Right, DCA helps to reduce the trauma of FOMO. with DCA method an investor can accumulate at any given market price either during the downtrends or uptrends we can easily accumulate without not feeling rough about the market price.
DCA strategy helps in accumulation of pair when we have the long term mindset of holding such pair. It can help in consistent accumulation of the pair without not waiting for the market price to go for dips or certain price, we buy at anytime and keep on with the accumulation for future purposes and such strategy is a very smart one when it comes to bitcoin accumulation and it doesnt need any high amount of money we can start we the little we have and keep the constant accumulation in flow.
Big Dirams, the only time you think about pair is when you want to trade and I dont think we are talking about trading here, you dont accumulate pair, rather we accumulate digital assets like bitcoin with the DCA strategy.
You talking about pair, got me thinking
. Do you think any pair can be compared to Bitcoin, this is what you have to understand about holding a pair.
When you hold a pair, your profit depends totally on how the two assets perform relatively to each other, not just versus one of the pair, for Instance
.. you hold ETH/BTC because you think Ethereum is gonna outperform BTC, if BTC pumps 100% and ETH pumps 50%, your position still loses value in regards to BTC, even though both appreciated in price. So holding of pair is only done by traders and not investors.