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xiyu
Crypto Newbie
2h ago
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After accumulating a certain amount of Bitcoin, you should start dollar-cost averaging (DCA). I know this sounds contradictory to many Bitcoin hoarders. What's the purpose of hoarding? Ultimately, isn't it for a better life? If you only buy and never sell, your quality of life won't improve, and your mindset will become increasingly tense. You'll feel anxious when the market drops because all your money is locked up. The benefits of DCA are: maintaining a suitable cash flow, a steady improvement in your quality of life, and a much better mindset. Because you know that no matter how the market moves, your life won't be bad. A more advanced approach is to use the reverse of DCA logic—sell more at high prices and less or nothing at low prices. Use sentiment indicators and price ranges as a strategy switch. Would you consider DCA? Or do you feel you shouldn't sell any?
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Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
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