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BUX Token: Auto-investing
This feature is based on the dollar-cost-averaging (DCA) method that is widely acknowledged as one of the best investment techniques in history. The auto-investing features allow you to set up a periodic buy or sell of cryptos for a predetermined amount. For example: Set up an automatic buy of Bitcoin every first day of the month for €100. The logic behind this is, when the price of Bitcoin is low you buy relatively high amounts of Bitcoin for €100, and when the price of Bitcoin is high you buy relatively low amounts of Bitcoin. Over time your purchase price will average out and you will be less susceptible to volatility. Some see this as a safer investment approach if your strategy is focused on the long-term.
Event date: Until June 30, 2021 UTC
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