Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Crypto_I.N
on 21/08/2023, 20:10:57 UTC
DCA comes with various plans depending on how much someone knows about trading. I'm happy my plan has been good and it's been working for two years. It's easy, make the most of price changes by buying when it's low and selling when it's high. If you're unsure, the base order is the first investment amount you won't go over.
Wait, this is a bit of a misnomer. how do you equate DCA with trading?
In this case you should be able to distinguish trading and Investment because they have different meanings even though there is a buying factor but the purpose is different and trading has nothing to do with DCA.
I think we should be wiser in addressing a condition where you are currently on the wrong path when talking about investment and DCA but switching to trading.