30 in 30: Dollar-Cost Averaging

30 in 30 is a series of 30 investing and trading tips, 1 posted each day over the course of September leading up to the FIFA 21 release in October. Below is a list of the tips we have seen already.

  1. TOTW Investing
  2. OOP TOTW Golds
  3. SBC Gems
  4. Perfect Positions
  5. Frequent Acronyms
  6. EA Tax
  7. ROI Potential
  8. MM Investing
  9. High Traffic Times
  10. Promo Investing
  11. Icons and WL Rewards
  12. Quick Sell Values
  13. Live Cards
  14. Two Birds One Stone
  15. Chief’s Buy Price
  16. Listing for Lazies
  17. New Filters
  18. UCL MM
  19. Price Ranges
  20. FUTBIN Indexes
  21. Best of CBP
  22. Opportunity Cost
  23. FIFA 21 Fodder FC
  24. Investment Squads
  25. Dollar-Cost Averaging

Any time there is a new investment that I’m interested in, I write a post detailing the reasons why I like the investment, a Target Buy Price, and a Target Sell Price (see example MOTM Ceballos investment here).

While a Target Buy Price is a nice general number to follow, the player won’t always be sitting at that value. Sometimes the price will be substantially higher, and sometimes it will be considerably lower. For this reason, Dollar-Cost Averaging is a good strategy to use when buying.

Dollar-Cost Averaging – a simple technique that entails investing a fixed amount of money (coins) in the same fund or stock (player) at regular intervals over a period of time.

There are 2 main advantages of Dollar-Cost Averaging in relation to the FUT Market:

  1. Avoids Bad Timing
  2. Reduces Emotional Component

Referring back to the MOTM Ceballos example, his price fluctuated in the week while he was in packs from 12k-18k. By investing a fixed amount of money over different intervals, you avoid buying in a lump-sum at 18k. In addition, having a clear strategy takes some of the stress out of investing.

My favorite time to employ the Dollar-Cost Averaging strategy is during windows where there are a lot of packs being opened. For example, say you want to invest in MOTM Ceballos during WL rewards. Buying some every 10 minutes will help you average out your investment. Purchasing over longer periods of time gives you a better chance of hitting a good snipe, too.

Cheers,
Chief