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terça-feira, 19 de março de 2024

Hi Carlos

If you have been considering investing in the crypto market, now is the best time to get started. Since the bull market is on and waiting for a big correction, you can use the DCA strategy to accumulate the coin of your choice.

DCA (Dollar-cost averaging) is an investment strategy that adds discipline to your journey as an investor. In my 8 years of investing journey, DCA strategy has helped me the most to stay sane, ride out market downturns, and reduce risks. Especially if you find yourself FOMO-ing frequently or buying crypto at the top, DCA is one strategy that you should follow.

Here is a simple example of DCA:

Suppose you wish to buy Solana for $ 10,000. Instead of investing $10000 to buy SOL at once, you buy worth $500 every day at 10 A.M. for the next 20 days. Irrespective of the price of Solana, you execute this strategy of buying every day at a defined time.

Since the idea here is to accumulate for the long term, instead of giving into FOMO, you added discipline to your accumulation.

How to execute DCA?

The best way to execute DCA is by using a DCA bot. These days, a few exchanges like Phemex and Bybit offer DCA bot strategy.

Read this guide to learn everything about these DCA bots.

As always, if you have a question about the DCA strategy, please reply to this email.

Carlos I will see you in the next email.

Regards

Mr. Creatonics of CoinSutra

Note: The content of this email is for educational and informational purposes only. Do not consider this investment advice. Kindly do your research before investing.

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Donations

BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe

ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070

LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ

DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR

ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p