I understand that as.exchange is trying very hard to bring as many people as they can to their website and one of the best ways to do that is create a discussion topic and talk about that topic as much as you can, replying to everyone as frequently as you can and use that to promote their website. This is MUCH MUCH better than those shills that start a topic leave a link and leave, those are idiots, if anyone ever wants to do marketing that would be basically considered guerrilla marketing by all accounts, they should take as.exchange as example.
However it doesn't change the fact that people do have good ideas here, specially the DCA version because that usually is something that works. I would say try to reply a bit more kindly as well instead of trying to create a bigger discussion.
Thank you very much for your kind comment! We really appreciate that. However, self-promotion is not the only point of current discussions, but rather we really do aim to find out how users in general manage their risks, succeed in the market, what they wish to have available, etc. Because whatever you personally, and anyone from our users wish to have, but doesn't have - we will make sure you will have that available on
as.exchange.
And speaking for DCA, yes, as I noted, it is definitely helpful overall, however it won't make a person having great returns overall, nor it will save trader from significant or prolonged price declines. For example if you enter @ 18k, 19k, 20k, 21k, 22k, and then price declines to 4k, 4.5k, etc. The returns can be super negative, and if you used futures or margin account - it will get the entire balance liquidated.
By the way, please note that as far as to this point, we never posted our link, nor we even mentioned the alternative way of price risk management, which we do believe we have, but we don't want to disturb people with those types of "ugly marketing" which you referred too.Well this is a very important topic you have choose. Im my experience on last 2-3 months i see s a huge jump or a average dump. In this 2-3 months bitcoin help us to keep smile in our face. Though now it is in super hype because of it is breaking its all time high price records. Though we know that we are going to see a huge dump very soon. I remember that thing that taking risk is a must choice on crypto but keep in mind that take a risk that much amount what you can afford otherwise take your profit and wait for price dump don't think what after happen your sell that price is gone up because you have think that you are now in a total safe zone wait for dump and invest again.
Yes, correct, but nobody can ever know when the pump will happen or next dump... Even Ray Dalio who recently finally accepted that Bitcoin could be a good alternative to gold. And even current $24k could be all time low price if you count from this very moment and afterwards price never returns to such levels. Then you could be discussing with your grandkids that you saw price of Bitcoin as low as $24
or you could be discussing that the price was ATH @ $24k and then dropped to $1k and never went up again... nobody knows.
I consider BTC / USDT pair or any coin with the pair of stable coin is more convenient to trade when the market is acting either extremely bullish or bearish because we can make analysis for a coin only which saves lot of time and confusion while trading at volatile conditions. But it is better not to trade at all at bullish season until you see a huge drop on the prices which convince you that bullish trend got exhausted.
You are reffering here to one strategy used by some of our friends. They indeed made a fortune on such "safe" bets by leveraging a lot and acting on minor market corrections withing the major trend. But still, you don't know if that was a market correction or trend change.