😎 How to Use Dollar-Cost Averaging (DCA) for Crypto Trading? Follow Candlestick Smart Money

By Candlestick | Candlestick | 1 Sep 2022


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Follow Candlestick Smart Money DCA Trading

 

Quicktake:

  • Dollar-cost averaging can reduce the impact of crypto price volatility and lower the average cost.
  • Smart Money uses DCA to buy tokens at lower prices.
  • Follow Smart Money to apply your DCA strategy to raise gains.

 

What is DCA (Dollar-Cost Averaging)?

DCA is a crypto investing strategy in which an investor buys the same or smaller amounts of crypto over time. Likewise, you can also use DCA when selling your holdings.

 

How does Smart Money Apply DCA?

Smart Money traders usually spread their investments over multiple purchases, typically a few hundred or thousands of dollars per time, according to our observation.

 

BAL is one of the top gainers on Sep 1st, +12.18%.

Smart Money 2e4b started to invest in BAL on Aug 16 (we alerted the bullish signal on Aug 16).

Although the price dropped to $5.6 on Aug 28, this Smart Money 2e4b used DCA to invest to lower the average purchase cost. 

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LSVR is another example. This trader has now invested $7,380 worth of LSVR tokens spreading into nine transactions, and the average cost is about $0.0037963 per coin.

screenshot_candlestick-2022-08-31T131634

If this Smart Money invested all funds at the start on Aug 26, the cost would be $0.004599 per token. The DCA strategy resulted in a 17% cost savings in this investment case.

The Net Buy Amount indicator helps you see the distribution of Smart Net buy better.

screenshot_candlestick-2022-08-31T132939

 

Find The Target Tokens, Apply DCA by Following Candlestick Smart Money

The first step is to find the target tokens – the hidden GEMs that Smart Money is doing DCA.

👉 Four token ranking lists leaks out these target tokens

After finding the target tokens, the next step is to follow the Smart Money to DCA.

👉 How? Check the Steps

 

We received a lot of compliments today!

Thank you all for the kind words. It is so warm. It means a lot to our years of efforts in research & BUIDL. 👉Your Crypto Opportunity Radar

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Candlestick
Candlestick

Crypto Trading Signals & Analytics for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 20+ Smart Money Charting, 99% of Trades & Liquidity Activities.


Candlestick
Candlestick

Crypto Trading Signals & Predictions for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 40+ Smart Money Charts, 99% of Trades & Liquidity Activities.

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