Post
Topic
Board Trading Discussion
Re: Why DCA Strategy
by
sheenshane
on 16/10/2022, 23:08:29 UTC
In the DCA Average strategy, purchases will be known by making a portfolio of how many assets have been purchased. The DCA strategy is perfect for those who want to continue to collect bitcoins or other assets for the long term on a consistent basis.
I tend to agree with this, it's a kind of hoarding Bitcoin for the long term and this investment strategy is suitable for those who are afraid of always losing the value of the money invested and aim for profit in the long term purpose.

How many of us here experience this kind of experiment in a way of purchasing Bitcoin?
Instead of buying all at once, purchasing in a DCA way couldn't also hurt your pocket if the bear market will continue.  Additionally, the advantage of this could be a risk reduction which provides liquidity and flexibility in your portfolio and prevent bad timing when the market continue declining the price.