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Topic
Board Beginners & Help
Re: Does the DCA strategy inspire newbies to invest?
by
Tungbulu
on 03/01/2025, 21:55:54 UTC
What I know about the DCA method seems a little different from what you are saying. I agree with you that the DCA method can be started at any time provided the capital is read as it is an ongoing investment strategy. I defer with you on the aspect that the DCA method will not be profitable on a bullish market because it can be profitable in any market condition provided the plan is the hold those coins for a long period of time. I also know that the DCA method does not care so much about the price so any time is fine and any price is a fair price for the DCA method.
That’s absolutely correct.
If there’s one thing I’ve learned about the DCA strategy, it’s the fact that it gives investors that opportunity to benefit from every market condition, DIPs, bearish market and even the bullish market, and there’s no market condition that may not be seen as potentially beneficial to the investor as long as he sticks to consistent buying and long term approach, because that way, the investor gets to avoid the risk and temptation of attempting to time the market, which of course could potentially lead to losses of the investor fails to accurately time the market.