DCA strategy in crypto trading (my habit)
I know various crypto traders have their own strategies which they use in crypto trading , some of these strategies work effectively for them on the crypto market while some are still testing their strategies to know if it is reliable on the crypto market or not.
As for me I do not have any other trading strategy which I use other than the DCA strategy , the DCA strategy is what I am consistently using on the crypto market and it works for me often and so that is why I can never get tired of using it , the DCA strategy helps me to stay bold enough to invest on the crypto market no matter the situation of the market whether bearish or bullish , infact engaging in DCA during crypto trading is now a form of habit which I don't intend to stop anytime soon.
The DCA strategy have made it possible for me to get alot of great coins at a very cheap price during the bear season , and I know that I will be able to make alot of money when the market gets bullish again because it means I will be able to resell those coins at a higher price and that will make me to earn greater returns on my investment on the crypto market.
To be honest , the DCA strategy was easier or possible for me because I have another source of income that can help me to raise money and be able to keep engaging in DCA on the crypto market, if I had no alternative source of income , it would have been a very difficult or impossible task for me..