Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Osama Sultan on September 18, 2022, 01:27:04 AM
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DCA strategy is the solution of allt the stress and losses in trading , This is a very powerful strategy that if you have buy even at the top of market you can control the situation with this if you make a decal at 50k then 40k then 30 k and now at 20 k your average buying price is reduced in half now to don't need to wait for reaching to 60 k for making profits you only wait for 30 k level for getting in profits , Here is link for detailed analysis of this tachnegue .
for more datails follow the link ,(http://)
https://www.degiro.co.uk/knowledge/strategies/what-is-dollar-cost-averaging#:~:text=Dollar cost averaging is a,on in the financial markets. (https://www.degiro.co.uk/knowledge/strategies/what-is-dollar-cost-averaging#:~:text=Dollar cost averaging is a,on in the financial markets.)
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DCA is the most used crypto trading method that is used during bearish eram using DCA, we can uave the coins in any certain prixes. the makret is vey voltile so that we can utilize the price at certain rate. so, the DVA is very potential and suitable during bearish market.
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Yah DCA is the best thing for tranding. DCA means Dollar-cost Averaging. Dollar-cost averaging is a strategy used for investing in assets. You can use this strategy as a cryptocurrency investment strategy, but also with stocks, commodities or bonds. The investment product doesn't matter, the strategy is so simple that you can apply it to any market.
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If you plan to never sell your BTC, well, you are fine to buy whenever you want to. Just buy and hold it. But that doesn't make sense at all of course.
So, if you are a DCA follower, I think you should first select how long you are going to follow the strategy. 5 years, 6 or 10 years or more. If the target is to follow the strategy for a longer range, there's no meaning of having to time the market. But if you are following for say 4 years, you must sell the tops if you are in good profit.
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That's why it's important to have special money for investment, you can hold Bitcoin and do DCA whenever you want when the price reaches ATL.
In the last month Bitcoin price is still sideways and has not risen above $23k usd, this shows the market situation is really bearish, the pump seems to be coming during the Halving, but it's still a long time and hopefully there will be no more Fud from The FED, because Fud can make investors or the holder sells the BTC they have.