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RE: Are You Losing Money With DCA?

in LeoFinance2 years ago

I addressed this a few times some time back, and also dedicated an article to it. It is wise to cease DCA during a collapse or onset of a bear market. Commencing a DCA strategy now would however be a reasonably good move... essentially, it's a strategy for the "average Joe". If you have market knowledge, it makes no sense to continue buying while an asset continues to fall. You simply wait and then commence once there is a reasonable indication that a bottom is in or at least close...

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If you see the BTC chart, it shows clearly how the is moving. It moves in trend and the price keeps falling until it breaks. Having the market knowledge will help you make a better financial decision. Even if you wan to do DCA, you can define the time when you should start doing DCA.

Thank you for your feedback!

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