a futures DCA spread over a 30% range sounds tidy until the coin dumps past the bottom of it. what leverage are you running so the last order doesn't get liquidated?
The advantage of DCA is that your average buying price keeps decreasing with each purchase because every layer is larger than the previous one. However, if the price moves outside the range which is less likely, you would need to use a stoploss. Alternatively if you believe in the coin's project, holding it could also be a better option.
The advantage of DCA is that your average buying price keeps decreasing with each purchase because every layer is larger than the previous one. However, if the price moves outside the range which is less likely, you would need to use a stoploss. Alternatively if you believe in the coin's project, holding it could also be a better option.