source avatar0xHades

Share

THERE IS NO PERFECT ENTRY. The longer you wait for the perfect entry, the more reasons you have not to buy. You want just one more dip. One more confirmation. One more red candle. And then the chart starts reversing, leaving you on the sidelines. DCA solves that problem. Imagine you had $10,000 for Bitcoin in 2018. You tell yourself you'll buy after the next 20% drop. It drops. Now you think it'll drop another 20%. It does. Now you're convinced a recession is coming. Before you know it, $BTC has already pulled a 2x and you're tweeting about how you "missed the bottom." YOU DON'T NEED THE BOTTOM. Now, what if you had simply bought every month? Would you have caught the exact bottom? Probably not. Would it have mattered? Not really. Because your goal was never to buy the bottom. Your goal was to own Bitcoin before everyone wanted Bitcoin again. Exposure is what matters most. You'll always think it's too high on the way up. You'll always feel it's the end on the way down. That's why we DCA.

No.0 picture
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.