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Cryptocurrency discussions / Re: Is DCA a Smart Strategy Now?
« on: October 06, 2024, 11:36:57 AM »Currently, the DCA method is still a good method to increase our coin collection by buying gradually, because considering the bullish season will occur next year, I think this can still use the DCA method because the opportunity to make a profit still exists.The use of the DCA system to significantly and consistently increase certain coins over a certain period of time has been done frequently and has become a trend in strategic investment for a long time, and this has been quite successful for people in the crypto world. However, consistency is one of the reasons and requirements, as well as the ability to control emotions and oneself, as long as it is truly able to make it the best strategy in investment.The DCA method has been used for a long time and has really helped me who has limited capital, with gradual purchases according to our ability to buy. I have used it since the bearish season until today. It can be said that DCA is a smart strategy because we can make purchases consistently according to our ability to buy.
And for market conditions like today, yes DCA is quite good and in line with the current character, which fluctuates in a measured manner.