Boring Market? DCA is the key for Investment

If you can't time properly when is the best time to buy (when is the rock bottom to buy or it's an introduction to an even more dip), uncertainty always comes in the crypto space and honestly, it's more of a game from the whales. They will test your emotions, and patience, and try to force you to sell your assets. Once they reach the target amount of tokens held, they can now start selling news and pumping the coin. At the end of the day, they will profit.

That's why Dollar-Cost-Averaging is the key to investment. Setting a fixed amount of $$$ say every week or month will help you control your emotions. The goal is to accumulate tokens as much as possible even though the price is still uncertain. DCA has been proven as one of the most useful strategies in long-term investment.

Hit me back on this post if you'll see me selling my Hive this year. This is a long-time promise, that I will be willing to hold the tokens I earn this year. The next year might be uncertain, but if it's still appealing for Hive for the long-term investment, I'd see no reason of selling. In the first place, my target/aim is always a $1/full vote. I know it will take a lot of time, but I'd be happy to see my vote value increase over time.

As for investing more into Hive, I've invested already in terms of my post-earnings, GLX rewards from staking, and the curation rewards I earn. I will add more into my bag once Hive reaches $0.25, that's my target to buy more.

What do you think guys? What coin are you doing DCA? How influential will it be in the future?

Posted Using LeoFinance Alpha