Yuriy_Bishko

BEST SPOT STRATEGY: DCA VS ADVANCED DCAđŸ”„

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi friends! I want to explain you the most famous trading strategy and compare it to the my advanced method. I think it will be useful for you.

DCA (dollar cost avaraging) is the simplest and best known strategy that is used by:
1ïžâƒŁ long-term traders
2ïžâƒŁ investors
3ïžâƒŁ crypto enthusiasts to buy Bitcoin on the spot

📊The basic DCA is to buy an asset in equal parts over the same period of time. Since most of my subscribers are interested in cryptocurrencies, this example will be based on crypto.

This strategy helps you to be in the market and not to miss out on growth opportunities, to have not the best but not the worst price to buy. This starting strategy works very well on cryptocurrency, because the market is constantly growing and no matter where you buy, in 1-2 years you will still be in profit. Especially, every month, you are increasing the purchase price.

📊 But of course we should make it better to get more profit.

The key thing about DCAs is:
1ïžâƒŁ buy through the same period (once a week, once a month, etc.)
2ïžâƒŁ buy in equal fractions each time ($10, $100, $1000, etc.)


đŸš© Let's compare standard DCA and advanced DCA.

📊 Standard DCA
In the picture below you can see the results of buying Bitcoin using the standard DCA. At the beginning of each month since December 2018, you started buying Bitcoin at $100.

✅ Results of DCA by September 2022:
1ïžâƒŁ $4600 invested in Bitcoin
2ïžâƒŁ $16200 (+$11600) earned in total
3ïžâƒŁ 252% profit


The advantage of DCA is that you don't need a strategy at all. Just a $100 purchase every month. This strategy can be applied to markets: cryptocurrencies, stocks, futures. The main thing is to choose those assets that grow over the long term: Bitcoin, blue chips, indexes.

📊 Advanced DCA
The standard DCA strategy allows you to have an average buy price, but I will tell you a more advanced method used by large investors. They use DCA, but only at the "bottom" of the market. The bottom of the market can be determined by evaluating the fundamental or technical picture of any asset.

đŸš© I give you 1 small tip. Accumulate crypto with DCA when Bitcoin is down by 70-80% from it`s ATH.

Bitcoin cycles are set up so that if Bitcoin falls 70-80%, you are usually buying the bottom of the market:
1. Bitcoin was 2018 at its bottom. In 8-9 weeks at the bottom you could buy Bitcoin at $300-350 each week. Who would refuse to buy an item at 80% off? So you bought $3000 worth of Bitcoin at an average price of $3800 per Bitcoin (0.79 BTC).
2. During the COVID-crisis in 2020 you had a few more weeks to buy. Let's imagine you buy fot another $1600 at an average price of $5500 per Bitcoin (0.29BTC).

✅ Advanced DCA results:
1ïžâƒŁ invested $4600 in Bitcoin
2ïžâƒŁ received only $21,618 (+$17,018)
3ïžâƒŁ 369% profit


The advantages of advanced DCA are that you only need to buy a few times every 2 years. Requires minimal time investment and gives you a 117% higher return.
You can use accumulated money to buy Bitcoin if you didn't buy using the standard DCA.

📊 Greenwhich
If you want to buy crypto not 1 or 2 times a year, but additionally earn on rising market, sell close to the highs and use the earned money to buy Bitcoin again at the bottom, then take a look at our Greenwhich trading strategy.

If you were to use this indicator from 2019, like the DCA strategy, you could get not 200% or 300%, but 101x to the end of the bull market in 2021.

📊 Summary
Friends, as you can see, using an advanced DCA is much more profitable than using a standard DCA. Also, you can make yourself additional trading filters (MAs, indicators etc.) to earn more.

đŸš© What kind of strategies do you use to buy crypto? Are you buying Bitcoin now or wait the better times to make it? Write in the comments!

đŸ’»Friends, press the "boost"🚀 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.

Get access to the private club with VIP signals 👉 bit.ly/Biko_ViP

đŸ”·Telegram 👉 t.me/+ICrmLIneDmRiYjIy

đŸ”·YouTube 👉 bit.ly/YouTube_Lessons
FrÄnsÀgelse av ansvar

Informationen och publikationerna Àr inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av rÄd eller rekommendationer som tillhandahÄlls eller stöds av TradingView. LÀs mer i AnvÀndarvillkoren.