How can DCA be a good strategy for investors to minimize loses in crypto dealings.

almost 2 years ago

Crypto is a type of investment that requires a lot of strategy from investors before investing.
DCA is a strategy that can be used to minimize loses to some certain extent seeing how volatile the market is.

DCA:(dollar cost averaging) is a situation where by an investor segment the capital and using one third of the capital for investment which helps investors not to be totally at loss.
These strategy has been used by many investors and it turns out to be a tool for minimizing losses.

So if you are an investor, you are into crypto currency and not only crypto currency cause these methods is applicable to all businesses as a whole,you can introduce DCA strategy as a medium of controlling your losses as an investor.