DCA( dollar cost averaging )
i'm sure you have heard the term DCA. But what is DCA?
well it means investing in a smaller amount on a regular basis regardless of price movement.
lets take an example-:
You buy Space id token( #id ) at a price of .3$ for 300$ which gives you 1000 id tokens, then price came down to
. 25$ you again purchase for 300$ which gives you 1200 tokens and when price is .2$ you purchase another 1500 token for 300$.
now your total investment is 900$ and you have 3700 tokens with average purchasing price
of .25$. when the price reach .3$ you will have 3700*.3= 1110 that gives you 210$ in profit.
that's how you safeguard your investment against price change and build your portfolio.
It also works with price going up.
So before investing large sum in a project its best to think about DCA for long term gains.