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?
Start investing with a small amount of funds. That is not a poor practice of investment, but that’s one way to reduce the risk by investing at an amount you can afford to lose. Invest through DCA, that way you are investing at a regular basis with the same amount of your money. Gradually, when your profits have increased every time you sell, you can start increasing your capital as well so you can accumulate bigger amount of bitcoin portfolio.
Their is a lot of sense adopting this kind of behavior because when you use all your money they the trader might end up losing more so the best thing they can is use the amount you can afford to lose and that like the easiest way to stay longer when it comes to trading and since you can do sp and Tp there easy ways to control the risk because the only way you can control risk is by leveraging. And everyone don't have to be to greedy because if you are taking this measures you will have to reduce the amount of risk.
And DCA is much better for those that want to hold but if you trading then you have to learn to understand what strategy to use either you are trading or you are holding except you are doing the two because when you don't do the next after doing the two if you don't manage it well then you it will become more difficult to handle the two without knowledge. And when you hold the next thing will be to sell when you have made profit. Everything is about but the price for the knowledge must be paid.