| Mobile Web

Changpeng Zhao says crypto investing is hard without knowing DCA strategy

Changpeng Zhao (창펑 자오), founder of Binance, again underscored the importance of dollar-cost averaging (DCA) for cryptocurrency investors. He wrote that investors seeking to build assets over the long term must understand DCA and learn basic financial terms. DCA involves investing a fixed amount at regular intervals regardless of price, which can reduce emotional decision-making. Zhao also cautioned it is not foolproof and cannot eliminate losses.