Category: dollar-cost averaging

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Robinhood Launches Recurring Crypto Buy Feature to ‘Help Smooth Out Price Swings’

September 10, 2021

On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called dollar-cost averaging “in order to help smooth out the price swings.” Robinhood Rolls Out Recurring…
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DOGE Cost Averaging: Robinhood rolls out fee-free recurring crypto buy feature

September 9, 2021

Retail crypto traders on Robinhood can now set up commission-free recurring investments in multiple crypto assets on a daily, weekly, bi-weekly or monthly basis. Retail trading platform Robinhood has rolled out a new recurring crypto investment feature for users who want to dollar cost average (DCA) into a coin. Given DOGE accounts for 62% of…
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