Part 5/8:
Crypto markets are notoriously driven by emotions, and letting fear or greed dictate investment decisions can lead to costly mistakes. Many investors lament the opportunity they missed during previous surges, only to overreact and make hasty decisions when prices dip.
Dollar-cost averaging (DCA) is a technique beneficial during these emotional times. By investing consistently over time, individuals can mitigate the impact of market volatility. Hence, consistent strategic buying during dips, contrasted with selling during euphoric peaks, can create a sound investment strategy rooted in calculated decision-making.