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1  Economy / Trading Discussion / Why DCA Strategy on: October 15, 2022, 07:48:02 PM
Dollar-Cost Averaging (DCA) is an investment strategy that is considered by many as a good and simple strategy, and widely in use by investors. It entails investing a given amount of money in a particular security for a given period of time regardless of price. Why most investors consider this strategy is a thing of curiosity.

You may want to know, it helps you develop self discipline (esp as a newbie) while considering the market and your tolerance to risk. Emotion can play a substantial trick in disadvantaging investment decisions. DCA can counter this impact.

Another good thing is that it lessens the impact of volatility as the total investment sum is spread over multiple purchases of the security.  This strategy can be very effective if employed during bearish market.

Lastly, the strategy can be applied in any crypto investment, bonds, stocks or any commodities. It's a fine choice! However, you can always stick to what is best for you as an individual.


2  Economy / Trading Discussion / DONT GIVE ME FISH on: October 03, 2022, 02:39:14 PM
A man who needs an assistance about wealth, once and never again, will initially turn down an offer of wealth, and insist on learning how to make it (wealth).

I am curious about higher returns on trade. I have heard about leverage and actually checked on YouTube for better explanation. I want to know how it works! I believe better explanation will be from those who have actually used it in their trade. Please!
3  Other / Beginners & Help / How is Merit Gotten? on: August 17, 2022, 08:58:15 AM
I need some orientation on how Participants get merit.

If it is shared, how is that done too?

Please let's help each other out.
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