Bitcoin\u00a0price jumped to $ 24,000, bypassing major barriers days before the end of 2020. Those who think it is expensive to buy bitcoin now might consider the\u00a0dollar-cost averaging technique.\r\n\r\nLast week, the leading cryptocurrency drew a very successful graph. It broke the\u00a0$ 20,000\u00a0level that it had not been able to beat for a long time, and reached\u00a0$ 23,000\u00a0within a few days. Finally, with the impact of\u00a0Elon Musk\u2018s bitcoin comments on\u00a0Twitter, the price surpassed\u00a0$ 24,000.\r\n\r\nThe mainstream media has been full of bitcoin news for the past week. Some say these levels are still low, hoping that the price will jump even further. Others say even\u00a0$ 24,000\u00a0is high enough and they are now late. Although everyone has different comments, crypto supporters are certain that the price will continue to rise in the near future.\r\n\r\nAt the time of writing, the leading coin is trading at $ 23,866, up 1.34% in 24 hours, according to\u00a0CoinMarketCap data.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nDCA Investment Technique for the Volatile Crypto Market\r\nBitcoin\u00a0trading can be done in different ways. As a short-time trader, you can earn hundreds or thousands of dollars from such momentary price increases. Or you can be a\u00a0\u201chodler\u201d\u00a0and keep your bitcoins for a long, despite whale movements and price drops.\r\n\r\nBetween these two, there is another type of investor who doesn\u2019t have time to follow\u00a0BTC \/ USD\u00a0technical analysis because of their full-time jobs. These average investors can neither buy large amounts of Bitcoin nor spend time on the techniques of short-term price fluctuations. Here is another way to trade BTC in times of\u00a0bullish\u00a0and\u00a0bearish\u00a0cycles for such investors who are also risk-averse.\r\n\r\nThe dollar-cost average (DCA)\u00a0is an easy and more effective technique to invest in volatile markets such as cryptocurrencies. The logic of the technique is briefly defined in this way. Instead of trading a large amount at once, an investor can divide that amount over time and make small but continuous transactions.\r\n\r\n\r\n\r\nAs shown in the chart, if an investor had invested 100 dollars per week in BTC for three years since 2017, they would have a portfolio worth\u00a0$ 40,867\u00a0at the current\u00a0Bitcoin\u00a0value. The investment, which was 100 dollars a week,\u00a0$ 15,700\u00a0in total, would have gained\u00a0160%\u00a0in three years. All in all, if you are an investor who is afraid of taking huge risks, it\u2019s not too late to invest even now.\r\n\r\n#coinsfera #cryptonews #buybitcoinistanbul #buybitcoindubai #buybitcoinkosovo #buybitcoinwithcash #sellbitcoinwithcash #buybitcoin #sellbitcoin\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nDisclaimer: All information provided in the content is for informational purposes only and should not perceive as an investment, financial, or trading advice. Any investment decision you make should be a personal choice based on financial knowledge, experience, and market research.