What if I advise you to Apply the DCA strategy??
Crypto market sometimes seem to be unpredictable, the analysis 📊 Mostly help to indicate the market Direction either bullish 📈 or bearish 📉, but not always, in such where the market take counter or go against your prediction, the Dollar Cost Averaging can be of help as you wait for the market to recover.
Example Given:
Suppose you enter market at a certain point say 0.005 expecting to take profit at 0.008 or 0.01 but the market go against your prediction instead drop to 0.0025 or even lower, then you will invest if possible thesame amount your entet with or even higher, so when the market recovered to your entry point means you lose nothing and even take profit of 50% of the whole investment.
