What is always told to the investors is not to time the market , and DCA in solves that since you are betting on the market to rise overall and not in a certain time frame.
But if you are cashing out at once then you are timing the market once again, you are betting on the fact that market will fall from here on.
Also, We all know it's really hard to sell especially when everything is pumping, The fomo is too strong, and that's where DCA out provides a plan to change unrealised gains to realised gains that can be used for cocaine and hookers.
Yeah, you won't probably sell at market top but if DCA out is followed properly you won't be left holding a bag and a lot of guilt when the bear visits the market.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments