Dollar Cost Averaging — A Wiser Strategy to Invest in Crypto
Always making bad decisions when the market fluctuates?
When we talking about crypto investment, is it a long term strategy for you?One of the best strategy to invest in crypto is to buy some crypto assets every day. We’re not talking about ALL-IN and then HODL, this is not a smart way to invest in crypto but a high-risk gambling.
Before knowing more about the DCA Bot, let’s check out the following chart which let you know the power of the DCA Strategy.
But wait… buying 10$ of Bitcoin every day or 1$ Bitcoin every hour… That’s really time consuming and I’ll just need to act like a robot …
Hey! Let the bot do these routine work for you :)
Introducing: Dollar Cost Averaging Bot on Pionex
Simply put, DCA Bot can help you to buy some crypto assets every hour or time period!!
Let the robot do the routine work for you, and as a human being we can relax and enjoy our life with our family.
Here’s some benefits I got after using DCA Bot:
- Tempered my emotions and avoid FOMO or panic selling.
- Don’t have to put that much focus on the price chart everyday. Cause I knew that no matter how the price fluctuated I’m always buying/owning more crypto
And if you’d like to step your first step into DCA strategy, here’s my advice for you: Prepare at least 3~6 months of funds for the DCA Bot, that’s when the magic happens (so don’t let the bot buy too much crypto for you if you don’t have lots of funds)
Hope you enjoy the trading bot on Pionex :)
Join Pionex TG: https://t.me/pionexen
Start Your Bot on Pionex: https://www.pionex.com