Most people are not good traders. Trading is very, very hard. And so is investing,but trading is a lot harder.Not only do you need to know technical analysis,but fundamental analysis,have a trading investing journal,but there's a lot of emotions involved,And have no fear,It's hard,it's emotionally taxing.I'm gonna explain  you how to make money in a very safe manner.

So the strategy we're gonna explain about is dollar cost averaging, DCA. And this is a strategy that works very well for a lot of people.If you plan to do this with meme coins,you're probably gonna get wrecked because most are gonna go to zero.if you plan to do this with altcoins,you're probably gonna get wrecked because there can be a lot of different issues that happen.

And I personally believe dollar cost averaging in Bitcoin or Ethereum or even stocks or different types of traditional investments is the way to go for most people.I still think it's also very important to learn the basics of technical analysis.What is support and resistance?What is volume?

Let's explain a little bit about dollar cost averaging and how it works.So you all remember El Salvador,right? The president of El Salvador signed a law that made Bitcoin legal tender.So everybody loves Bitcoin in El Salvador.But they recently got a lot of.lack previously for buying Bitcoin,especially kind of at the top.But now they've kind of changed their strategy.

They're working on acquiring one Bitcoin daily by dollar cost averaging.They are up on their investment approximately eight hundred million dollars.And best believe when the bull market comes,they're going to be doing very well.

So how do you dollar cost average?What are the basics?Anytime you invest in something, you need to be using disposable income. You don't use your food money,your mortgage money,your rent,your bill money,that type of stuff. And you research heavily the particular asset that you want to start putting this disposable income in,and then you start dollar cost averaging.So how do you dollar cost average into Bitcoin?

You go to an exchange that you've read their terms of services,and you can start automatically buying Bitcoin,The only downside of dollar cost averaging is that you don't get to dictate to the market at what price you buy that particular asset.The market dictates to you.But a lot of people like to do it for convenience.And a lot of people are doing this strategy long term.And it could end up paying out long term if you know how to do it.

Again, it is safer to do so with an asset like Bitcoin or Ethereum. Bye