All in or Dollar Cost Average Approach?
An important strategy of investing is the **dollar cost average**, a technique actually to **buy crypto with lower risk**. Instead of putting all your funds at one go, **you invest into parts in a consistent amount of time**. Why is that kind of investing so important? Because t**his is going to neutralize risk and reducing the impact of volatility on the overall purchase**. Let’s think about it. The best scenario for gains is for sure is to buy at the lowest price. The problem is y**ou cannot predict the crypto’s price in the future** and you cannot time the market generally. Surely the technical & fundamental analyses are useful to get better probabilities, but **in the crypto market**, there is **too much hype to trust your intuition.**
This technique **is targeted mainly for holders, for people who want to grow their crypto amount for a long-term profit.** Another benefit of DCA is that if don’t have to know technical analysis for the time to enter the market, you buy consistently a small number of your funds every week or month or whenever you choose. Of course, you can **be a bit flexible regarding the DCA approach and programming your purchases during corrections**, **“buy the dip”** in other words. Remember that **your goal** here as an investor or a holder is to **collect as many coins of value as possible. 🦾**
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