$VTHO DCA
Teea's strategy: DCA i.e 'Dilution/Decreasing Cost Average' not "Dollar Cost ..." as they say
It goes like this:
Initially, I bought #VTHO around 0.64, I sold some with 0.66.., and kept some hoping that the price could go up; unfortunately the price started to go down leaving me at loss (off course, it does this to many people).
From next day on ward the price continued to dump....
Teea started to do his #DCA as follows:
He has been buying every deep such as 0.56, 0.45, 0.5 ... on daily basis.
Currently he is holding VTHO with average cost of 0.52 and now he is at ease, cause he diluted the cost. That's why he called 'DCA': Dilution Cost Average (Decreasing the Average Cost).
Soon or later the price will go up, for sure it will go above 0.52 in the near future.
'Then it's not lossing about,
Rather it's... when to take my cut!', My cut
