Latest on ATNET:

#crypto-opsec #crypto-fundamentals
#crypto-trading-strategy #crypto-tools
NEW STRATEGY   Nft trading  · 09/04/21
Crypto Trading Strategy - 5 Weeks of Onboarding Reads: Subscribe and select "All Posts" or "Strategy & Security" as your preference.
Altcoin Trading Blog
What do crypto traders call DCA and how to do it?

Key Points

  1. What it is: jargon
  2. Tools that do it: #independent-reserve 
Trezor T crypto wallet 1000 coins

The DCA meaning in crypto trading or investing is dollar cost averaging.

What is the goal of DCA?

DCA is a technique to increase your exposure through regular purchases of an asset, regardless of its momentary price.

If you dollar cost average into an asset, you are essentially building an ultra long-term, unleveraged (spot) long position in that asset.

How do you dollar-cost average in crypto markets?

In regular intervals, you spend a fixed amount of your fiat currency to buy as much of the asset of your choice as that amount is good for.

For instance, you can decide that every month, on the day of receiving your pay check, you buy 500 USD worth of Bitcoin.

Best Tools for Dollar Cost Averaging

  • Trading Platform: Independent Reserve - Aussie exchange with AutoSchedule feature
  • Technical Analysis: None at all!
  • Charting App: None at all!

Want to *really* learn crypto charting & technical analysis?

Hate to break it to you, but there's no trading school, no neatly structured course and no simple how to.
Read our articles to get familiar with the tools, but try everything hands on. Trading will press your emotions, you can only really learn it as you go.

All the good crypto charting tools and platforms are accessible for FREE in either TradingView app or at Bitfinex. Just start!

Get TradingView Signup at Bitfinex

 

Technical Analysis in Cryptocurrency Trading - Technical indicators work. Sometimes. Should you use technical analysis for crypto?
Cryptocurrency Strategy for Beginners - Intro to crypto strategy for beginners. Lo and behold, there is a strategy even to hodling.
Buying Crypto Non-KYC: Where to do it with minimal risk? - There are risks to buying or trading crypto without KYC. Where are the safest platforms to buy crypto without KYC on?
NFT Trading Strategy for those who DGAF about NFTs - Strategies and a long roundabout on the NFT art industry from the point of view of a marketer, a consultant and an artist.
Market Timing in Crypto - Timing the market has a bad rap. But there are strategic approaches to it, even on crypto markets.
Complete Crypto DCA Strategy: Why, How, Where - Did you know by how much can DCA beat HODL?