Dollar-Cost Averaging (DCA): What It Is, How It Works, and Example

Dollar-cost averaging explained | Fidelity

So here’s the textbook definition: Dollar-cost averaging is an investing strategy where you invest a fixed amount of money at regular intervals, no matter what the price is. Over time, this helps smooth out your average cost and removes the stress of trying to perfectly time the market 📉⏳. My honest take: I sort of mixed my own understanding with the definition because personally I find it hard to buy without checking the price 👀. If something has pumped hard that day, I struggle to buy blindl