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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.
Automated crypto trading allows trading without being physically present. Trading bots use algorithms to execute trades based on technical indicators, increasing speed, accuracy, and consistency while mitigating risk.
Candlestick patterns are crucial in trading. Each candle has a body and a wick, and its color represents buying or selling pressure. Different patterns indicate market sentiment and trend direction.
