Post
Topic
Board Trading Discussion
Re: Don't sit on your hands
by
koang
on 10/08/2022, 20:06:15 UTC
~ ~ ~

I do agree with you. Also, the market also likes to play counter-intuitive at times and that is why a lot of people lose trying to guess. DCA is the best strategy for overall win in the market. However, it requires more patience to finally make those huge gains.

DCA aims to reduce mistakes in making investment decisions at the wrong time
DCA will also help us to be disciplined to buy more when the price is down and less when the price is going up and avoid emotional decisions
But if the market trend moves up, the DCA strategy has a relatively small return to investors

If our investment style is more aggressive, then a Lump sum strategy can be an option.
Both of these strategies can be equally profitable, the difference is only in money management and risk profile.