A new investor doesn't need to explain much about investing if an experienced investor tells him about DCA investing at the beginning.
A new investor's biggest fear before investing is how they will invest and whether they will lose all their money after investing. It can be seen that many investors are afraid to invest but if we tell them about DCA investment and the low risk in this investment strategy then they will have the courage to invest. So far most of the investors who have adopted the DCA strategy have found this strategy to be an acceptable strategy for investing. Everyone from a new investor to an experienced investor and from a wealthy investor to a middle class investor now finds DCA investment strategy as the best for investing.
courage to invest for how long without understanding what they are investing on.
Many know how low risk DCA is but how many go through it.
We engaged in DCA because we understood the potential of the project
No prior knowledge or having just a surface knowledge would make the newbie prone to blog shenanigans.
Many would even sell in loss rather than buying the dip.
DCA comes from understanding the future of a project.
The important point of DCAing is that you have a permanent method of depositing bitcoin in any price trend where you can do it regularly and uninterrupted. The price of Bitcoin keeps on rising and it tends to dips for occasional corrections which can accumulate more Bitcoins for the same amount of dollars. Basically you shouldn't try to follow the DCA method just in expectation of dips, you should have the intention of stashing Bitcoin for the long term. When you get the expected bearish then you should be an attempt to make a single buy to accumulate more stacks in a shorter period of time.
we humans first before been investor
We sometimes question our decision and facts even when it's looking at us right at the eyes.
A friend bought Bitcoin at $62K and sold around $58K despite my warning
To get the newly listed Dogs
Cut story short he has realised that 5% in bitcoin is 30% in shitcoins.
What am trying to say is
DCA should be done based on personal capacity both financially or emotionally
Buy based on a price and amount you comfortable with but make sure it's not a once or twice accumulation but continuous
Either based on time,Dips or spare/idle funds at hand (personally use this)
Yes you can stash in dips doesn't mean you should go all in during a dip.