Power of DCA gets you a brilliant ROI.
Today I shorted $BONK with 20x leverage starting from 2% of my portfolio. The price went on getting up and up and I kept on DCAing, shorting more and more with increasing percentage from my capital. Because I was sure that it'll soon be going down as it was already up 17%.
Ended up investing 30% of my capital which was almost 240$ and I was in 150+ loss. But because i had a back-up and my liquidation was far enough to not loose my set-up and close in loss.
Finally it started dumping and i set-up t.ps at different levels. Luckily all my t.p levels were hit and gave me a decent ROI within 4 hours.
