Dollar Cost Averaging Simplest way to understand or practice. | @crypto_raiders

Dollar Cost Averaging

Simplest way to understand or practice...

DCA is just buying a long term coin periodically at good entry point to average your position while build the bag

For instance If your target is 10 BNB, anytime you have usdt that you want to spend on it you wait to buy it at a good entry. Your entries - buys - can be the lower low of that cycle or structure.

Most times the next entry might not be as low as the initial entry but at all time your average entry remains lower than current price if it’s a good coin

This is one my favorite strategy, dedicated specially to my long term bags