Weekly Investment Summary
Total Invested
850.00 USD
85 InvestmentsTotal FLM purchased
2,745.39
 Current value of your FLM
411.71 USD
 Cost AVG profit
-438.29 USD
-51.56%Lump Sum Investment Summary
Lump sum invest
850.00 USD
on 09/28/2020FLM purchased
897.38
 Current lump sum value
134.57 USD
 Lump sum profit
-715.43 USD
-84.17%Investment Performance Chart
| Weekly | Lump Sum | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Date | Price | % Change | % Change From Start | Total Invested | FLM Value | Profit | Profit % | FLM Total | Total Invested | FLM Value | Profit | Profit % | FLM Total |
| 09/28/2020 | 0.94721 USD | +0.00% | +0.00% | 10.00 USD | 10.00 USD | -0.00 USD | -0.02% | 10.56 FLM | 850.00 USD | 849.83 USD | -0.17 USD | -0.02% | 897.38 FLM |
| 10/05/2020 | 0.35799 USD | -62.21% | -62.21% | 20.00 USD | 13.78 USD | -6.22 USD | -31.12% | 38.49 FLM | 850.00 USD | 321.18 USD | -528.82 USD | -62.21% | 897.38 FLM |
| 10/12/2020 | 0.28016 USD | -21.74% | -70.42% | 30.00 USD | 20.78 USD | -9.22 USD | -30.73% | 74.19 FLM | 850.00 USD | 251.36 USD | -598.64 USD | -70.43% | 897.38 FLM |
| 10/19/2020 | 0.258 USD | -7.91% | -72.76% | 40.00 USD | 29.13 USD | -10.87 USD | -27.16% | 112.94 FLM | 850.00 USD | 231.48 USD | -618.52 USD | -72.77% | 897.38 FLM |
| 10/26/2020 | 0.20964 USD | -18.74% | -77.87% | 50.00 USD | 33.67 USD | -16.33 USD | -32.66% | 160.64 FLM | 850.00 USD | 188.09 USD | -661.91 USD | -77.87% | 897.38 FLM |
| 11/02/2020 | 0.14948 USD | -28.70% | -84.22% | 60.00 USD | 34.01 USD | -25.99 USD | -43.32% | 227.54 FLM | 850.00 USD | 134.12 USD | -715.88 USD | -84.22% | 897.38 FLM |
| 11/09/2020 | 0.15116 USD | +1.12% | -84.04% | 70.00 USD | 44.39 USD | -25.61 USD | -36.59% | 293.70 FLM | 850.00 USD | 135.62 USD | -714.38 USD | -84.05% | 897.38 FLM |
| 11/16/2020 | 0.18884 USD | +24.93% | -80.06% | 80.00 USD | 65.45 USD | -14.55 USD | -18.19% | 346.65 FLM | 850.00 USD | 169.42 USD | -680.58 USD | -80.07% | 897.38 FLM |
| 11/23/2020 | 0.20486 USD | +8.49% | -78.37% | 90.00 USD | 81.00 USD | -9.00 USD | -10.00% | 395.47 FLM | 850.00 USD | 183.80 USD | -666.20 USD | -78.38% | 897.38 FLM |
| 11/30/2020 | 0.18489 USD | -9.75% | -80.48% | 100.00 USD | 83.10 USD | -16.90 USD | -16.90% | 449.55 FLM | 850.00 USD | 165.88 USD | -684.12 USD | -80.48% | 897.38 FLM |
| 12/07/2020 | 0.19816 USD | +7.18% | -79.08% | 110.00 USD | 99.06 USD | -10.94 USD | -9.94% | 500.02 FLM | 850.00 USD | 177.79 USD | -672.21 USD | -79.08% | 897.38 FLM |
| 12/14/2020 | 0.19482 USD | -1.69% | -79.43% | 120.00 USD | 107.39 USD | -12.61 USD | -10.51% | 551.35 FLM | 850.00 USD | 174.79 USD | -675.21 USD | -79.44% | 897.38 FLM |
| 12/21/2020 | 0.18771 USD | -3.65% | -80.18% | 130.00 USD | 113.47 USD | -16.53 USD | -12.71% | 604.62 FLM | 850.00 USD | 168.42 USD | -681.58 USD | -80.19% | 897.38 FLM |
| 12/28/2020 | 0.13227 USD | -29.53% | -86.04% | 140.00 USD | 89.96 USD | -50.04 USD | -35.74% | 680.22 FLM | 850.00 USD | 118.68 USD | -731.32 USD | -86.04% | 897.38 FLM |
| 01/04/2021 | 0.13163 USD | -0.49% | -86.10% | 150.00 USD | 99.52 USD | -50.48 USD | -33.66% | 756.19 FLM | 850.00 USD | 118.10 USD | -731.90 USD | -86.11% | 897.38 FLM |
| 01/11/2021 | 0.17335 USD | +31.69% | -81.70% | 160.00 USD | 141.05 USD | -18.95 USD | -11.84% | 813.88 FLM | 850.00 USD | 155.53 USD | -694.47 USD | -81.70% | 897.38 FLM |
| 01/18/2021 | 0.19015 USD | +9.70% | -79.92% | 170.00 USD | 164.73 USD | -5.27 USD | -3.10% | 866.47 FLM | 850.00 USD | 170.61 USD | -679.39 USD | -79.93% | 897.38 FLM |
| 01/25/2021 | 0.18835 USD | -0.95% | -80.12% | 180.00 USD | 173.17 USD | -6.83 USD | -3.80% | 919.56 FLM | 850.00 USD | 168.99 USD | -681.01 USD | -80.12% | 897.38 FLM |
| 02/01/2021 | 0.23929 USD | +27.04% | -74.74% | 190.00 USD | 230.00 USD | +40.00 USD | +21.05% | 961.35 FLM | 850.00 USD | 214.69 USD | -635.31 USD | -74.74% | 897.38 FLM |
| 02/08/2021 | 0.35475 USD | +48.25% | -62.55% | 200.00 USD | 350.97 USD | +150.97 USD | +75.49% | 989.54 FLM | 850.00 USD | 318.28 USD | -531.72 USD | -62.55% | 897.38 FLM |
| 02/15/2021 | 0.54643 USD | +54.03% | -42.31% | 210.00 USD | 550.60 USD | +340.60 USD | +162.19% | 1,007.84 FLM | 850.00 USD | 490.26 USD | -359.74 USD | -42.32% | 897.38 FLM |
| 02/22/2021 | 0.51115 USD | -6.46% | -46.04% | 220.00 USD | 525.06 USD | +305.06 USD | +138.66% | 1,027.40 FLM | 850.00 USD | 458.60 USD | -391.40 USD | -46.05% | 897.38 FLM |
| 03/01/2021 | 0.31571 USD | -38.24% | -66.67% | 230.00 USD | 334.29 USD | +104.29 USD | +45.34% | 1,059.08 FLM | 850.00 USD | 283.25 USD | -566.75 USD | -66.68% | 897.38 FLM |
| 03/08/2021 | 0.38515 USD | +22.00% | -59.34% | 240.00 USD | 417.82 USD | +177.82 USD | +74.09% | 1,085.04 FLM | 850.00 USD | 345.56 USD | -504.44 USD | -59.35% | 897.38 FLM |
| 03/15/2021 | 0.47205 USD | +22.56% | -50.16% | 250.00 USD | 522.09 USD | +272.09 USD | +108.84% | 1,106.23 FLM | 850.00 USD | 423.52 USD | -426.48 USD | -50.17% | 897.38 FLM |
| 03/22/2021 | 0.53417 USD | +13.16% | -43.61% | 260.00 USD | 600.79 USD | +340.79 USD | +131.07% | 1,124.95 FLM | 850.00 USD | 479.26 USD | -370.74 USD | -43.62% | 897.38 FLM |
| 03/29/2021 | 0.62689 USD | +17.36% | -33.82% | 270.00 USD | 715.08 USD | +445.08 USD | +164.84% | 1,140.90 FLM | 850.00 USD | 562.45 USD | -287.55 USD | -33.83% | 897.38 FLM |
| 04/05/2021 | 0.83478 USD | +33.16% | -11.87% | 280.00 USD | 962.21 USD | +682.21 USD | +243.65% | 1,152.88 FLM | 850.00 USD | 748.96 USD | -101.04 USD | -11.89% | 897.38 FLM |
| 04/12/2021 | 0.93061 USD | +11.48% | -1.75% | 290.00 USD | 1,082.66 USD | +792.66 USD | +273.33% | 1,163.62 FLM | 850.00 USD | 834.94 USD | -15.06 USD | -1.77% | 897.38 FLM |
| 04/19/2021 | 1.05 USD | +12.93% | +10.95% | 300.00 USD | 1,232.67 USD | +932.67 USD | +310.89% | 1,173.14 FLM | 850.00 USD | 942.91 USD | +92.91 USD | +10.93% | 897.38 FLM |
| 04/26/2021 | 0.63774 USD | -39.32% | -32.67% | 310.00 USD | 758.00 USD | +448.00 USD | +144.52% | 1,188.82 FLM | 850.00 USD | 572.18 USD | -277.82 USD | -32.69% | 897.38 FLM |
| 05/03/2021 | 1.01 USD | +58.63% | +6.80% | 320.00 USD | 1,212.41 USD | +892.41 USD | +278.88% | 1,198.71 FLM | 850.00 USD | 907.63 USD | +57.63 USD | +6.78% | 897.38 FLM |
| 05/10/2021 | 0.95634 USD | -5.47% | +0.96% | 330.00 USD | 1,156.13 USD | +826.13 USD | +250.34% | 1,209.16 FLM | 850.00 USD | 858.02 USD | +8.02 USD | +0.94% | 897.38 FLM |
| 05/17/2021 | 0.78187 USD | -18.24% | -17.46% | 340.00 USD | 955.21 USD | +615.21 USD | +180.94% | 1,221.95 FLM | 850.00 USD | 701.49 USD | -148.51 USD | -17.47% | 897.38 FLM |
| 05/24/2021 | 0.3998 USD | -48.87% | -57.79% | 350.00 USD | 498.44 USD | +148.44 USD | +42.41% | 1,246.96 FLM | 850.00 USD | 358.70 USD | -491.30 USD | -57.80% | 897.38 FLM |
| 05/31/2021 | 0.49309 USD | +23.33% | -47.94% | 360.00 USD | 624.74 USD | +264.74 USD | +73.54% | 1,267.24 FLM | 850.00 USD | 442.40 USD | -407.60 USD | -47.95% | 897.38 FLM |
| 06/07/2021 | 0.59804 USD | +21.28% | -36.86% | 370.00 USD | 767.71 USD | +397.71 USD | +107.49% | 1,283.97 FLM | 850.00 USD | 536.56 USD | -313.44 USD | -36.88% | 897.38 FLM |
| 06/14/2021 | 0.52671 USD | -11.93% | -44.39% | 380.00 USD | 686.15 USD | +306.15 USD | +80.56% | 1,302.95 FLM | 850.00 USD | 472.57 USD | -377.43 USD | -44.40% | 897.38 FLM |
| 06/21/2021 | 0.47129 USD | -10.52% | -50.24% | 390.00 USD | 623.94 USD | +233.94 USD | +59.98% | 1,324.17 FLM | 850.00 USD | 422.84 USD | -427.16 USD | -50.25% | 897.38 FLM |
| 06/28/2021 | 0.34853 USD | -26.05% | -63.20% | 400.00 USD | 471.42 USD | +71.42 USD | +17.85% | 1,352.86 FLM | 850.00 USD | 312.70 USD | -537.30 USD | -63.21% | 897.38 FLM |
| 07/05/2021 | 0.38676 USD | +10.97% | -59.17% | 410.00 USD | 533.13 USD | +123.13 USD | +30.03% | 1,378.72 FLM | 850.00 USD | 347.00 USD | -503.00 USD | -59.18% | 897.38 FLM |
| 07/12/2021 | 0.3846 USD | -0.56% | -59.40% | 420.00 USD | 540.15 USD | +120.15 USD | +28.61% | 1,404.72 FLM | 850.00 USD | 345.07 USD | -504.93 USD | -59.40% | 897.38 FLM |
| 07/19/2021 | 0.34976 USD | -9.06% | -63.07% | 430.00 USD | 501.21 USD | +71.21 USD | +16.56% | 1,433.31 FLM | 850.00 USD | 313.80 USD | -536.20 USD | -63.08% | 897.38 FLM |
| 07/26/2021 | 0.37782 USD | +8.02% | -60.11% | 440.00 USD | 551.42 USD | +111.42 USD | +25.32% | 1,459.78 FLM | 850.00 USD | 338.98 USD | -511.02 USD | -60.12% | 897.38 FLM |
| 08/02/2021 | 0.44564 USD | +17.95% | -52.95% | 450.00 USD | 660.40 USD | +210.40 USD | +46.76% | 1,482.22 FLM | 850.00 USD | 399.82 USD | -450.18 USD | -52.96% | 897.38 FLM |
| 08/09/2021 | 0.49802 USD | +11.75% | -47.42% | 460.00 USD | 748.02 USD | +288.02 USD | +62.61% | 1,502.30 FLM | 850.00 USD | 446.82 USD | -403.18 USD | -47.43% | 897.38 FLM |
| 08/16/2021 | 0.59616 USD | +19.71% | -37.06% | 470.00 USD | 905.43 USD | +435.43 USD | +92.65% | 1,519.07 FLM | 850.00 USD | 534.88 USD | -315.12 USD | -37.07% | 897.38 FLM |
| 08/23/2021 | 0.71765 USD | +20.38% | -24.24% | 480.00 USD | 1,099.93 USD | +619.93 USD | +129.15% | 1,533.00 FLM | 850.00 USD | 643.87 USD | -206.13 USD | -24.25% | 897.38 FLM |
| 08/30/2021 | 0.67253 USD | -6.29% | -29.00% | 490.00 USD | 1,040.78 USD | +550.78 USD | +112.40% | 1,547.87 FLM | 850.00 USD | 603.39 USD | -246.61 USD | -29.01% | 897.38 FLM |
| 09/06/2021 | 0.77436 USD | +15.14% | -18.25% | 500.00 USD | 1,208.37 USD | +708.37 USD | +141.67% | 1,560.79 FLM | 850.00 USD | 694.75 USD | -155.25 USD | -18.26% | 897.38 FLM |
| 09/13/2021 | 0.61379 USD | -20.74% | -35.20% | 510.00 USD | 967.81 USD | +457.81 USD | +89.77% | 1,577.08 FLM | 850.00 USD | 550.69 USD | -299.31 USD | -35.21% | 897.38 FLM |
| 09/20/2021 | 0.55963 USD | -8.82% | -40.92% | 520.00 USD | 892.41 USD | +372.41 USD | +71.62% | 1,594.95 FLM | 850.00 USD | 502.10 USD | -347.90 USD | -40.93% | 897.38 FLM |
| 09/27/2021 | 0.44751 USD | -20.04% | -52.76% | 530.00 USD | 723.60 USD | +193.60 USD | +36.53% | 1,617.29 FLM | 850.00 USD | 401.50 USD | -448.50 USD | -52.76% | 897.38 FLM |
| 10/04/2021 | 0.50339 USD | +12.49% | -46.85% | 540.00 USD | 823.97 USD | +283.97 USD | +52.59% | 1,637.16 FLM | 850.00 USD | 451.64 USD | -398.36 USD | -46.87% | 897.38 FLM |
| 10/11/2021 | 0.48502 USD | -3.65% | -48.79% | 550.00 USD | 803.89 USD | +253.89 USD | +46.16% | 1,657.78 FLM | 850.00 USD | 435.16 USD | -414.84 USD | -48.81% | 897.38 FLM |
| 10/18/2021 | 0.49602 USD | +2.27% | -47.63% | 560.00 USD | 832.13 USD | +272.13 USD | +48.59% | 1,677.94 FLM | 850.00 USD | 445.03 USD | -404.97 USD | -47.64% | 897.38 FLM |
| 10/25/2021 | 0.54463 USD | +9.80% | -42.50% | 570.00 USD | 923.67 USD | +353.67 USD | +62.05% | 1,696.30 FLM | 850.00 USD | 488.64 USD | -361.36 USD | -42.51% | 897.38 FLM |
| 11/01/2021 | 0.52905 USD | -2.86% | -44.15% | 580.00 USD | 907.24 USD | +327.24 USD | +56.42% | 1,715.20 FLM | 850.00 USD | 474.66 USD | -375.34 USD | -44.16% | 897.38 FLM |
| 11/08/2021 | 0.68953 USD | +30.33% | -27.20% | 590.00 USD | 1,192.44 USD | +602.44 USD | +102.11% | 1,729.70 FLM | 850.00 USD | 618.64 USD | -231.36 USD | -27.22% | 897.38 FLM |
| 11/15/2021 | 0.68161 USD | -1.15% | -28.04% | 600.00 USD | 1,188.75 USD | +588.75 USD | +98.12% | 1,744.37 FLM | 850.00 USD | 611.54 USD | -238.46 USD | -28.05% | 897.38 FLM |
| 11/22/2021 | 0.66969 USD | -1.75% | -29.30% | 610.00 USD | 1,177.95 USD | +567.95 USD | +93.11% | 1,759.31 FLM | 850.00 USD | 600.84 USD | -249.16 USD | -29.31% | 897.38 FLM |
| 11/29/2021 | 0.55183 USD | -17.60% | -41.74% | 620.00 USD | 980.65 USD | +360.65 USD | +58.17% | 1,777.43 FLM | 850.00 USD | 495.10 USD | -354.90 USD | -41.75% | 897.38 FLM |
| 12/06/2021 | 0.38753 USD | -29.77% | -59.09% | 630.00 USD | 698.67 USD | +68.67 USD | +10.90% | 1,803.23 FLM | 850.00 USD | 347.69 USD | -502.31 USD | -59.10% | 897.38 FLM |
| 12/13/2021 | 0.38782 USD | +0.08% | -59.06% | 640.00 USD | 709.19 USD | +69.19 USD | +10.81% | 1,829.02 FLM | 850.00 USD | 347.95 USD | -502.05 USD | -59.06% | 897.38 FLM |
| 12/20/2021 | 0.34324 USD | -11.50% | -63.76% | 650.00 USD | 637.66 USD | -12.34 USD | -1.90% | 1,858.15 FLM | 850.00 USD | 307.95 USD | -542.05 USD | -63.77% | 897.38 FLM |
| 12/27/2021 | 0.40268 USD | +17.32% | -57.49% | 660.00 USD | 758.09 USD | +98.09 USD | +14.86% | 1,882.99 FLM | 850.00 USD | 361.28 USD | -488.72 USD | -57.50% | 897.38 FLM |
| 01/03/2022 | 0.38419 USD | -4.59% | -59.44% | 670.00 USD | 733.27 USD | +63.27 USD | +9.44% | 1,909.02 FLM | 850.00 USD | 344.69 USD | -505.31 USD | -59.45% | 897.38 FLM |
| 01/10/2022 | 0.32645 USD | -15.03% | -65.54% | 680.00 USD | 633.08 USD | -46.92 USD | -6.90% | 1,939.65 FLM | 850.00 USD | 292.89 USD | -557.11 USD | -65.54% | 897.38 FLM |
| 01/17/2022 | 0.33514 USD | +2.66% | -64.62% | 690.00 USD | 659.93 USD | -30.07 USD | -4.36% | 1,969.49 FLM | 850.00 USD | 300.69 USD | -549.31 USD | -64.62% | 897.38 FLM |
| 01/24/2022 | 0.23679 USD | -29.35% | -75.00% | 700.00 USD | 476.25 USD | -223.75 USD | -31.96% | 2,011.72 FLM | 850.00 USD | 212.44 USD | -637.56 USD | -75.01% | 897.38 FLM |
| 01/31/2022 | 0.2452 USD | +3.55% | -74.11% | 710.00 USD | 503.17 USD | -206.83 USD | -29.13% | 2,052.50 FLM | 850.00 USD | 219.99 USD | -630.01 USD | -74.12% | 897.38 FLM |
| 02/07/2022 | 0.27212 USD | +10.98% | -71.27% | 720.00 USD | 568.41 USD | -151.59 USD | -21.05% | 2,089.25 FLM | 850.00 USD | 244.14 USD | -605.86 USD | -71.28% | 897.38 FLM |
| 02/14/2022 | 0.24427 USD | -10.23% | -74.21% | 730.00 USD | 520.24 USD | -209.76 USD | -28.73% | 2,130.19 FLM | 850.00 USD | 219.16 USD | -630.84 USD | -74.22% | 897.38 FLM |
| 02/21/2022 | 0.23032 USD | -5.71% | -75.68% | 740.00 USD | 500.52 USD | -239.48 USD | -32.36% | 2,173.61 FLM | 850.00 USD | 206.64 USD | -643.36 USD | -75.69% | 897.38 FLM |
| 02/28/2022 | 0.19215 USD | -16.57% | -79.71% | 750.00 USD | 427.58 USD | -322.42 USD | -42.99% | 2,225.65 FLM | 850.00 USD | 172.40 USD | -677.60 USD | -79.72% | 897.38 FLM |
| 03/07/2022 | 0.18395 USD | -4.27% | -80.58% | 760.00 USD | 419.32 USD | -340.68 USD | -44.83% | 2,280.01 FLM | 850.00 USD | 165.04 USD | -684.96 USD | -80.58% | 897.38 FLM |
| 03/14/2022 | 0.16886 USD | -8.20% | -82.17% | 770.00 USD | 394.92 USD | -375.08 USD | -48.71% | 2,339.23 FLM | 850.00 USD | 151.50 USD | -698.50 USD | -82.18% | 897.38 FLM |
| 03/21/2022 | 0.20092 USD | +18.98% | -78.79% | 780.00 USD | 479.89 USD | -300.11 USD | -38.48% | 2,389.00 FLM | 850.00 USD | 180.26 USD | -669.74 USD | -78.79% | 897.38 FLM |
| 03/28/2022 | 0.23781 USD | +18.36% | -74.89% | 790.00 USD | 578.01 USD | -211.99 USD | -26.83% | 2,431.05 FLM | 850.00 USD | 213.36 USD | -636.64 USD | -74.90% | 897.38 FLM |
| 04/04/2022 | 0.28324 USD | +19.10% | -70.10% | 800.00 USD | 698.42 USD | -101.58 USD | -12.70% | 2,466.36 FLM | 850.00 USD | 254.12 USD | -595.88 USD | -70.10% | 897.38 FLM |
| 04/11/2022 | 0.20686 USD | -26.96% | -78.16% | 810.00 USD | 520.10 USD | -289.90 USD | -35.79% | 2,514.70 FLM | 850.00 USD | 185.60 USD | -664.40 USD | -78.16% | 897.38 FLM |
| 04/18/2022 | 0.19059 USD | -7.87% | -79.88% | 820.00 USD | 489.18 USD | -330.82 USD | -40.34% | 2,567.17 FLM | 850.00 USD | 171.00 USD | -679.00 USD | -79.88% | 897.38 FLM |
| 04/25/2022 | 0.19013 USD | -0.24% | -79.93% | 830.00 USD | 498.01 USD | -331.99 USD | -40.00% | 2,619.76 FLM | 850.00 USD | 170.59 USD | -679.41 USD | -79.93% | 897.38 FLM |
| 05/02/2022 | 0.16962 USD | -10.79% | -82.09% | 840.00 USD | 454.26 USD | -385.74 USD | -45.92% | 2,678.72 FLM | 850.00 USD | 152.18 USD | -697.82 USD | -82.10% | 897.38 FLM |
| 05/09/2022 | 0.14999 USD | -11.57% | -84.16% | 850.00 USD | 411.71 USD | -438.29 USD | -51.56% | 2,745.39 FLM | 850.00 USD | 134.57 USD | -715.43 USD | -84.17% | 897.38 FLM |
*Please note that values above utilizes data from CoinGecko and ExchangeRate-API.
How to use the FLM DCA tool
How to use this Flamingo Finance Investment Calculator
This Flamingo Finance investment calculator allows you to experiment with various DCA parameters to see how your portfolio would have done in different scenarios. This might assist you in determining the most effective strategies for your future Flamingo Finance investments.
How portfolio values are calculated
We simulate making purchases on a recurring basis over the duration of the accumulation period beginning on the specified start date. We use the historical price of Flamingo Finance to determine how many FLM you would have acquired at that time for each simulated purchase.
What is Dollar Cost Averaging?
Dollar cost average (DCA) is an investment strategy in which a person invests a predetermined amount of money at regular intervals, such as weekly or monthly.
Regardless of what is happening in the financial markets, the investment is usually made every month. As a result, as Flamingo Finance prices rise, the investor will be able to purchase fewer Flamingo Finance. When the price of Flamingo Finance falls, the investor will be able to buy more of it. Because cryptocurrency can be extremely volatile, investing in this manner spreads the risk over a longer period of time. If the investor believes the investment has long-term potential but believes it is too risky to make a large lump sum investment, cost averaging may be a safer option.
How to invest in Flamingo Finance?
Dollar cost averaging is used by investors all over the world because it provides the following advantages:
- It's an appealing option for investors who want to make regular contributions to their investment portfolios. Similarly to savings accounts, instead of a lump sum, a fixed proportion of income or a long-term investment goal can be invested each week.
- It eliminates the need to time the market. As a result, the overall trend in a given stock, rather than the investor's specific entry price, will determine an investor's returns. Furthermore, it assists investors in lowering their cost basis on securities that have lost value.
Flamingo Finance can be purchased on exchanges like OKEx.
