Quote from: justdimin on July 14, 2022, 09:32:27 PM

Quote from: Bttzed03 on July 14, 2022, 01:22:29 PM

Quote from: I_Am_Chamara on July 12, 2022, 03:21:23 AM

~ So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?

Former is usually a long-term investor's strategy (a higher rish, higher reward approach). Latter is normally done by traders (safer imo). Which one are you? If you prefer for DCA and hold, you might as well stake it in platforms like mycontainer for a 3.9% yearly return. Choice is always yours. DYOR.

I would say just the opposite. It's clear that if you do DCA that is a lower risk and lower reward thing, whereas if you start to trade that is a bigger risk and bigger reward.

Context is important too when talking about risk and reward. We're talking about DOT here and not BTC. You cannot say lower risk on an altcoin that hasn't come as close as what BTC has sustained through multiple market crashes. It's harder to determine bottom prices on these alts. It might have dipped 80 or 90% from their ATH but there's no guarantee it won't drop another 90%. Waiting for a rebound/breakout and riding the wave is a much easier task.

Quote from: justdimin on July 14, 2022, 09:32:27 PM

Of course I can't guarantee anything but that seems like the most logical thing right now, higher risk and higher reward is based on your talent, lower risk and lower reward is based on the market.

If you are buying it, and accumulating even more, that means that it's going to be based on the market and what it does. But, if you are trading, then you are not basing it off the market, it's about how good you are, because even while going down you may make profit, or even when it's going up, you may lose money all based on your talent.

Don't you think indicators and signals that you read as a trader also depends on market movements? Market and talent goes hand in hand in whatever strategy you're going to use.