A Systematic Investment Plan (or SIP) is the method of investing a fixed amount of money into anything (in this case- cryptocurrency) at regular intervals of time. 

For example: Investing INR 100/- on every Monday into Bitcoin.

An SIP is a mathematical way to reduce the risk of volatility (i.e. large price fluctuations) of the asset into which the investment is made. By making a regular fixed investment, you do not need to worry about trying to predict the possible future price of the asset. 

An SIP is a common investment strategy across the entire financial industry. 

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