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10/06/21 10:53
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Posts
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By Captainsaudi · Posted
Investing in crypto could be challenging especially the Fear of Missing out Lambo. This mostly affect traders trading strategy and ideology. Predicting the right time to buy is always cumbersome and that is why many analyst advise DCA because it curtails FOMO and gives you a long-term crypto trading mentality. In crypto Dollar Cost Averaging involves investing the same amount of money in a target token at regular intervals over a certain period of time, regardless of price. This will help to control volatility on your portfolios and minimize FOMO For example when you decide to invest $100 on a token and invest $10 daily or weekly or monthly till you fulfilled you $100 target investment on the token irrespective of the price of the token. This strategy helps a crypto trader to build his portfolio over the long term thereby he/she is not bothered by short-term volatility in the broader markets. This strategy mostly favours low-budget traders in building a strong portfolio but the problem most normally encounter is exchange minimum trading amount. One analyst advised on how to mitigate this was to accumulate on exchange that has lower trading fees and later send to where you desire to hold. He also noted that some of this exchanges are good in listing good projects for you to be among the early birds. Do you think DCA is the best method to accumulate token and which exchange offers the lowest tradeable balance and trading fees? -
DXY now wait for confirmation or rejection
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By XTRAVAGANZA · Posted
Messi has written his name in the sands of time. I dare say he is immortal, he has challenged and excelled all limits to the point he is now the new limit. This partnership is GOATED cos it has brought more exposure for the exchange considering MESSI's popularity.
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Question
A2theK
Hi,
I wondered if anyone could help as I have emailed IG many times but they don't seem to understand my questions.
Is there a way that I can set a price limit order that I want to pay when I buy a stock on my spreadbetting account. Say for example I am looking to get filled once the price of a stock hit $100 but didn't want to pay anymore than $101 and the stock was fast moving.
Is there a way I can do this in the system for a buy that I will usually be making manually rather than waiting for an order to be hit?
Thank you in advance if anyone is able to help.
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