My trading method on spot market with this year

[Phoenixtrader]

I have not seen anyone try DCA with altcoins, and I do not know whether it was a successful strategy or not.
1000 dollars is a good amount for a beginner. If you could do DCA with Bitcoin, it would be better. Stellar has not reacted well in the past years, so what is the reason for you to invest in it?

I use the DCa method for alts. But to effect this, you need to have basic TA knowledge so you'll know the support zones etc.

[Questat]

I allocate 35% for this and i choose 3 decent altcoins.
Sol,xlm,eth.
Then i wait crash days and i divide my 35% of my budget 1000$ for this  so 350$ i'll distribute equally with 3 coins.
And then i'll keep doing DCA buying every day 10$-20$ for each coin.
When one of them might go up too much i'll sell off course to take out profit If they all go up too much i'll sell off course to take profit and continue the process i'll wait dip If no dip coming i take my total amount again wich might be little over 1000$ after selling with profit on second time and put exacly 35% in 3 coins again and rest of the funds i have enough cash reservers either USDT or USDC to keep doing DCA buying.
Off course If i keep buying DCA and i run out of cash reserves then i just sell one of the coins fully of all 3 and i'll allocate this funds for buying the next 2 coins with DCA until I see the market goes up and i sell with profit.
By the time by doing this and when bull market start i'll be in profit after one year 5x-10x possible.

I think it's bulletproof way to making gains over the few months.

Well, it is good for you but I don't buy such a strategy as I have my own choice of coins to trade.
But whatever the strategy we use, as long as it gives us a favor and earns more than the amount we lose, that is good. In fact, our target is to earn and whatever we do doesn't matter.

Trading strategies will also vary on the market situation and coin behavior. Adaptability toward the abrupt change of its course is somewhat necessary. That is why I don't follow other methods of trading, I discover my own style.

[wiss19]

Yeah, you could turn a trade into a DCA as well. Lets say that you bought something and you want to sell it as quickly as possible when it goes up, however the price suddenly went low instead of going up, that means that you are not going to end up with anything better, because it would be a loss if you sell. In this situation some people just end up buying more, to make sure that it goes well.

Assume you use DCA for Bitcoin, I agree that DCA is good for your portfolio with a big condition that you DCA with your money, not from any loan or don't use any leverages. DCA only with Spot market and your own money, then a next big step is withdraw your coin and store it in your non custodial wallet.

Don't store it on exchanges because you use exchanges to DCA in. They can freeze your accounts, their exchanges can bankrupt and many risks you can not control. Be your own bank with non custodial wallet.

DCA is not all-in, so why not? But even if its all-in, we still can pay the loan that we take before their due, as long as we are willing to do so. It can be a tactic, same to those business owners outside who also borrow money and use it to widen/expand their business.

If we are only an investor, it is safe to use non-custodial wallets most of the times but traders may need to store a permanent fund inside an exchanger because this is where they can trade continuously. Not all alts are bad, and I already saw a lot of people who does a DCA with them. We must only monitor our assets or portfolio from time to time so that we can act quickly once we see an anomaly on them.