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Dollarcostaverage

UBISOFT REKT- What happens when you're one of the biggest video game companies in the world and you rest on your laurels? You sink. - That said, as traders, we can always attempt to capitalize on a dead cat bounce. - Right now, nothing to buy, if Ubisoft not down more and bounce before, just forget it. ------------------------------------------------------------------------------------------ Trading Parts : ------------------------------------------------------------------------------------------ - Buy around 10€ ( 30% invest ) - DCA Rebuy to 8.5€ ( 70% invest ) ------------------------------------------------------------------------------------------ - TP1 : 17.9€ - TP2 : 29.9€ ------------------------------------------------------------------------------------------ SL : 5.9€ ------------------------------------------------------------------------------------------ Stay S4fe Happy Tr4Ding !
EURONEXT:UBILong
by thecryer
Is the crash here?Throughout all of social media and YouTube I've been seeing many people panicking if weather or not we have topped and should start selling. One thing that I've learned predicting mayor world events is to: always play it on the safe side when dealing with uncertainty. Instead of shorting the market, I prefer reducing my exposure, as short trades are extremely risky, and I've personally learned that the hard way. It is true that price action is now at an infliction point. With a vast amount of stocks entering a downtrend in such a harsh manner. It is not hard to see why everyone is panicking. Do I think this is the crash we've been waiting for? Perhaps it is, but I can't tell with certainty because even tough price is over extended, it does have a lot of structure supporting it. The reason we are at an infliction point is due to the price action reaching the 25MA which many times is used as support or resistance and going below this threshold would for sure confirm a downtrend and with my Mean Returns indicator the story is the same. We are seeing a loss in momentum after having a very bullish push in the last years. With all the recent news in the U.S. election, it is fascinating to see the market react to these mayor events. These do change the scope of how the market should behave, as a lot of uncertainty has just been introduced to the U.S. population in general. This lack of knowing what the future hold in store is what I believe to be the driving force of this recent downtrend. Combined with increasingly worsening economic fundamentals is what will give us the crash we are waiting for. But before making a decision on how to trade, it's important to consider all possible outcomes. Which is exactly what you can see in the graph. Where I've marked what different price action would mean to the economy and the market in general, as well as setting a trading plan for all of these outcomes. This type of panicking is what leads me away from using stop losses. People panic and push prices violently. However, many times the analysis was correct from the start but hitting a stop loss gets you to close your position prematurely. That's why I define several entry levels and dollar cost average since the beginning. Using an equation to determine how much should I invest, at which levels to determine the correct amount of exposure to avoid missing out and to always have a favorable average price.
CME_MINI:ES1!
by DarkMessiah777
How to dollar cost averge with precisionI've seen several dollar cost averaging calculator online, however there is something I usually see missing. How many stocks should you buy if you want your average cost to be a specific value. Usually the calculators will ask how much you bought at each level ang give you the average, but not the other way around (telling you how much to buy to make your average a specific value). For this, I decided to make the calculations on my own. Here, you can see the mathematical demonstration: www.mathcha.io
NASDAQ:TSLAEducation
by DarkMessiah777
A better DCA strategy that you need to start using. We all know about Dollar Cost Averaging positions over time. However allow me to introduce you to a weighted DCA strategy that gets you a tighter average and retains additional capital over time ready to be allocated at "better prices". First take your monthly $ allocation to your desired Ticker *For this example we use $400 added monthly and TSLA as the Ticker We break the monthly add into 1/4ths So if we have $400 That = 4 lots of $100 dollars. Set an Auto buy to $100 (as well as auto div reinvest if there is one) *This feels like we're leaving too much on the table and not invested, but this is what gives this strategy the sauce. *We use the Daily chart over a year timeframe for consistency. If RSI is >= 60 we leave the auto buy of $100 (1/4) as is and save the remaining 3/4s to allocate at another date. If RSI is >= 50 -60 we buy another 1/4 ($100) (totaling $200 or 2/4s of monthly allocation) If RSI is <= 30 we allocate the other 3/4s ( $300 ) for a full 4/4s monthly allocation _We will also @ RSI <= 30 allocate 1/4 of all saved monthly allocations As seen in the Chart this occurs in Feb of 2024 where we buy $400 ($100 auto buy + $300 manual) and from $1300 reserves we've accumulated we use $325 to purchase additional shares. This leaves us in great shape, we have a much tighter avg while also maintaining funds ready to specifically purchase more shares at a better price without the fomo. The monthly breakdown of DCA'd shares looks like this Shares DCA'd Jul .35 Aug .789 Sep .794 Oct .773 Nov 1.94 Dec .84 Jan .84 Feb 3.90 mar 1.06 Apr 1.225 may 1.109 Jun 1.13 14.75 shares over 1 year Total Invest $3025 AVG/Share $205 (9% better Avg than regular DCA) W/ $1775 available for RSI < 30 situations Any questions/ opinions welcomed. Good Luck out there.
NASDAQ:TSLALong
by AngryBuhda
FRONTLINE PLC Long - Dollar Cost AverageThis is an analysis of Frontline PLC - a Norwegian oil transportation company, the following is strictly my own personal opinion and does not constitute financial advice. Key numbers: Dividend yield expected 2024 - 17% P/B - 2.03 P/E - 5.41 Market cap 47 178 MNOK (4.5 BUSD) Analyst estimates: Analyst estimate average for FRO is 267.5 NOK which is equivalent to a 32.3% increase from todays price. Key information: FRO has had a significant increase in price the past 6 months, and analysts estimate an increase in both dividends and growth for the company in the coming years. Technical analysis: FRO made a bullish divergence on the 195-200 support level recently, after a significant sell off the past few weeks the stock did not even drop as a result of dividends being paid out to stock holders, and I see this as a sign of the stock being about to reverse the downwards trend and begin to move back towards my price target of 260-280. Strategy: I am currently in possession of FRO shares with a GAV of 150 NOK/Share as well as increasing my position on friday for 200 NOK/Share. I am looking to hold these shares until price reaches 260-300 NOK/Share depending on coming events. If the price keeps moving down, I will look to hold my position until the stock reaches my price target regardless, as the dividend payout is significant. This might change if significantly bearish news arise, but I do not see that as a high probability at this moment. If price reaches my profit target, I will again look at analyst estimates and given there is no change I will exit my position for a significant gain. If analyst estimates increase I will either close part of my position or hold it until bearish divergence on the 4H timeframes.
OSL:FROLong
by DonBboy
2
Let's Dollar Cost Average with Ethereum 🎯Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In this 5min video, you'll see an example on arguably one of the most important strategies that every trader should know : The Dollar-Cost-Average method. When it comes to time for buying towards the end of a bearish market (ideally the accumulation zone), buy too soon and you risk regret if the price drops. But, if you wait and the price goes up, you may feel like you missed out on a deal. Or worse, you end up without a position. When you dollar-cost average, you invest percentages of your available money at different entry points. Rather than attempting to time the market and catch the exact bottom, you buy in at a range of different prices. Dollar-cost averaging is a strategy that increases your profitability, as well as allows you to sleep soundly and carry on with your life without having to watch the charts all day. Like with most investment strategies, dollar-cost averaging is not for everyone (not ideal for short term swings or day traders), and there are times it works better than others (during the end of the mark down phase). But it can be a powerful tool for removing some of the emotional barriers to investing. In this video, we look at how dollar-cost averaging works and the best ways to use the strategy. While you're here 👀 learn more about stop hunt's in this post: _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
41
Bull Market Booming: Top Tips to Maximize Your Investment Gains!It appears that a bull market has taken hold in the US market, as evidenced by the remarkable rise of the S&P 500 index, surging over 20% from its October lows. Adding to this favorable outlook, the Federal Reserve has finally implemented a much-anticipated pause in the cycle of interest rate hikes. With the shift in market sentiment from bearish to bullish, investors are eagerly looking for avenues to leverage this upward trend and make the most of the prevailing conditions. Today, we will delve into the various factors that indicate the arrival of a bull market, along with strategies and invaluable tips to help you seize the opportunities presented by this favorable market scenario. What Lies Behind All This Optimism? The current wave of optimism in the market and the emergence of a new bull market can be attributed to several significant factors that are often overlooked or avoided in discussions. One key reason behind this optimism is the remarkable earnings results reported by companies. Investors are celebrating the fact that companies are no longer delivering mediocre performance. Instead, they are exceeding expectations and showcasing strong growth. This shift in mindset from accepting average results to embracing a "glass-half-full" outlook is driven by the realization that companies are meeting and even surpassing the high growth expectations set for them. This surge in optimism is fueled by the confidence that companies have proven their ability to generate substantial earnings and capitalize on market opportunities. Investors are therefore responding by driving up the market and contributing to the overall bullish sentiment. It is important to acknowledge and consider this fundamental aspect when discussing the reasons behind the current optimism and the substantial year-to-date increases observed in the market. The impressive performance of companies and their ability to meet or exceed growth expectations have played a vital role in shaping the current bullish market sentiment. S&P 500 daily chart The positive forward guidance provided by CEOs further reinforces the current optimism in the market, as it signals their increased confidence in navigating challenges, particularly those posed by inflation. A notable example of this trend can be seen in Nvidia's Q1 earnings report, which highlighted the company's upwardly revised guidance. This adjustment reflects the strong demand for AI technologies that power applications at major industry players such as Google, Microsoft, and OpenAI, the creator of ChatGPT. Nvidia's projected revenue of $11 billion for Q2 significantly surpassed the estimates put forth by Wall Street analysts. This impressive figure serves as tangible evidence that the AI craze is more than just hype. The surge in demand for graphics processing units (GPUs) from both established tech giants and startups as they develop their AI platforms has been a key driver behind Nvidia's remarkable performance. As a result, the company's shares experienced a staggering 26% surge, propelling Nvidia's market value to an extraordinary $1 trillion. This achievement places Nvidia among the elite group of publicly traded US companies that have reached this milestone, joining the ranks of industry giants such as Apple, Microsoft, Google parent Alphabet, and Amazon. The significance of Nvidia's market value milestone further solidifies the notion that the demand for AI technologies is substantial and here to stay, providing a strong foundation for the ongoing bull market in the US market. Tesla stock daily chart Tesla has also emerged as a significant player worth noting in the current market landscape. The company has experienced a remarkable turnaround, with its stock value surging by an impressive 70% over a six-month period, including a notable 53% increase in the past month alone. This is a noteworthy development, considering that Tesla had suffered a substantial loss of around two-thirds of its value in 2022. The strategic and timely price cuts implemented by Tesla, although initially perplexing to some, are now proving to provide the company with a potential market share advantage. These price adjustments have contributed to the renewed interest and confidence in Tesla, ultimately fueling its recent resurgence. As the Q1 reporting cycle has concluded, the results reveal a strong performance for tech stocks in the latter half of the year. This surge can be attributed to the prevailing optimism surrounding the Federal Reserve's approach to nearing the end of its rate hike cycle. The anticipation of higher interest rates, coupled with concerns of slower economic growth and softer labor market conditions, has contributed to a decline in inflation. Surprisingly, the adverse effects that were initially expected to impact households and businesses have been less severe than initially predicted. Furthermore, with the concerns surrounding the US debt ceiling alleviated and the mitigation of inflation risks, the overall market sentiment has undergone a transformation from bearish to bullish. This shift in sentiment is likely to continue, with stocks, particularly mega-cap tech companies like Tesla, expected to maintain strong returns throughout the remainder of the year. Overall, Tesla's impressive turnaround and the positive performance of tech stocks exemplify the overall market's optimistic outlook, driven by a combination of factors such as Federal Reserve actions, inflation dynamics, and improved market conditions. Top Bull Market Stocks to Consider Buying Now: Tesla (TSLA) This is not financial advice. Indeed, Tesla's influence extends beyond its position as a dominant player in the electric vehicle (EV) market. The company's offerings go beyond vehicles and encompass solar and energy storage solutions. Tesla's plans to establish a factory in Shanghai for manufacturing Megapack batteries further solidify its position as a leader in the renewable energy sector. These batteries play a crucial role in storing renewable energy, alleviating strain on the grid during peak hours, and promoting a more sustainable energy ecosystem. While Tesla's growth will be primarily driven by its vehicle production, the company's positive outlook is reinforced by upcoming price cuts and the launch of new products such as the highly anticipated Cybertruck and Semi. These product expansions contribute to the company's overall growth potential and indicate its commitment to innovation and diversification within the EV market. Despite some mixed recent financial results, investing in Tesla during the current bullish market phase is seen by many as a reasonable bet on the company's potential to become the world's largest automaker. Tesla's strong market presence, technological advancements, and commitment to sustainability have garnered significant investor confidence and positioned the company for continued success in the evolving automotive and renewable energy sectors. Alphabet (GOOGL) Alphabet stock daily chart Google, with a staggering market capitalization of $1.6 trillion, stands as one of the most prominent names in the business world. It secures its place among the top five most valuable companies globally and boasts a widely recognized and esteemed brand. Google remains at the forefront of groundbreaking advancements in various technological spheres, including mobile technology, cloud services, data analytics, artificial intelligence (AI), and virtual reality. These innovative developments continue to drive the company's success and shape its competitive edge. Notably, a significant portion of Google's revenue stems from its dominance in internet advertising, a lucrative sector that contributes substantially to its financial performance. The active integration of AI within Google's operations serves as a strong catalyst for the growth of its shares. As AI technology becomes increasingly prevalent, it expands the addressable market for Google, creating new avenues for growth and revenue generation. The global corporate AI market, in which Google actively participates, is projected to experience a remarkable annual growth rate of 34.1% until 2030. This highlights the immense potential and opportunities that lie ahead for Google as it leverages AI capabilities to propel its business forward. With its continuous pursuit of technological innovation and a diversified revenue stream, Google remains a formidable force in the industry, poised for sustained growth and influence in the years to come. Intel (INTC) Intel stock Monthly chart The increasing adoption of artificial intelligence (AI) technology has created a surge in demand for chips, leading to notable market movements for prominent AI chip manufacturers. Both Advanced Micro Devices (AMD) and NVIDIA have experienced significant share price increases since the start of 2023, capitalizing on the growing enthusiasm surrounding AI advancements. In light of this trend, chipmaker Intel is also seeking to position itself as a key player in the AI chip market. Intel has been engaged in negotiations for a strategic initial public offering (IPO) investment with Arm, a renowned British chipmaker. This move follows NVIDIA's previous unsuccessful attempt to acquire Arm. By exploring this potential partnership, Intel aims to solidify its position in the AI chip sector and leverage Arm's expertise and technology to enhance its own capabilities. The negotiations highlight the fierce competition among chipmakers to secure a prominent position in the rapidly expanding AI market. As the race for AI chip dominance intensifies, these developments demonstrate the strategic moves undertaken by major players in the industry to stay ahead in the evolving landscape of AI technology. The outcome of these negotiations will undoubtedly have implications for the future trajectory of the AI chip market and the competitive dynamics among key players such as AMD, NVIDIA, and Intel. Strategies For Investing In A Bull Market If we are indeed in the early stages of a new bull market, it's crucial to have strategies in place to make the most of rising stock prices. Here are four strategies to consider: 1 ) Diversification and Asset Allocation: Review your asset allocation to ensure you have sufficient exposure to stocks to benefit from the bull market. Consider rebalancing your portfolio by reducing your allocation to bonds and cash while increasing your allocation to equities. However, exercise caution and remain aware that market conditions can change rapidly. Don't assume that stocks will only go up from here. Maintain a well-balanced portfolio that includes a mix of stocks, bonds, and cash. If you're uncertain about the ideal mix, the Rule of 110 suggests subtracting your age from 110 to determine the percentage of your portfolio to allocate to stocks. 2 ) Focus on Growth Stocks and Sectors: In a bull market, growth stocks and sectors tend to perform well. Look for innovative companies that leverage technology to create efficiencies or address global challenges. Industries experiencing rapid growth in 2023 include CBD product manufacturing, 3D printing, solar power, and artificial intelligence. Remember that growth stocks offer higher return potential but also come with increased risk compared to more established companies. 3 ) Consider Value Investing: Value stocks are equities that appear undervalued relative to their intrinsic value. They may be trading at lower prices due to investor overreactions or a market environment that favors faster-growing assets. In a strong bull market, value stocks may lag as investors favor growth assets. However, for patient, long-term investors, this presents a buying opportunity. Value stocks often shine during bear markets and may offer dividend payments. Utilize the bull market to increase your holdings of value stocks, which can act as a buffer during the next bear market while providing dividend income. 4 ) Dollar-Cost Averaging: Implement a strategy known as dollar-cost averaging (DCA), where you invest a fixed amount on a regular schedule, regardless of market fluctuations. For example, invest $400 on the same day each month instead of trying to strategically time the market. DCA helps manage the volatility often seen in the early stages of a bull market. By investing consistently, you buy more shares when prices are low and fewer shares when prices are high. This approach lowers your average cost basis over time and minimizes the impact of short-term market fluctuations. Remember that these strategies should be tailored to your individual financial goals, risk tolerance, and time horizon. It's advisable to consult with a financial advisor who can provide personalized guidance before making any significant investment decisions. Risks To Be Aware Of In A Bull Market While bull markets can present favorable opportunities, it's crucial to be aware of potential risks and pitfalls. Here are three significant risks to consider: 1 ) Overconfidence and Speculation: During a bull market, there is a tendency for investors to become overconfident and take on higher levels of risk. This can lead to speculative investing, where investors chase after high-risk, high-reward opportunities. However, when the bull market eventually ends, these speculative investments may experience substantial losses. It's important to maintain a balanced approach to investing and avoid excessive risk-taking, as downturns can permanently impact the outlook for smaller, less established companies. 2 ) Market Bubble: Bull markets can sometimes give rise to market bubbles, where stock prices become significantly detached from their underlying value. This occurs when investors, driven by excessive optimism, push prices to unsustainable levels. While market bubbles can provide opportunities for gains in the short term, they also carry the risk of a sudden correction or crash. Once the bubble bursts, panic can set in, causing a rapid decline in stock prices and the onset of a new bear market. It's essential to remain cautious and be aware of signs of excessive market exuberance. 3 ) Impact of Interest Rates and Inflation: The interplay between interest rates, inflation, and economic conditions can influence the trajectory of a bull market. Changes in interest rates by central banks, such as the Federal Reserve, can impact borrowing costs and corporate profitability. Additionally, shifts in inflation levels can affect consumer spending power and overall economic growth. Uncertainties regarding future interest rate hikes or spikes in inflation can introduce volatility and potentially dampen or reverse a bull market. It's important to monitor economic indicators and the actions of central banks to gauge their potential impact on market conditions. It's worth noting that predicting the specific outcomes of these factors in the coming months or years is challenging. The key is to remain vigilant, maintain a diversified portfolio, and consider the long-term perspective when making investment decisions. Consulting with a financial advisor can provide valuable guidance in navigating the risks associated with a bull market. Tips For Benefitiing From A Bull Market To successfully navigate a bull market and maximize your investment potential, it's important to consider the following strategies: 1 ) Stay Disciplined: Maintaining discipline is crucial in avoiding excessive risk-taking and speculative behavior. Define your investing parameters and process, and stick to them. Establish clear criteria for the types of investments you're willing to make and the level of risk you're comfortable with. Evaluate any exceptions carefully and have a clear exit plan for more speculative assets. By staying disciplined, you can mitigate the risks associated with overaggressive investing and ensure a more measured approach to capitalizing on the bull market. 2 ) Think Long-Term: Adopting a long-term perspective is key to protecting your investments from short-term market fluctuations and potential downturns. While it can be tempting to make impulsive decisions based on short-term market movements, it's important to focus on your long-term financial goals. Allocate a portion of your portfolio to cash reserves to cover emergencies or major purchases, so you don't need to tap into your investment accounts during market volatility. This long-term outlook allows you to weather market cycles and take advantage of opportunities that may arise, while also providing stability and peace of mind. 3 ) Rebalance Regularly: Bull markets can lead to overexposure to stocks as their value appreciates. Regularly rebalancing your portfolio helps maintain your desired asset allocation. For example, if your target allocation is 70% equities and 30% bonds and cash, and stocks have outperformed, your allocation may shift to 75% stocks and 25% bonds and cash. By periodically selling stocks and purchasing bonds, you can restore your desired asset allocation and lock in some profits from the bull market. Rebalancing also helps manage risk by ensuring that your portfolio remains aligned with your risk tolerance and investment objectives. 4 ) Seek Professional Advice: Each individual's financial situation is unique, and it's important to consider your circumstances when implementing investment strategies. Regularly review your investment plan and consult with a financial professional to ensure it remains aligned with your goals and risk tolerance. A financial advisor can provide personalized guidance based on your specific situation, help you navigate market trends, and offer insights on potential investment opportunities. They can also assist in assessing the performance of your portfolio and making adjustments as needed. By following these strategies, you can position yourself to make informed investment decisions, manage risk, and capitalize on the opportunities presented by a bull market. However, it's important to remember that investing involves inherent risks, and past performance is not indicative of future results. Stay informed, monitor market conditions, and be prepared to adjust your strategies as needed. Conclusion: As the bull market gains momentum, it is essential for investors to be well-prepared and make informed decisions. Employing various strategies such as diversification and asset allocation, emphasizing growth stocks and sectors, considering value investing, and implementing dollar-cost averaging can significantly enhance one's ability to navigate the market effectively. Nevertheless, it is crucial to remain cautious of potential risks, including overconfidence, market bubbles, and the influence of interest rates and inflation. To maximize gains during the bull market while minimizing potential risks, it is vital to maintain discipline, adopt a long-term perspective, regularly rebalance portfolios, and seek professional advice. It is important to note that individual circumstances vary, thus investment strategies should be tailored to align with personal financial goals and risk tolerance.
Education
by FOREXN1
14
The Struggle of Consistency: Navigating DCA in Crypto InvestingHello dear @TradingView community! Today let’s focus on what is Dollar Cost Averaging ? Determining the optimal moment to buy cryptocurrency is often a challenging task due to the high volatility of crypto assets. Prices can fluctuate unpredictably at any given time, leading traders to experience the fear of missing out (FOMO). This fear is commonly felt when the price of a cryptocurrency, such as Bitcoin (BTC), suddenly surges or plunges. During price drops, individuals tend to panic and sell their holdings in a frantic attempt to avoid further losses. Conversely, when prices rise, panic ensues as people worry they don't possess enough coins to sell. As evident, making decisions to buy or sell cryptocurrencies is no easy feat. However, if you seek long-term financial gains from cryptocurrencies without succumbing to the anxiety caused by every price spike, it would be wise to consider the Dollar Cost Averaging (DCA) strategy. Let's delve deeper into what DCA entails and how it functions in the realm of cryptocurrencies. What is Dollar Cost Averaging? Dollar cost averaging is an investment strategy where fixed amounts are regularly invested at consistent intervals, in contrast to a one-time lump sum investment. This approach involves executing transactions regardless of the asset's current price or market fluctuations. It is highly favored by investors and management funds seeking long-term profits from various assets like ETFs, commodities, cryptocurrencies, stocks, and more. How does DCA work? To employ the DCA strategy, you first determine the amount of cryptocurrency you wish to invest. In conventional investing, one would typically invest the entire designated sum in a specific asset. However, with DCA, you invest fixed amounts of USD into Bitcoin or any other asset over a designated period. For instance, you may choose to purchase $100 worth of BTC every month for a 10 year period. When utilizing DCA, the selection of the cryptocurrency becomes crucial. With around 22,904 cryptocurrencies available today, you must pick a coin you believe will appreciate in value and yield profitable returns. You can even choose an ETF which follows the trend (up or down) for any specific asset or basket of assets. To comprehend how DCA operates, consider the following example: Let's assume it is June of 2014, and Katie decides to allocate $10,000 in BTC. In June of 2014, the price of Bitcoin stood at approximately $560 per coin. Instead of investing the entire sum at once, Katie opts for dollar cost averaging throughout the 9 years. From June 2014 to May 2022, Katie spent $100 each month on BTC, disregarding market price fluctuations. After 8 years, she spends almost $9,600 and her earnings reflect the following: The green line in the chart represents Katie’s total investment amount, while the orange line depicts the fluctuation of portfolio size value over the 9-year period. When Katie initiated his investments, both the cost of BTC and his investments were approximately $100. However, as time progressed, the price of Bitcoin underwent changes. By May of 2022, Katie's $9,600 investment had grown to $287,518 worth of BTC, showcasing a growth rate of 2,895%. With maximum gain of $631,540 at bitcoin ATH. Online DCA tools are also available to estimate the earnings from purchasing bitcoins over several months. For example, platforms like dcaBTC enable users to customize their DCA strategy according to their preferences, specifying the amount to purchase, investment frequency, and duration. To successfully implement dollar-cost averaging (DCA) in Bitcoin investing, several key steps need to be followed. These steps involve setting a budget, choosing a reputable cryptocurrency exchange, establishing recurring purchases or utilizing recurring purchases and automated investment platforms (such as Binance, Coinbase, Kraken, Crypto.com or even at Vestinda), and monitoring and adjusting the strategy as necessary. Pros and Cons of Dollar Cost Averaging Let's commence with the pros of dollar cost averaging. By making regular and consistent purchases over time, you mitigate the risk associated with poorly timed lump sum investments. Additionally, since you make regular purchases, you alleviate the fear of missing out and impulsive decision-making prompted by price fluctuations. Cryptocurrency exchanges and platforms charge transaction fees for every trade. While one might assume that DCA would result in higher commission fees, it is essential to remember that this is a long-term strategy. The commission costs are negligible compared to the potential profits that can be realized over several years. Moreover, DCA does not necessitate substantial investments. This strategy involves smaller and consistent purchases, eliminating the need to determine how best to deploy a large sum in one go. Furthermore, if prices suddenly drop at the time of purchase, you can acquire the cryptocurrency at a lower price. However, it is important to note that if the cryptocurrency's price is bullish, you may end up buying at a higher price. This is particularly relevant when dealing with BTC or any chosen cryptocurrency. Many crypto enthusiasts and investors prefer to purchase a significant amount at once, fearing a subsequent price surge in the hours, days, weeks, or months to come. As previously mentioned, with the DCA strategy, you purchase small amounts at regular intervals, regardless of market stability. Should you utilize the DCA Strategy? DCA facilitates maximizing profits with relatively low risk. Although this approach is not devoid of drawbacks, it offers numerous advantages that can be leveraged to your benefit. Hence, is DCA worth your time and money? As always, we recommend thoroughly studying all available information before making any decisions. Save this article to your browser bookmarks for easy reference in the future. Happy trading!
Editors' picks
Education
by Vestinda
11
Bitcoin weekly chart analysis with possible bottom anticipationHello all, As demonstrated in the chart i believe the bottom is yet to come and best support would be 6500-7700 demand zone. But this might take a year or so. I believe from now on the best possible strategy to gain and catch the next Bitcoin bull cycle is DCA ( Dollar Cost Average ). I am recommending DCA because "buying the dip" is a relative term and no one can foresee a certain dip, so lets manage the risk accordingly and split up our buying orders on BTCUSDT in several chunks to get an average on the dipped price !
by Shamshiri_Investments
1
ADA/USDTADA for me, is looking good for long term accumulation. I like the team, and descentralization behind the project. Also the developers are working hard if you analyze the github repo(see on coingecko). Bear markets are a good time to DCA. At the moment of writing, 0.886 Fib.retracement looks good for DCA. It is a very nice correction and risk/reward for long term is looking good for me. 0.15-0.18 is looking good for next support level. Strategy is simple for long term. If the price is going down = acummulation. If it's going up, waiting with patience and looking for taking profits !!! These are not financial advices. It's my perspective based on my knowledge at this point of time.
by cryptoforevery1
BTC/USDWhy is this a buyer's market? 1. Moving averages in the past were bought (200MA, 300MA) 2. Everyone is looking at 200MA. This can break down also. 3. Great support at 13-16k if capitulation is not over at 24k levels. -------------------------------------------------------------------------------- Next will analyze RSI to spot rare occasions to DCA Bitcoin. This analysis is for long-term investors not for traders. -------------------------------------------------------------------------------- Have a plan and respect it until making profits. Emotions always will fool human beings. Mindset + Patience = Succes --------------------------------------------------------------------------------
INDEX:BTCUSDShort
by cryptoforevery1
OPPROTUNITY - BE AHEAD OF THE CROWD - LONG - ADA /BUSD -CARDANORed line is the lowest potentially reachable price. The orange range lines are the probable sector where the price needs to get out from, to either increase of fall. There are some symmetrics vertically. The price have failed to recover and stay in the orange range. The blue down trending line has been very regular but we can notice that the price have succeeded in passing through it. The horizon is more positive but there is a danger zone close to the lowest $0.12 area. What to watch? Check at this orange range, investors will probably wanting to see the price recovering in that range before entering massively. Isn't it the great moment to dollar cost average and be ahead of the crowd ?
ALong
by Diallo_Charts_Ideas
BTC/USDTThe markets are not going only down or only up. Everything is going to grow in waves so that is crypto market. If you have a good plan and DCA for long term every time the market is going 50% down then sounds like a good plan. Bear markets can be scary but only those who are hodling long term will have the chance to know what abundance is. Now we are entering a zone that can be a great buy opportunity for the years that will come. Invest only money that you afford to lose and pick only projects in what you believe.
INDEX:BTCUSDLong
by cryptoforevery1
CRYPTO.COM A POTENTIAL GAME CHANGER!Festive Greetings to all. Today we consider the trading pair CRO/USD To start off, we will first look at the fundamental side of things. FUNDAMENTAL ANALYSIS, Crypto.com(CRO) is the next generation decentralized mobile payment protocol, the most efficient and secure way to pay and be paid in crypto, anywhere, any crypto, without fees. Crypto.com Chain will deliver on its vision by developing innovative technology components and processes (inc. scalable encryption algorithm to protect users’ privacy, utilizing trusted execution environments, sustainable price stability mechanisms, user protection via PoGSD) catered specifically to cryptocurrency payment, while leveraging proven blockchain technology structural design elements. Use cases included, but not limited to; Offer some bank-like services - e.g., their Fiat wallet, CeFi/DeFi earn products and their unique Supercharger. Allow you to send payments between CDC Visa card holders. Have special cashback offers if you send crypto to other CDC users or buy their in-app gift cards. Let you top up your phone with crypto. And of course, promote mass crypto adoption with their smart initiatives. In addition, CRO has a chain(CRONOS tho intertwined with the COSMOS chain) that has launched already and CRO is used to pay the gas fees (just like ether is used to pay gas fees on it's blockchain). Whilst the protocol launched it's testnet in July earlier this year, facilitating more than 1.5million transactions already as at early november, CRONOS has announced the launch of it's mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems. The release will enable developers to port decentralized applications and smart contracts from Ethereum and EMV-compatible chains to the Cronos network at a low cost and fast speed due to its Inter-Blockchain Communications (IBC) protocol integration. This will offer accessibility to Crypto.com’s 10-million-strong customer base. Since its launch, the Cronos ecosystem has attracted over 20 validators, including Bison Trails, a number of prominent decentralized oracles, including Chainlink and Band Protocol, wallets MetaMask and Crypto.com, as well as partnerships with decentralized finance, nonfungible token and gaming platforms and projects. Whilst having such solid fundamentals, It is still yet to be listed on the biggest exchange by volume which is BINANCE, along with other giants like KRAKEN, BITSTAMP, & BYBIT as well. TECHNICAL ANALYSIS; Respecting the Ascending Trendline still, a 5-way impulse move(GREEN)->(it seems) started late 2019 is currently in it's 4th (correction) wave. RSI also far from it's ascending trendline, a return to it's trendline along with Price action doing like wise will be great confirmation. QQE indicator suggests the first scenario will play out, signalling a short position. (Great indicator btw by @lmatl, his scripts have helped me a lot) Red(0.79) is for stop loss Blue(0.41) is the 1st target Green(0.22) is the 2nd target. Best area to open a long is at the trendline. If you agree with this idea, pls leave a like as well as your thoughts in the comments section. Feedback is appreciated as always.
BITTREX:CROUSD
by RektMyMom
2
🚩How to identify the bottom and BUY the crypto in time? 3 tips!🌟How to BUY crypto in time and with the possible highest RETURN? The correct answer is during the capitulations. 🎯Capitulation is when even patient and experienced traders start to panic, but this is the opportunity time (Jan 2015, Nov 2018, Mar 2020, May 2021). 🔶How to buy crypto during the capitulations? Use the dollar cost average (DCA) strategy. This strategy allows you to buy crypto by parts without risking all of your capital. 🔶How to use DCA strategy? This strategy helps to average the BUY price. You can only sell at the top and buy at the bottom by accident. In real life, this strategy helps to average the buy price of a crypto. For example, back in 2019, you bought Bitcoin 3 times at $3,000, $4,000, and $5,000. The average purchase price in this case is $4,000. If the price go lower, you would average the price, if it rose, you already bought at a good price. Also, you can BUY at the weekly candle close during the capitulions. It is important to use the equal parts of the capital to buy (1/10, 1/20 etc.). Another simple example is shown on the chart😉 🔶How you can identify a capitulation? 1. Look at the volumes and record liquidations as shown on the chart. The liquidation of 50-100k Bitcoins is the best indicator. 2. Look at the percentage of drop from the highs. Historically, a price drop by 65-80% has been the bottom of the market. 3. Use the indicators that show the bottom of the market. Read this idea about the 🔋Greenwich indicator. It shows both the top and bottom of the market. So when BUY signals (green diamonds) appear, you can use this indicator to buy crypto by parts. 🔶Why does the DCA strategy work? Bitcoin, like U.S. stock markets, is in a long-term Uptrend. After buying Bitcoin in 2017 at its ATH ($18-19k), investors are now still at +100% profit. And as long as this trend is not broken this strategy will work. For example, the U.S. stock market has been in uptrend for over 80-90 years. 💻Please write in the comments if you still have questions about the DCA strategy or how else you can identify the bottom. What methods do you use for that? 🎇 Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
BITSTAMP:BTCUSDEducation
by Yuriy_Bishko
33
200 SMA average break below DCA strategy for ATOM This is a strategy that I have been using to help me have a better idea on where flooring action may take place on the charts. I also use it to help me get a better idea on where I should start dollar cost averaging into assets that I want to accumulate and hold more of in my long term holding portfolio. *Please note that you can use any EMA or SMA but, the higher the timeframe the better as this will give you a more realistic target area. Please remember that I say "area" as no one can say where the absolute top or bottom will be. I will show you a mathematical average in this idea which means it may fall short or it could cut through a bit... this is just an average. Using the 200SMA as a reference point, I have manually measured moves below it once the 200SMA does not continue to hold up as support. I only measured price action that stayed below the SMA for more than 20 days as we did not want to consider every move in our strategy and only wanted to weigh price action significant enough to possibly reflect what could come in the future during a bear or crab market scenario. Also, please note that the start of the measurement is from when price action breaks down from the 200SMA to the absolute bottom. Combine the past price action moves below the 200SMA and you will find the average shown in the chart. Please remember that I use this average outcome to start a dollar cost average strategy. This is not a post to tell you where the bottom of price action maybe. Personally I dollar cost average in moves of four. That means I am prepared to buy at four different areas on the chart and each time that I do, I reinforce my initial buy order by scaling up my later orders. For example: 1st buy - 10% 2nd buy - 20% * This is at our average measured move that we calculated 3rd buy - 35% 4th buy - All remaining capital reserved to invest in this asset is deployed at this last buy zone * please remember to never over extend yourself and never invest with money you can not afford to lose or sit on for a while.
COINBASE:ATOMUSD
by Block10
Over all look of GALAUSDT, Short medium and long term. Hi everyone! Daily/Monthly GALAUSDT Gala is is not out of the woods yet, Just like the entire crypto market it has suffered the pressure form the fall of BTC, saying this the future is bright for Gala just as many other gaming tokens I can see it taking a big chunk of the crypto gaming market in the future due to their fundamentals and features also not to mention the solid team behind . Currently trading $0.19 If failing to hold above $0.15 we can see it going back down to the strong support of $0.1. (Buy zone) If we manage to accumulate at current support would be great so we could retest $0.33 in the near future. Stochastic RSI currently in over sold area, I would Dollar-cost average (DCA) long positions in case it falls, all this due to the movement of BTC if it moves down to $29k. ALWAYS look for extra confirmation before making any trade. If you like mi idea, pls feel free to like-share-follow. Happy trading people (No financial advice) DISCLAIMER The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research DYOR. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
by CryptoTraderRetired
Welcome to the Upside Down-=BTC/USDT Weekly Chart=- ========================== Greetings fellow investors and crypto enthusiasts, This is my personal BTC chart, only it's upside down. Why? Well imagine for a second that this formation was on a Bullish chart with green filled in weekly candles closing higher and higher.... What kinds of patterns would be drawn on this chart? How many Elliot Wave counts would be all over it? To help see a different perspective, I decided on thinking on this for a while. I realized that in the past I have underestimated how far a bear rally can go, and when the charts are bullish, many individuals will give ridiculous price targets, completely overestimating how far things already have run... Point is, we are slow to react to things because we are humans and not a machine. We also have emotions, but in order to manage those emotions, it's best to come up with a trading plan and stick to it. ========================== -=Tech Analysis=- Orange = EMA 21 Green = SMA 50 Yellow = SMA 100 Trend lines and curves represent ideas of predictions towards resistances and supports. They are also there to display an ongoing record of these things. With that in mind... 1) Clear bear rally, every single green candle has not held more than a single week. 2) There is breaking of upwards momentum and if the 100MA is breached, the chance of a long squeeze increases. 3) Currently price action is at previous resistance area. If the bears cannot rally this beyond the 100MA, I believe support will be found and the bulls have a great chance of reversing the downtrend. However, before it can happen, I caution patience. And above all else, create a trading plan, stick to it. The most important thing to manage? Position size and risk. And if you are entering the markets, consider Dollar Cost Averaging. Ofcourse these are all just ideas, any risk that you choose to incur is your responsibility. None of this is financial advice and purely for education purposes. May BTC reach the moon,
by gendark2