Post
Topic
Board Trading Discussion
Re: The reason of why Bitcoin is good for trading (for me)
by
Jonyshake71
on 28/11/2023, 13:24:22 UTC
You are doing DCA, which is short-term strategy which help traders to Dollar cost averaging, lower the amount you use to pay for investments as well as it having minimum risk.
/.../

If you're referring to the OP, I don't think it's exactly a DCA strategy. Yes, there are many people who trade Bitcoin using a similar approach to his. But, this is often referred to as "buy and hold" investing. The idea is that Bitcoin is a long-term investment, and that it is more likely to go up in value over time than it is to go down to zero.