#DCA (part 2)

... On the contrary, the risk of hoarding coins is also very high due to very strong price fluctuations, even one fine day the coins you hoard are wiped out and no longer exist.

Implementing the first DCA method sounds easy, but it's not really, because life is volatile and the source of income is not always stable. Sometimes there's unemployment, sometimes there's an incident,... even if it's difficult for us to accumulate money and gold regularly, crypto just wants to eat it right away, but few people are brave enough to DCA.

*** Method 2 to DCA average price: You have 1 lump of money and you divide it into small parts to buy gradually. Each purchase only uses 5-10% of the amount. With this method, only people with a lot of money are suitable. But people with only a few tens of millions or less can buy a few dong. Then I sit and watch the market go up and down, my hands get itchy, I get impatient, I throw it all in hoping for luck.

When the market collapses, there is no money left to buy, and then swing to the top, cut losses, etc.

So, listen to DCA, listen to capital management every day, but doing it is very, very difficult. Even if you can do it, there are a lot of risks in this market, so few people can get in and win. Out of a thousand people, 10 people laugh. But like lottery tickets and gambling, I find it difficult but still keep working on it because:

EVERYONE HAS A DREAM TO CHANGE THEIR LIFE :)