"DCA" Dollar cost Average
In this DCA strategy what I do is using lowest X leverage and increasing my leverage as the market continues to have a pull back until my terms are met.
Dollar cost averaging, is a really an effective strategy to make use of, but it’s very important that you find the lowest point to make an entry into the market. Easier said than done, finding the lowest is hard, you’d end up starting at the highest point, maybe when the market is at its peak. It will not be good if you start at high price, so it’s best to wait for the market to drop and then you can start at that point.
Right now, would go be a good point for anyone that really wants to make use of this dollar cost averaging, as the market is now bearish, so you can start investing from now till things start getting bullish and the price of value of the asset you are buying starts to increase.