About Dollar-Cost Averaging (DCA)
I will now explain what DCA is and how we can use it with an example.
Suppose you opened a BTC trade at $100 when the price was $29,000. However, the trade went against you, and the price reached our designated DCA point, let's say at $29,800. In this situation, you should open another position at $29,800 with the same $100 margin. This action will automatically combine with your previous trade, making your total trade size $200. As a result, your entry price will be averaged between $29,000 and $29,800, which is around $29,500. This strategy is known as Dollar-Cost Averaging (DCA).
Alert: After DCA liquidation price will come near, so always use low margin in trade only 2% or 3%
If you need further clarification, please feel free to ask.