1)What is DCA ???
2)Why do???
3)most important when do DCA???
4) how do DCA?
Ans 1) DCA is a Dollar cost Averaging .
Ans 2) it's batter to catch multiple price . average ur crypto coins and stocks.
Ans 3) Bear market is good for DCA.
Sam and Tony r friends the both want to invest in (xyz) coin with 1000$.
Sam invested at 1$ per xyz coin got 1000coin.
Tony start DCA
200$ at price 1$ got 200xyzcoin
200$ at price 0.95$ got 222.22 xyzcoin
200$ at price 0.85$ got 235.29 xyzcoin
200$ at price 0.80$ got 250xyzcoin
200$ at price 0.75$ got 266.66xyzcoin
Tony hv total xyz coin. 1174.17
Tony invested 1000$ same amount like sam but sam buying price is 1$ per xyzcoin . And Tony buying price is. 0.8516$ per xyzcoin.When price reach 0.90$ Tony come in profit and sam is on -10%
#DCA
#dyor
#crypto2023
thanks 🙏🏽