Is It a Dip or a Trap? Using DCA on High-Conviction Plays 👇

The market is bleeding, and one of your favorite long-term projects is down 40% from its recent high. Panic sellers are running for the exits, but believers see an opportunity.

Scenario: $LINK, a project with strong fundamentals in the oracle space, is in a prolonged consolidation or downtrend. It feels like it's "doing nothing" while other coins are pumping.

My Strategy: This is a perfect scenario for Dollar-Cost Averaging (DCA).

What is it? Investing a fixed amount of money at regular intervals (e.g., $50 every Friday), regardless of the price.

Why? It lowers your average entry cost over time. When the market is down, your fixed amount buys more coins. When it's up, it buys less.

Key: This strategy is ONLY for projects you have high conviction in for the long term. Don't DCA into a dying project.

Patience is the key to building wealth in crypto.

#DCA #Chainlink #LINK #Investing #CryptoStrategy

Coin Pair: $LINK /USDT