'Rich Dad Poor Dad' writer says average investors should adopt Dollar Cost Averaging (DCA)
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Gold dropped $10 today. Silver 14 cents. This is where “Dollar Cost Averaging” pays off. Rather than pretend to be Warren Buffet picking bottoms I am an average investor “accumulating” the asset I want for the long term. I have been accumating gold, silver, BC and real estate…Dollar Cost Averaging is employed when acquiring investment assets and taking advantage of price changes in order to manage risk.
With Bitcoin allegedly forming a significant part of his portfolio, he has maintained an optimistic outlook on the coin, with very bullish projections issued in recent times. As earlier by U.Today, Robert Kiyosaki recently predicted Bitcoin's next stop is $135,000 as the growing Exchange Traded Fund hype raises expectations across the board.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0.
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