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Scraped on 17/05/2025, 23:35:01 UTC
Most of the time we regret buying something when we see the price drop. Then we don't have any more dollars to buy. But if we divide our total dollars into three or four parts and buy slowly at each down, then the chances of profit are high. And if we get profit after buying first, then we will sell. For this reason, I think it is better to invest little by little instead of investing all the dollars at once. What is your opinion?
You're talking about investing and not trading. This is what DCA is mostly doing to all of us. We buy little by little in any capacity that we're able and wait until we become in profit and sell that eventually. There are many that even they're in profit, they don't sell because they're looking more for better rewards in the future. And that's their strategy to start with. You're right with that if someone sees this as a better strategy then they should do it. This will even be more effective if the coin that you're buying is none other than Bitcoin. 
Original archived Re: Use a small amount even if you have a big budget.
Scraped on 17/05/2025, 23:29:54 UTC
Most of the time we regret buying something when we see the price drop. Then we don't have any more dollars to buy. But if we divide our total dollars into three or four parts and buy slowly at each down, then the chances of profit are high. And if we get profit after buying first, then we will sell. For this reason, I think it is better to invest little by little instead of investing all the dollars at once. What is your opinion?
You're talking about investing and not trading. This is what DCA is mostly doing to all of us. We buy little by little in any capacity that we're able and wait until we become in profit and sell that eventually. There are many that even they're in profit, they don't sell because they're looking more for better rewards in the future. And that's their strategy to start with. You're right with that if someone sees this as a better strategy then they should do it.