falsehood is very common. Thus, DYOR is one of the basic guards against this problem.

Dollar Cost Averaging (DCA)

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