Dollar-Cost Averaging (DCA) is a strategy where a fixed amount of an asset is periodically purchased, regardless of the asset’s current price, to mitigate risk and potentially reduce cost basis.
Copy trading can be a valuable tool for novice traders looking to catch the bottom of a bear market. It allows users to replicate successful trades of experienced traders and learn from their strategies.
Crypto technical analysis involves studying past price movements to forecast future movements. Traders use candlestick charts, pivot point trading, and Fibonacci retracements to analyze trends and make trading decisions.