Fishing Knife:
DCA (Dollar-Cost Averaging) is an excellent technique, but I’d like to add an important point to enhance your portfolio management. Always set up your buying, selling, and reinvestment strategies in advance, as this approach works effectively in both bull and bear markets. I like to call this small yet smart strategy my "fishing knife."
Now, let’s explore how it works to generate compounding rewards and earnings.
First, choose a technically and fundamentally strong token. Then, strategically set your positions, either in other projects or the same one, based on your preferences. Ideally, your buying and selling should involve projects other than the one you’ve selected for your reserve strategy, while considering both short-term and long-term goals. Once your orders are executed, reinvest your profits by purchasing more of the same token to build your reserves. At the same time, reinvest your capital, continuously reassessing and optimizing what works best for your portfolio through thorough due diligence.
By consistently applying this strategy, you can potentially achieve significant portfolio growth within days, weeks, or months.