Binance Auto Investment: An investment tool super effective in the Crypto Market

One of the best strategies to invest in any financial market is a DCA (Dollar-Cost Averaging) Strategy. The DCA Strategy is suitable for almost investors, and perhaps in the long-term, I have not ever seen anyone lose because of this strategy. Suppose you are a lazy investor or would like to have a tool that can make an auto investment for you in the Crypto market. Let’s read this post below!

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What is Binance Auto Investment?

Binance Auto Investment is an investment tool that auto-invests according to the DCA strategy. Binance Auto Investment is the most suitable for two types of users:

• Investment Long-term
• Users who do not have time for deeply-research

Advantage

• Portfolio: Mainly TOP Coin or Coin has significant market cap => safety
• Your Stable coin is pending purchase, which still received interest.

Tutorial to access

Step 1: Access to https://www.binance.com/en/savings/auto-invest

Step 1:

Step 2: Choose a suitable product

Step 2

Step 3: Click to Create a plan

Step 3

Step 4: Deposit USDT from your wallet and choose your Recurring Cycle

Step 4.1

Or choose Use Flexible Savings Balance to invest

Step 4.1.1

Strategy to invest

• To feel comfortable when investing, you have to use your idle capital, which means the money you can lose still not affect your life.
• In the next step, you should decide on your time for this investment ( 1 year, 2 years, or 3 years). This strategy is only suitable for long-term investment, so you have to consider it before making a decision.
• Choose the coin you would like to invest in the list. If you hope for safety, you should invest in Bitcoin or Ethereum.
• Set up for Binance Auto Investment.

Conclusion

In actuality, DCA is still the best strategy for every investment. Imaginative, if you DCA Bitcoin from 2009 to 2020, 10.000 USD per year, How much money will you have until today? Auto Investment on Binance is the best tool for this strategy. However, remember that this tool is only suitable for the long term. If you are a real investor, this tool will be ideal. If you are a trader, please do not use this tool.

All the above is Binance Auto Investment: An investment tool super effective in the Crypto Market. If you have any questions for me, please comment below this post; I will write about them for you. And don’t forget to follow my Medium. I wish you success on your investment journey.