The strategy is holding 846,842 BTC with an average cost basis of $75,656. They bought when BTC was at $95k. They also bought when BTC dropped to $63k. Meanwhile, many traders keep guessing the bottom—when BTC falls to $80k, they say they’ll only enter at $60k; when it drops to $60k, they claim they’ll only buy at $40k. Yet, many experienced, wealthy traders who thrive long-term in this market are those who know when to DCA correctly. If you’re only down 8 million VND instead of 8 million USD, what would you do? 👍 Keep DCA ❤️ Hold your position 🔄 Cut losses, quit, and go drive for Grab =)))
MieShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.