DCA = Dollar Cost Averaging
In Arabic: Average Price or Gradual Buying/Selling.
✅ What does it mean in buying?
Instead of buying a large amount all at once (at a price that might be high), you divide the amount into installments and buy in stages.
This way, you have an average purchase price balanced between the peaks and troughs.
Example:
I bought 100 DOGE at $0.30
The price dropped, I bought 100 DOGE at $0.20
➝ The average price became $0.25
🔑 Summary:
DCA in buying: It provides you with a fair entry price and reduces stress.