How to buy Dips or the Art of Buying Dips & Making Profit.The tools are explained on my -X and you can search @dips_picker.
DCA, or Dollar-Cost Averaging, is a strategy used in crypto (and other investments) where you invest a fixed amount of money into a cryptocurrency at regular intervals, regardless of its price.
Key Points
Reduces Risk: DCA minimizes the impact of market volatility since you buy more when prices are low and less when prices are high.
Simplifies Investing: No need to time the market; it removes emotional decision-making.
Ideal for Long-Term Goals: Works best for investors planning to hold assets over an extended period.
Example
You decide to invest $100 in Bitcoin every week.
Week 1: BTC price is $50,000 → You buy 0.002 BTC.
Week 2: BTC price drops to $40,000 → You buy 0.0025 BTC.
Week 3: BTC price rises to $60,000 → You buy 0.00167 BTC.
Over time, DCA averages out the cost of your investment, potentially lowering the risk of buying at a high price.
Just an example demonstration for DCA.( This was just a demonstration trade for this article).
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