Best Strategy For Crypto Noobs: DCA and Hold for the Long Term 📊
For most people, the best approach in crypto is to keep it simple. Instead of overcomplicating things, consider using a dollar-cost averaging (DCA) strategy and holding for the long term.
Here's a straightforward portfolio suggestion that most people should stick with:
🥇 50% Bitcoin
✨ 30% Ethereum
🔳 10% Solana
🐷 10% other altcoins or nemecoins you like
With DCA, you buy these assets in the above proportions every month or every two months, no matter what the market is doing ❗️
This helps you reduce the impact of volatility and steadily build your portfolio over time avoiding mistakes often made by most traders
🛒 Avoid trying to time the market or trade frequently. Just hold your assets and continue to DCA.
Keeping it simple can make your journey less stressful and more rewarding in the long run. This is proven by statistics! ↗️
