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Ask Leo : IS DCA a good good investment strategy for crypto investors?

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@tobywalter
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Source Cryptocurrency investors are always looking for a way to minimize risk of loosing investment in crypto but the volatility nature of cryptocurrency has made it difficult. The newbies are always afraid to lose their funds also especially when there is a bearish situation in the market . The adoption of[ DAC ](Dollar cost average) could be a solution to this risk and volatility situation in crypto
Investing. periodically, with an amount of money this allows the investors to invest part of the total investment funds to buy a particular asset or crypto regardless of the price and this process will continue repeatedly
(DCA ) dollar cost average strategy is always good for beginners in crypto especially if one is ready to invest for a long term. it is also a good one because this strategy allows one to stick to an investment schedule and to also invest a fixed amount regardless the price of the token or coin . The [DCA ] is one of the best strategy to adopt when it comes to crypto because of its volatility and with the situation of the market going up and down every now and then this makes it more difficult to project or predict the price chart but with the DCA strategy,it will help to take advantage of the bearish conditions of the market ,

HOW DO I TAKE ADVANTAGE OF THE MARKET USING [DCA]

all you need to do is to invest some fund, decide the total amount of money you want to use for investment target a particular token or crypto you want to invest into and invest but to be on a saver side make it little and wait for a specific period of time and if the price falls you keep investing and this will be an added advantage ,but using this method during the bull market might be disastrous and cause your to lose a lot of money .

WHAT IS [DCA]

This is a strategy where by a particular investors invest a total sum of money using part of the investment Fund to buy a particular asset as it increase over time regardless of the price of the assets instead of using all money at once to invest ,this strategy helps to take advantage of the market volatility without risking too much

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