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A #DollarCostAveraging (DCA) is an investment strategy that is investing a specific amount of money on a regular basis (for example, monthly), regardless of asset price or market volatility.
It is best suited for long-term investors, beginners, and particularly those investing in volatile assets such as cryptocurrencies. 
This technique reduces risks and protects your capital by breaking down a large purchase into smaller, regular, recurring investments (for example, $500 per month) rather than investing a huge sum all at once (lump sum).
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Specifically, during market collapses and periods of high volatility; in falling markets, your set sum buys more units/shares than in rising markets, resulting in a lower average cost per unit/share over time. 
For instance, if you invest $1,000 every month, you will buy 100 units of cryptocurrency at $10 and 50 units of cryptocurrency at $20. Over time, this averages out your entry points. 
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This is the conventional method for managing the market volatility and risks, and this is how institutional traders and banks work. An established method that has been shown to be reliable and effective, it also helps investors maintain discipline and fosters regular saving habits in those who are just starting out.
Furthermore, from a psychological standpoint, it relieves the mental strain of trying to "time the market to buy or sell" and reduces stress during downturns.

And here is another technique I evaluated as a combination of the #CE (cost-efficient) method (see my previous post about a Tiny Investment strategy) and a Dollar-Cost Averaging strategy, it is an efficient market volatility management technique based on the formation of an investment context and is called a simple framing investment strategy (SFIS).
#SimpleFramingInvestmentStrategy

This strategy works best on Binance's Auto-Invest Plan and provides an incredible possibility to become a millionaire without making a significant financial investment. Binance's Auto-Invest Plan is smart portfolio building service that will purchase trustworthy and promising cryptocurrencies for you with a minimum daily investment of $3.5 or so.
In essence, Binance creates your crypto assets portfolio and performs all of the analysis for you. This allows you to acquire knowledge and use it as a backup investment portfolio while you are learning to create it by yourself. Win-win!

You can also test the #SFIS strategy in combination with another strategy known as the $27.39 rule, which states that saving $27.39 every day will result in a savings of around $10,000 over the course of 365 days. You'll find that the SFIS strategy set at $27.39 daily on Binance's Auto-Invest Plan will work well together and will turn your yearly objective into a manageable daily or monthly commitment.
You've already calculated the profit you'll make and when you'll become a millionaire, right?
Do share your achievements with me once you've become a millionaire using my SFIS strategy, I'll be happy to hear about your success!!!
#BitcoinVsGold @Binance Labs @Binance Earn Official
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Always "DYOR"

Ir labi, ja sekojat citiem tirgotājiem un veicat darījumus, pamatojoties uz viņu signāliem vai kopējat viņu darījumus. Jūs varat arī izpētīt šo iespēju un mācīties no viņiem. Noteiktā brīdī, kad kļūsiet par profesionālu tirgotāju, jūs varat vēlēties sniegt tirdzniecības signālus vai dalīties ar savām tirdzniecības stratēģijām, un tas var kļūt par papildu ienākumu avotu, kā arī jūs varat sniegt atbalstu citiem iesācējiem, kuri tikko sākuši mācīties tirdzniecību un kuriem nepieciešama palīdzība, vai kuri saskaras ar līdzīgām grūtībām, kādas jums pašlaik ir.

First, take a deep breath, have no emotion, a peaceful soul, unwavering character, a clear head, etc. It's not about me or any other person, I believe, and most definitely not about trading!
You may go have a cup of coffee or unwind in a spa and have a peaceful soul only once you have a clear picture of the price movement, its direction, and the profit target.
Because the profit target will be reached, your position will be closed, and you will receive your profit.
And this time eventually will be inevitable if you put in efforts day to day. As I said, the probability is too high! Trust me!
Until then, you are still learning, and as such, you will continue to learn by reading news, testing techniques/strategies, watching video courses, following your favorite trader, inserting your trading data with analysis and summary, tracking your progress, and continuously watching the chart until you close your position with a profit or a loss.

See the emotional spectrum that a normal trader experiences as they analyze or watch price movement. This is a classic example of typical trader behavior that can be utilized as an additional tool to predict price movement.
I advise, don’t trade when you are feeling euphoria, and do not trade when you are feeling depressed. As you trade, use this chart to assess your emotions. 
Second, there is a fear of missing out on something, such as price movements or a promising cryptocurrency or the next Bitcoin! My approach is to employ the #CE (cost-efficient) method and the #SFIS strategy. This will enable you to avoid investing a significant amount of your funds in assets that are weak or lack growth potential and to test your decision, meaning you can keep an eye on the asset's performance, whether it's rising or falling. Similarly, if you are trading, open a position with a little amount of capital if you can't stop yourself from entering the trade while you're feeling euphoric or depressed. This is really helpful.
Third, as an investor, you are constantly searching for ways to profit, aren't you? And as such, the first thing you should always consider is what risks you take on a given contract and what your return on investment is. Before you take any action, you should have the answers to these two questions! 
Traders typically advocate a risk/reward ratio of 1:2 or 1:3, as well as a 10%-30% ROI on their investment portfolio. In the crypto world, however, these are hilarious!! You can make up to 1000x times your money here. That is why crypto trading and #CryptoAssetsInvestment are so alluring and such a "crazy" environment!!! And, of course, the opposite of those high profits are undoubtedly the same losses. 
As a result, this post serves as a reminder to you once more to take care of yourself, that is, your well-being and your capital, and to strictly adhere to the Golden Rules of trading (see my previous post about the #GoldenRulesOfTrading ).
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