Quote from: Catenaccio on Today at 02:17:48 PM

Quote from: Roser bouce on Today at 08:47:49 AM

When prices are fluctuating, how do you know when to buy?

DCA might be the right choice when someone believes their investments will appreciate in the long term and experience price volatility on the way there.

You only need to know the market trend, is the market in bearish or bullish year. It can help you to plan your capital for your investment, entry or exit.

In general you can always use DCA strategy to buy Bitcoin and with this strategy, you will accumulate good amount of bitcoin after a long time. It will help you to get good ROI for your investment too.

By DCA, you will less affected by market fluctuations and news. You simply purchase gradually and only need to know when is a bullish year to take profit, gradually too.

Its never been easy to know when It's going to be bullish year or when we will be having bearish because we are living in crypto which is having nature of volatile and things can take change drastically which is surely not easy to predict so as many suggesting the best thing is tried to accumulate and keep things until you have good amount and then keep eye on market as you feel good and profit is also as you wish then you can go for this as well.
Now I am also trying to have updates and all information about this DCA because after reading too much I have feeling this can solve my problem regarding savings so if I will be able to understand then surely I am also going to use this in the future.