Svmuu News: CZ reposted a previous thread on X discussing “whether the best entry point for long-term holdings should be sought during a bull market or a bear market” and replied with “DCA.”
DCA stands for Dollar-Cost Averaging, a strategy in which investors contribute funds at fixed intervals to reduce the impact of price fluctuations at any given point in time on their average cost basis by purchasing in installments. CZ also noted that those unfamiliar with the term should look it up and learn more about it, adding that mastering basic financial terminology is very important.
CZ on Long-Term Investing: Consider Using the DCA Strategy
Source:Odaily · Source Link
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