$BTC
DCA STRATEGY IN FINANCIAL INVESTMENT 4.0
What is DCA?
DCA (Dollar – Cost Averaging) – the averaging strategy is a strategy that divides the investment amount into different portions instead of investing all that money at once. After that, this investment amount will be deployed for investment at different time intervals until it is exhausted.
Unlike the strategy of buying low and selling high, which helps investors maximize profits, DCA aims to minimize losses and risks, helping investors take advantage and grow over the long term. (Figure 2).
The different colors of the bands indicate whether Ethereum is currently undervalued or overvalued. The logarithmic chart of Ethereum is used instead of the linear chart to better visualize the long-term growth trajectory of Ethereum. Cooler colors indicate good buying opportunities, while warmer colors indicate good selling opportunities.
(Figure 1) Explanation 👍
Dark Red: The Ethereum market is overextended, ETH price is likely to drop
Red: Ethereum is overbought, traders should consider taking profits
Dark Orange: Buyers are dominating the market, FOMO (fear of missing out) is increasing
Light Orange: The market is balanced
Yellow: Investors should hold Ethereum
Light Green: Ethereum can be purchased at relatively cheap prices
Green: A good position to accumulate Bitcoin
Light Blue: A very good buying opportunity for ETH
Blue: Ethereum is undervalued.
So the question is at what point and position to DCA?
A. DCA according to the left mountain slope ⛰️?
B. DCA according to the right mountain slope ⛰️? (Figure 4)
C. DCA from the plain area? (Figure 4 - Sideways price area).