📉 What Is Step-by-Step Buying?
Instead of investing all your capital at once, step-by-step buying means dividing your investment into smaller parts and purchasing at different price levels. This strategy helps you manage volatility and reduce risk
💡 Benefits of Step-by-Step Buying:
1. 🔹 Reduces Risk:
You avoid losing too much if the price drops, since you didn’t invest all at once.
2. 🔹 Averages Your Entry Price:
You get a better average price by buying at multiple points rather than purchasing everything at a high price.
3. 🔹 Controls Emotions:
With a clear plan, you avoid panic and greed, keeping your strategy disciplined.
📊 Simple Example:
Let’s say you want to invest $1000 in Dogecoin:
First entry: $250 at $0.1750
Second entry: $250 at $0.1650
Third entry: $250 at $0.1550
Fourth entry: $250 at $0.1450
In the end, your average buy price will be lower than someone who invested the entire $1000 at $0.1750.
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