Beleive me $10 can help you make $200.

WHAT is #DCA . A strategy for #degens and #crypto #newbies

In #binance app we have an option to see the loosers in a 24 hour volume market.

DCA (Dollar-Cost Averaging) is an investment strategy where you invest a fixed amount of money in a cryptocurrency at regular intervals, regardless of its price. This reduces the impact of market volatility and avoids the risk of buying all at a high price.

For example, if you have $10 and decide to invest $1 every week in Bitcoin:

Week 1: Bitcoin price is $50,000; you buy 0.00002 BTC ($1 ÷ $50,000).

Week 2: Bitcoin price drops to $40,000; you buy 0.000025 BTC ($1 ÷ $40,000).

Week 3: Bitcoin price rises to $60,000; you buy 0.0000167 BTC ($1 ÷ $60,000).

Over time, your $10 investment smoothens out the price fluctuations, reducing your risk of buying at a single high price.