This strategy will be very useful for low capital traders.
I opened a position with minimum order quantity. Now I did DCA twice and lowered the entry price. I always calculate and open the size based on my available capital so that I never get liquidated.
Once the market price goes past my entry price I will again increase the size several times with SL set carefully at a profit and close the position finally.
Don’t buy with everything you have. Invest only a little and then DCA it as we can’t absolutely predict the market movements.