Questions tagged [recurring purchases]

BlockchainLegendary Fri Jul 12 2024 | 7 answers 1420

For those who are just getting into the world of cryptocurrency investing, one strategy that often piques interest is recurring bitcoin purchases. Could you elaborate on how this process works? Specifically, I'm curious about how investors set up recurring transactions, what platforms offer this service, and how the pricing is determined for each purchase? Additionally, I'd like to know if there are any benefits or risks associated with this approach, such as the potential for cost averaging or the increased exposure to market fluctuations. Thank you for your insight into this matter.