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What is DCA and why newcomers should know about it
DCA is a strategy that saves nerves in crypto
It stands for “Dollar-Cost Averaging”: when you don’t buy everything at once, but divide the purchase into parts and buy a little at a time (for example, weekly).
Why it works:
• you reduce the risk of buying at the peak
• you average the price
• you don’t panic during a drop
Are you using DCA or not?
#крипта #BinanceSquare #стратегії #інвестування
DCA is a strategy that saves nerves in crypto
It stands for “Dollar-Cost Averaging”: when you don’t buy everything at once, but divide the purchase into parts and buy a little at a time (for example, weekly).
Why it works:
• you reduce the risk of buying at the peak
• you average the price
• you don’t panic during a drop
Are you using DCA or not?
#крипта #BinanceSquare #стратегії #інвестування
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