Earn money even when Bitcoin is falling, it’s possible (and here’s how)!

Periodic investment is known as Dollar-cost averaging (DCA) or dollar cost average. This has several advantages, and the most important in my opinion is the reduced stress related to falling markets. Without stress, you stay objective and make the right decisions.

Avoid active trading

Traders who allow themselves to be influenced by their emotions such as the fear of missing an opportunity or seeing the value of their portfolio decrease are more likely to make mistakes when trading cryptocurrencies.

The DCA method is a systematic trading approach that largely alleviates the anxiety associated with investing in a volatile asset like Bitcoin.

This is the best technique for implementing a long-term investment plan, regardless of the market. Bitcoin is no exception.

Most individuals would make more money if they bought a bit of crypto at regular intervals (daily, weekly, or monthly) than if they tried to time every day to hunt for the best entries.

Using the DCA method for Bitcoin achieves three goals.

• 1) Obtain the best average price
• 2) Save time
• 3) Reduce the stress related to the fall of the market

The “fair” average purchase price

According to Fool.com, an investor would have spent $14,610 if she had bought $10 of Bitcoins every day for the past four years (or $300 per month). And his investment is currently worth around $61,000!

Someone might have profited more if they had bought the March 2020 drop or the April 2021 drop. But it is difficult to predict the end of dips for Bitcoin. The tweet below illustrates it well :).

It does not matter, the plan does not change. 😎 #dca#btc #bitcoin #Cryptocrash pic.twitter.com/BmxhEAe6VM

— 🇫🇷crypto_allo🇫🇷 (@crypto_allo) June 13, 2022

Few traders have the insight to anticipate trend reversals.

By using the method of periodic purchases with a fixed amount, you swing the statistics to your advantage and surf the long-term trend of Bitcoin.