Payment network, Square has stated that bitcoin and stock is now in the users menu Cash App that would “minimize the impact of market fluctuations”.
App the Cash App by Square, now allows users to make automatic purchases of bitcoin after a certain period of time.
Cash App already have a bitcoin wallet, as well as Auto Invest to buy shares, which also allows you to regularly buy bitcoins in small amounts, making settings only once.
“You don’t need the perfect time of the purchase, if you need a long-term investment perspective”, – explained on the website Square. This, according to the company, to minimize the impact of market fluctuations in the price of the asset.
Thus, the user turns the Square Cash App bitcoin of hontarov. The calculator on the website dcaBTC showsthat weekly buying bitcoin for $10 in the last three years could bring about 65% profit and your invested funds could grow from $1570 to $2588.
Auto Invest allows account owners to make daily, weekly, or monthly buy bitcoins with a minimum amount of $10. In application settings you can also choose Satoshi instead of bitcoin for convenience.