DCA IS A SMART METHOD
DCA, also known as dollar-cost averaging. It sounds easy, anyone can do it, but to do it well and systematically, not many can.
As everyone can check the history, one can say I bought at the peak price of 3-4$. But after many phases of DCA, the current average price is only around 1.1-1.2$.
That's why I say, DCA is an extremely powerful method.
If the DCA plan is good, you don't need to worry about where to buy, because after a series of DCA periods, you will still have a very good price to HOLD.
My DCA plan:
1. Do not chase the tails, if there are tails that drop down, it is almost certain the price will test the tail there. So there is no need to rush.
2. If the tail test bounces back up but does not have enough strength to create a reversal across multiple frames, it will continue to drop.
3. Wait for the price to move sideways and accumulate with new volume before being allowed to buy.
-> Applying this method, my price of 42178461522 is currently right according to my plan.
Stay confident. I am always bullish until the end of 2025. Money is not easy to earn. Focus on self-improvement, everyone.