Dollar Cost Averaging (DCA)

What is DCA?

DCA is a strategy where you invest a fixed amount of money at regular intervals, regardless of the asset's price. This approach offers several advantages:

• Reduces timing risk - You don't need to worry about "buying the top"
• Lowers emotional stress - No need to watch the price constantly
• Creates good habits - Builds wealth consistently over time
• Simplifies investing - Set it and forget it

How I DCA:

After trying several platforms, I personally use River for my Bitcoin DCA strategy because:

• Simple, Bitcoin-only exchange with a clean interface
• Zero fees on recurring purchases. 1% otherwise. I personally use the recurring purchases feature to "set it and forget it"
• I keep 2 weeks worth of DCA in cash in River because it earns interest paid in Bitcoin (~ 3.8%)
• One free on-chain withdrawal every month, which I use to move my Bitcoin to self-custody without losing my interest gains
• Transparent proof of reserves, though nothing compares to self-custody. I don't recommend keeping Bitcoin on any exchange long-term, including River