Facing losses during a bear market? Here is a way to override them without fear of risk!
Gate.io
Jenis terkait: Others
2023-01-13 14:42
[//]:content-type-MARKDOWN-DONOT-DELETE ? What is DCA It is never an easy job to find the right entry timing in the crypto market, especially when there are many expert traders and institutions. So how should we, as common traders, enter the market? Yes, maybe you already know the answer. That is to use Auto-Investment, also known as Dollar Cost Averaging - the operating logic of this trading strategy, which divides the principal and puts them into the market in batches. By doing so, it can help resist market fluctuations and reduce the risk of everything in one entry. Most traders take the initiative to enter the market but few of them can hold on for a long time and keep gaining returns. However, if you make good use of Auto-Investment, it can help you overcome this human weakness of giving up halfway, and serve as a good tool for you to seek valuable targets in the market. Buy & HODL and become a cryptocurrency believer. You'll surely get rich in the next bull market! ? Advantages of DCA The crypto market is full of experts and institutional traders. But don't panic, DCA - the saviour of retail investors, will make you more competitive in the market: ? Financially -- Invest in batches, low risk -- Preset & fixed investment amount -- Cultivate discipline and develop a saving habit ? Mentally -- Less psychological burden, easier to hold on -- Able to divert attention to other areas instead of the crypto market ? Now that all things are clear. Let's check how to create an Auto-Investment plan. How to create a DCA plan? In Auto-Investment, the most important thing is to select currencies that keep rising in the market. The choice is more important than anything else! Currently, on Gate.io's Auto-Investment Leaderboard, what most people choose is BTC & ETH which account for 60% of the total market capitalization of the cryptocurrency market. Next, you need to decide on the investment period and the amount per period to be invested. With these steps, you can estimate how much money you need to prepare each month for your own Auto-Investment plan. When you really embark on this investment journey, you can cultivate discipline and form a saving habit. In the long run, you'll find yourself a smart investor who is good at making investment plans. For more details on how to create an auto-investment plan, please read ?[Auto-Investment User Guide ]"). ?♂️ [Create Your Own Auto-Investment Plan Now ] ?♀️ Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io [Sign up] to enter the crypto gateway and get 40% commission from [referrals] [Download iOS/Android App] right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team January 13th, 2022