Coinbase Adds Solid Feature

in bitcoin •  6 years ago 

It might not seem like much but it actually is one of the smartest things you can do when it comes to investing.

The power of dollar cost averaging

Or buying a stock, crypto or savings money every day, week or month.

It's not till you actually start to do this that you see just how powerful it is and within a year or more you have a substantial amount of capital to your name.

Coinbase now offers this on all of the coins they offer.

Simply login to your account and click on the get started button seen here.

getstarted.png

With how fluid bitcoin has been as of late I might setup a daily lower number to start out.

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They will track every single transaction you make 😳😂

Posted using Partiko iOS

Makes it easy come tax time

Posted using Partiko Android

LOLZ

Might not be laughing when they come knocking on your door for tax evasion just sayin ;) still rules you have to play by

Smart to set this up and buy without worrying what the cost is

This has been in place for a while, hasn’t it? Or was it only on BTC and ETH?

Posted using Partiko iOS

maybe but its now front and center on the page and applies to all. I'm curios if they will do a package plan like they have for one time buys.

Yeah, or kinda like a “make your own ETF” function. 50 BTC/30 ETH/10 ETC/5 XLM/5 ZRX, for example. Sign up for DCA and you get a discount on the fees.

Posted using Partiko iOS

that is a good idea would be awesome to be able to set that up automatically and then make adjustments day to day/week/month as you see fit.

Totally! Brian Armstrong should hire us! 😂😂😂

Posted using Partiko iOS

Dolloar Cost Averaging is a great way to build a long term position! The tools will just help improve adoption over time!

Posted using Partiko iOS